Block number 881,423 of Bitcoin was undermined by an open pool with a Mini Asic of the Apollo brand, as cryptooticias reported. A more detailed analysis of the block, specifically from its coinbase label, discovers that the miner in question It is a non -profit foundation called 256 Foundationwhich enabled a mining pool through Apollo … Read more
Monero hashrate has reached a new all-time high of 4.1 GH/s. According to different monitoring firms, this figure exceeds the previous record from the cycle that ended in January 2022, when the hash rate of this network reached 3.2 GH/s. Monero is a cryptocurrency known for its focus on privacy. In a cryptocurrency ecosystem where … Read more
The new open source Bitaxe has a touch screen; hence its name: Touch. This device developed by Solo Satoshi will have a hashrate of 1.6 TH/s. Solo Satoshi, a company that develops mining equipment for solo bitcoin mining from home, announced that it is developing a mini ASIC. Is called touchand is being built on … Read more
During the last two months of 2024, the profitability of Bitcoin (BTC) mining has seen an increase mainly due to the rise in the price of this currency in that period. This circumstance, reported by CriptoNoticias, led to the fact that currently the most profitable ASIC (application-specific integrated circuit) for this task allows obtaining an … Read more
December 2024 closed as the third most profitable month of the year for Bitcoin (BTC) miners, with revenues reaching $1.44 billion, according to The Block. This data marks the highest level of 2024 only behind March and Aprilwith observed profits of $2 billion and almost $1.8 billion, respectively. The profitability recorded by Bitcoin miners in … Read more
In November 2024, this company managed to extract 367 BTC of which it did not sell any. Thanks to BTC, Cango obtained 10 times more revenue in November than in the entire third quarter. Cango, a Chinese platform that offers automotive transaction services and is listed on the New York Stock Exchange, has decided to … Read more
During the first two weeks of November 2024, the profitability of Bitcoin (BTC) mining increased, supported by a 29% increase in hashpriceor hash price, according to JPMorgan. This metric, a key indicator of Bitcoin mining profitability, reflects the amount of revenue a miner can generate per unit of hashrate (computing power) in a day, and … Read more
During the third quarter of the year, the cost of producing 1 bitcoin went from USD 4,200 to USD 49,500. Some companies have reduced their production costs based on energy agreements. The cost of mining 1 bitcoin is experiencing an escalation, resulting in a challenge for the mining industry. After the halving reduced the reward … Read more
A higher hashrate is a sign of trust and health in the Bitcoin network. The arrival of more powerful miners and even the reconnection of old miners influences the rise. The Bitcoin network hashrate has reached a new all-time high. This network security indicator reached the record figure of 734 EH/s. A higher hashrate is … Read more
After a month of its launch, on October 9, 2024, the Fractal Bitcoin (FB) network, a Bitcoin (BTC) sidechain, managed to capture 35% of the hashpower (or total processing power) of Bitcoin. This hashpower measures the computing capacity of a miner or a network intended to process the cryptographic algorithms that secure and validate Bitcoin … Read more