Revenue for Bitcoin mining fell by 21.6% in May, due to a failure to adjust the difficulty in the face of high hashrate. Bitcoin mining profitability is declining The number of BTC mined has remained more or less constant, but their value has declined significantly. According to a recent analysis by The Block Research last
SPONSORED POST* For many years now, Nhash, the largest cloud mining company in the world and also the most profitable, has been an investment hub for blockchain investors. Its relevance can be traced to its reliability and unique business model which makes it possible for investors to earn from mining BTC without any knowledge or
The well-known Bitmain mining pool, Antpool, lost 12.5 bitcoins (about $150,000) due to a trivial error. According to a report by BitMEX Research, the research group of the BitMEX exchange, the mess occurred yesterday at 14:35 UTC. Bitcoin had an invalid block at height 584,802, as spotted by @juscamarena All 8 nodes at https://t.co/WKQ8hPDGON identified
Glassnode data analyzed by CryptoSlate revealed that the total amount of Bitcoin (BTC) that was last active six months ago reached just below 15 million.The chart below represents the total BTC supply that has stagnated for at least six months with the blue area. The data starts from 2010 and shows a steady increase except
Fetch.ai (FET)has become a listed token on Proof of Reserves (PoR) for several exchanges, including Binance, Huobi and Bitfinex, according to Glassnode data.Artificial Intelligence (AI) token popularity surged over the last three months — leading to significant increases in AI token price and active addresses, according to CryptoSlate data.Fetch.aiFET is a decentralized digital representation of the world
Last week, Iran confiscated about three thousand bitcoin mining machines. In fact, a few weeks ago, the country had issued a temporary total ban on bitcoin mining, due to high energy consumption in the summer. The country does not have a variable cost of electricity, which would make mining unprofitable in the event of a
A few days ago it was shown how to do bitcoin mining with a Commodore 64. In fact, the software that allows mining BTC is actually quite simple, to the point that it can even run on an old Commodore 64 from the 1980s, with a SuperCPU of only 0.02 GHz. However, the fact that
Today there was a “stale block” on the Bitcoin blockchain. This is a block that is not added to the main chain because it has the same height as a previously mined block. It is block 619970, of which two versions have been mined. Both blocks were mined at 10:32 AM (CET) on March 3rd
The city of Fort Worth, Texas, will mine Bitcoin using three ASICs donated by the Texas Blockchain Council. Texas Blockchain Council donates three ASICs for Bitcoin mining The city of Fort Worth, Texas invests in Bitcoin mining The decision was approved by a special vote on a city council resolution aimed at encouraging the growth
Nicehash is a service that allows users to share the computing power of their GPUs to mine cryptocurrencies. In recent months, the value of many cryptocurrencies has risen dramatically, particularly bitcoin, and the profitability of mining has soared. For example, in the case of bitcoin, which is the most difficult cryptocurrency to mine as it
