Search Results for: BTC miners

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

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Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, v višini bloka #778,176, doseganje 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest…

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

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A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the…

Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs

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Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, od 2 exahash na sekundo (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in…

Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Dnevi

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Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 do $1.704 na transakcijo. The rise in onchain fees coincides with the new Ordinals digital…

Litecoin to Undergo Block Reward Halving in Just Over 200 Dnevi, First Among Major PoW Cryptocurrencies

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V grobem 202 dnevi, the cryptocurrency network Litecoin (LTC) will experience a block reward halving on or around Aug. 3, 2023. Litecoin will be the first major proof-of-work (PoW) blockchain to see a reward reduction before Bitcoin’s upcoming halving, kateri je…

Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices

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Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Trenutno, with electricity costs at $0.07 per kilowatt-hour (kWh), only 18 application-specific…

Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading

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Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, dec. 28, 2022. The company’s stock has lost 96.34% year-to-date and on Dec….

Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High

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As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash na sekundo (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining…

While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% višje

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Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, v višini bloka 766,080. Med zadnjim 2,016 bloki, Bitcoin’s hashrate has been around 254.3 exahash na sekundo…

Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions

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dne dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains the grid” and the industry “undermines U.S….