Bitcoin has seen its mining difficulty decline to 13.91 T from a high of 16.55 T, down 15.95 percent at 2:51 UTC on Thursday, March 26, two weeks after the March 12 price crash. It is estimated that the mining difficulty will continue to drop, by 16.04% to 11.68 T in 14 days, according to...
CoinShares, a New York-based cryptocurrency service that provides advice and other services for investors, released a statement on the state of Bitcoin mining during the global uncertainty caused by the coronavirus, ahead of a planned, more thorough June 2020 mining report. In it, CoinS...
Bitcoin price’s latest crash seems to have cast a shadow over the mining sector which saw the hashrate of bitcoin network dropped to a low of 85 EH/s from a peak of 133 EH/s on March 5. The current prices might be too low for some mining operations, which caused a small exodus of miners t...
With more than 200,000 confirmed cases and almost 9,000 deaths globally, COVID-19 is by far the biggest health threat the world is facing right now. To help curb the spread of the deadly virus, governments and health organizations have been working round the clock to develop a vaccine. Ho...
Bitcoin has succumbed to a staggering market sell-off with a 22% move to the downside with price sliding below the $5500 level of support in the afternoon on March 12. Panic has certainly crept into all global capital markets, with Bitcoin price targets beginning to emerge at $4,850. Accordi...
Bitcoin mining difficulty has set a new all-time high of 16.55 T at the block height 620,928 at 11:05 UTC on March 9 despite bitcoin’s sharp price drop in the day. It is estimated that the mining difficulty will increase by 7.16% to 17.74 T in 13 days, according to BTC.com. Bitcoin m...
The fate of a mass of outdated crypto mining machines will be rewritten after the bitcoin block rewards being reduced from the current 12.5/block to 6.25/block as the halving comes. Many crypto miners in China holding old mining machines, in the face of the increasing difficulty of mining and ...
The computing power of the Bitcoin network is greater than ever, as miners ramp up efforts ahead of the Bitcoin Halving. The network’s hashrate today reached an estimated all-time high of around 136 quintillion hashes per second, according to Blockchain.com, which monitors the metric. Ot...
Due to coronavirus outbreaks, the upstream and downstream of the crypto mining industry in China has been postponed at the beginning of this year. Now the crypto mining industry is gradually back on track. Whether it's mining machine manufacturers, mining pools, mining farm owners or miners, the...
On February 24, Bitmain’s Antminer E3, the only Ethash algorithm ASIC device and once the most powerful hardware for Ethereum mining, was alleged to stop Ethereum mining in the coming April as a result of DAG file size increase to the upper limit of 4GB which the E3 runs on, acco...
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