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Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability
Uncategorized

Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability

​​At these “depressed profitability levels, even miners using energy-efficient machines like the Antminer S19j Pro need access to electricity priced lower than $0.08 per kWh,” said Jaran Mellerud, an analyst…

0 Comments
December 6, 2022
Security Alert – [Implementation bug in Go clients causing increase in difficulty – Fixed – Miners check and update Go clients]
Ethereum

Security Alert – [Implementation bug in Go clients causing increase in difficulty – Fixed – Miners check and update Go clients]

Implementation bug in the go client leads to steady increase of difficulty independent of hashing power. Affected configurations: All Go client versions v1.0.x, v1.1.x, release and develop branches. The bug…

0 Comments
November 16, 2022
Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise
Uncategorized

Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise

However, it's not all doom and gloom. With weaker miners squeezed out, the survivors are set to thrive, according to Chris Brendler, an analyst at Wall Street investment bank DA…

0 Comments
October 8, 2022
Market Analysis

Bitcoin sees first difficulty drop in 2 months as miners sell 8K BTC

Bitcoin (BTC) miners remain under stress at current price levels as data shows large outflows from miner wallets returning.According to on-chain analytics firm Glassnode, monthly miner sales totaled up to…

0 Comments
October 1, 2022
Bitcoin Miners’ Profitability May Narrow as Mining Difficulty Hits Second-Biggest Increase This Year
Uncategorized

Bitcoin Miners’ Profitability May Narrow as Mining Difficulty Hits Second-Biggest Increase This Year

The hashprice, a metric coined by mining services firm Luxor Technologies that measures revenue per terahash of computing power, has dropped dramatically in the last month and particularly in the…

0 Comments
September 1, 2022
Bitcoin Mining Difficulty Poised to Spike by Most Since January Amid Colder Weather
Uncategorized

Bitcoin Mining Difficulty Poised to Spike by Most Since January Amid Colder Weather

Simultaneously, in the last month new technology has been deployed across facilities. “A lot of machines have come online in the last month, increasing bitcoin's seven-day average hashrate from 210…

0 Comments
August 30, 2022
Market Analysis

Bitcoin mining difficulty set for 8-month record gains despite BTC price dip

Bitcoin (BTC) may have hit six-week lows of under $20,000 but its network fundamentals are anything but bearish.The latest on-chain data shows that, far from capitulating, hash rate and difficulty…

0 Comments
August 29, 2022
Altcoins

Average Bitcoin transaction fee drops under $1 as network difficulty recovers

The average transaction fees on the Bitcoin (BTC) blockchain fell below $1 for the first time in over two years, further strengthening its use case as a viable mainstream financial…

0 Comments
August 22, 2022
Blockchain

Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2

The mining problem tied to the Bitcoin network inflated for the primary time in 57 days, rising 1.74% above the last period. Meanwhile, Bitcoin’s hashrate has been below average because…

0 Comments
August 6, 2022
Market Analysis

An even bigger mining difficulty drop? 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week in familiar territory after a weekend of solid gains ended in a drawdown — what’s in store?With another rally to near $36,000 under its…

0 Comments
July 6, 2021
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