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Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break
20.9.2022
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most...
Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block
18.8.2022
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63% from 28.17 trillion to 28.35 trillion Thursday morning. Bitcoin Network Records...
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022
12.8.2022
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the...
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
4.8.2022
The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022....
Bitcoin network activity decline suggests longer bear market: Glassnode
2.8.2022
Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases
Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery
23.7.2022
The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards
Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
5.7.2022
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs
Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop
25.6.2022
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power
Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
14.6.2022
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from...
Binance Shares What Caused Backlog on Bitcoin Network, Resumes BTC Withdrawals
14.6.2022
Major crypto exchange Binance has shared that they had been repairing "minor hardware failures" yesterday, which resulted in "a stuck transaction", which then caused a backlog on the Bitcoin (BTC) network and led to the company pausing BTC withdrawals for about three hours....
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Bitcoin network difficulty falls 4.3% to 29.897T, biggest drop in 10 months
28.5.2022
The network difficulty recorded a drop of 4.33% — falling from 31.251 trillion to 29.897 trillion on May 26, just two weeks after attaining its all-time high
Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown
15.5.2022
Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities...
Bitcoin network fortifies as mining difficulty records ATH of 31.251T
14.5.2022
BTC’s latest network difficulty all-time high makes it nearly impossible for bad actors to represent over 50% of the hash rate
Bitcoin network transactions and fees surge amid investor de-risking
10.5.2022
Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral according to Glassnode’s latest report
Bitcoin network difficulty breaks into a new all-time high of 29.794T
30.4.2022
While Bitcoin miners continue to pursue the last 2 million BTC into circulation, the overall network is well-positioned to attain greater resilience against vulnerabilities
Bitcoin network hash rate hit a new record high amid price volatility
28.4.2022
Bitcoin network hash rate hit a new record high, seeing a 400% increase since the mining ban by China last year
Three-quarters of BTC addresses still in profit despite market decline: Glassnode
12.4.2022
The report by Glassnode also revealed that up to 60% of the transaction volume is in what it calls “profit dominance”, and long-term holders are the most likely to be in the green
Bitcoin network difficulty reaches all-time high as miners pursue 2M BTC
2.4.2022
Bitcoin’s hash rate maintained a stronghold throughout the year as it compliments the new ATH for BTC network difficulty
Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise
13.3.2022
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase...
Bitcoin network's carbon emission jumped 17% after China ban: Report
28.2.2022
The research report blamed the increase of Bitcoin's carbon footprint on the China mining ban and claimed Chinese miners were more renewable energy focused