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Tag: Hashrate

Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price

September 6, 2023 wp-bot Bitcoin News, Blockchain

On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the

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Bitcoin Miners Anticipate Relief: Upcoming Difficulty Reduction Projected After August’s Challenges

September 1, 2023 wp-bot Bitcoin News

While Bitcoin experienced two difficulty adjustments upward last month, the next one, expected around September 6, 2023, is estimated to be a reduction. Currently, the

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Bitmain’s Upcoming Monero ASIC Miner Sparks Anxious Buzz Within XMR Community

August 27, 2023 wp-bot Bitcoin News

In an announcement on Sunday, cryptocurrency mining rig manufacturer Bitmain revealed its intention to sell a machine designed for mining the digital currency monero (XMR).

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Analysis Says 2024 Halving Could Push Bitcoin to $400K, BRICS Declares Importance of Local Currencies in Trade — Week in Review

August 27, 2023 wp-bot Bitcoin News

This week’s hottest stories detail a potential skyrocketing of bitcoin’s price to $400,000, connected with the upcoming 2024 halving event, emphasis on trade in local

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Bitcoin Miners Navigate Record Challenges and August’s Dual Difficulty Hike

August 23, 2023 wp-bot Bitcoin News

Bitcoin miners faced another uphill battle this month, marking the second straight increase in mining difficulty. On August 22, at block height 804,384, the difficulty

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Bitcoin’s Transaction Backlog Surges Past 400,000

August 20, 2023 wp-bot Bitcoin News

A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1,

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