Is it possible to mine bitcoin by oneself again? As a matter of fact, yes, even nowadays, but it is not necessarily worthwhile. In recent months, it has happened that individual, non-pooled miners were able to mine Bitcoin or Ethereum blocks completely on their own. It is worth noting that the current reward for mining
One of the leading US Bitcoin miners, Marathon, has announced that it has begun signalling Taproot. It is now very clear on taproot.watch that almost all miners are reporting compatibility with this next Bitcoin protocol update, so approval seems to be a done deal. During the current epoch of difficulty, an average of 97 out
The administrative board of the OKEx exchange has decided to considerably expand the platform’s services and is focusing on growing its own mining pool, OK Pool. The goal is to diversify the business so as to involve also miners and not only traders. OKEx is currently one of the major exchanges worldwide. It was launched
In recent weeks the hashrate of the well-known crypto Ravencoin has experienced a massive surge in its hashrate, which in just a few days has almost doubled. The reason for this is surely the new ASIC series for the mining of the Ravencoin’s PoW X16R algorithm. To be specific, these are the first officially marketed
In recent months, in particular between April and May 2019, the RavenCoin network has undergone substantial growth in its hashrate, partly as a result of the use of FPGAs for the mining of the currency. For this very reason, the development team has started to work towards finding a solution to temporarily eliminate FPGAs and
Some of the biggest names in the crypto industry, including Jack Dorsey, Michael Saylor and Tom Lee, have spoken out against claims made by House Democrats on Bitcoin mining. US Democrats against mining The US Democratic Party sends a letter to the EPA against Bitcoin mining. Simple propaganda? In fact, recently some Democratic members of
Yesterday, on the day of the third halving, there was a new record high for Bitcoin’s hashrate. In fact, according to bitinfocharts.com the 137 Ehash/s were exceeded for the first time, beating the previous record of March 5th. However, not everyone agrees with these figures, which are to all intents and purposes only estimates. For
The difficulty of Bitcoin mining has increased again, reaching a new all-time high: 17.56 T. The increase took place today, after the August 10th increase that brought it back to around 17 T. This is curious, since with the halving in May, which halved the miners’ rewards in half, it was expected that the computing
American geopolitical analyst Peter Zeihan has never been popular among Bitcoiners. Zeihan has spoken out against Bitcoin (BTC) several times in the past, going as far as to call BTC a “dumpster fire.”In the nearly 2 hours-long podcast hosted by Joe Rogan on Jan 8, Zeihan went on to reiterate his views against the largest
Some cryptocurrencies are easier and less expensive to mine than others. The birth of cryptocurrencies also introduced the concept of mining, thanks to the PoW (Proof of Work) consensus protocol, so-called because proof must be provided that a problem has been solved and a certain amount of energy has been consumed to achieve that result.
