Unregistered Bitcoin Mining in Russia May Soon Come With Up to Two Years of Forced Labor
Bitcoin Magazine Unregistered Bitcoin Mining in Russia May Soon Come With Up to Two Years of Forced Labor Russia is preparing to escalate its crackdown on unregistered cryptocurrency mining, proposing…
DMND To Launch First Stratum V2 Bitcoin Mining Pool and Closes Venture Capital Investment
Bitcoin Magazine DMND To Launch First Stratum V2 Bitcoin Mining Pool and Closes Venture Capital Investment DMND (“Demand Pool”), the world’s first Stratum V2 Bitcoin mining pool, has officially opened…
Bitcoin Miners, Economic Irrationality Can Be Fatal
Some miners at OCEAN have started making use of the Coin Age Priority algorithm during block template construction using DATUM. Originally, Bitcoin Core originally selected transactions to include in blocks…
Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks
According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction…
Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024
In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top…
Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT.…
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17,…
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined…
Bitcoin Miners’ June Revenue Dips Slightly Below May
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second…