Bitcoin Hashrate Increases 32% in 3 Months, Stealth Miners Command 12% of BTC...
Bitcoin’s hashrate has been increasing a great deal during the last three months, as it’s increased more than 32% from 103 exahash per second (EH/s) on July 25 to today’s 137 EH/s, with a few highs in between around the 189 EH/s mark. Bitcoin’s price spike has pushed the hashrate higher and in a week’s time, the overall mining difficulty is expected to increase for the eighth time in a row. Bitcoin Hashrate Steadily Rises Higher As bitcoin’s price is still more than 30% higher during the last month, even after the fall below the $60K....
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While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline and Bitcoin’s overall hashrate has regressed as well. On the other hand, as several known pools have lost hashrate, processing power from “unknown” pools has increased a great deal. Pool Percentages Decline, Overall Hashrate Dips Lower There have been reports stemming from officials in....
Coinotron is way too close to 51% of the Litecoin Network Hashrate. The Litecoin Community is currently coming together to deal with one of cryptocurrency's most existential threats: that of a 51% attack. At this point, Coinotron has not attempted any sort of malicious activity. In fact, Coinotron has stated that: "I have contacted with our biggest miners. We are working on solution to mitigate risk of Coinotron's hashrate raising over 50% of LTC network hashrate." However, in the days since that message, Coinotron's hashrate has not dropped at all. For the last several days, Coinotron has....
Data shows the Bitcoin mining hashrate has been moving sideways since five months now as the miners’ revenues remain low. Bitcoin Mining Hashrate Hasn’t Moved Much Since Five Months Ago According to the latest weekly report from Arcane Research, the BTC hashrate right now is at the same level as back in May of this […]
Data shows the public Bitcoin mining companies have plans to expand their hashrate by around 50% by the end of the year, Public Bitcoin Miners To Add 27 EH/s To Their Hashrate In Remaining Part Of 2022 As per a post from Arcane Research, the combined hashrate of these miners will reach around 80.7 EH/s […]
Miners are starting to get strapped for cash and need a boost since BTC has dropped in price since November and revenue has fallen even further due to increased competition. Bitcoin miners are selling off coins from their stockpiles and shares in their companies after the profitability of mining took a dive since November.With Bitcoin (BTC) currently holding around $43,500, about 33% below the all-time high (ATH) of about $69,000 reached that month, miners are selling at a less-than-opportune time. However, electricity and equipment bills must be paid.Data from on-chain analytics firm....