Mining Bitcoin just got tougher
Data from the beginning of the year shows a fluctuating, but overall increasing, trend in Bitcoin mining difficulty. After reaching a low point of 34.09 trillion at block height 770,112 in early January, the difficulty level has generally been rising, with a few occasional dips. The most notable spike was a 10.26% increase to 37.59 trillion at block height 772,128 on Jan. 15.
The recent increase in mining difficulty may signify a healthy and active Bitcoin network, with more miners vying to add new blocks. However, this heightened competition also increases the resources and computational power required to mine new Bitcoin, making the process more complex.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Bitcoin on-chain data shows miners offloading BTC as revenues shrinkOn-chain data shows miners sending BTC to exchanges, a move which is historically followed by increased sell pressure on Bitcoin’s price.
Les mer »
Bitcoin Miners Transfer $174M Worth of Coins to Exchanges in Two WeeksThe 14-day average of miner transfers to exchanges has increased sharply to 489.26 BTC, the highest since March 2021, according to Glassnode.
Les mer »
Bitmain's S19 Bitcoin Miners Account for Bulk of Network Hashrate, Says New ResearchTwo models of bitcoin mining rigs made by BITMAINtech account for most of the hashrate on the network, according to a new research report by coinmetrics. egreechee reports
Les mer »
Unite and Prosper: BitFuFu's Collaborative Approach Empowers Miners Worldwide – Press release Bitcoin NewsPRESS RELEASE. During the Blockchain Pizza Festival held from May 22nd to May 31st, BitFuFu organized an exciting 'Team Up, Mine More' event that
Les mer »
Security Agency Detains Nigeria's Suspended Anti-Bitcoin Central Bank Governor – Africa Bitcoin NewsThe suspension is expected to pave the way for further investigations into Godwin Emefiele's conduct throughout his tenure as head of the Central Bank of Nigeria (CBN). cenbank forex
Les mer »
Bitcoin, Ethereum Technical Analysis: BTC Above $26,000 Ahead of US Inflation Report – Market Updates Bitcoin NewsBitcoin rose above the $26,000 level on Tuesday, as markets prepared for the upcoming U.S. inflation figures.
Les mer »