Bitcoin Miners

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

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In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction…

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…

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….

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…

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits

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While bitcoin prices have been lower than the estimated cost of bitcoin production, omrežje’s hashrate has dropped a great deal since mid-November. Trenutno, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash na sekundo (EH/s)…

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

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During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for…

Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy

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One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S. Securities and Exchange Commission that raises the possibility the company may apply for bankruptcy protection. The filing notes that Core Scientific…