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Tag: miners

Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds

August 21, 2023 wp-bot Bitcoin News

Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners,

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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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Bitcoin mining researchers claim new tech ups winning hash chance by 260%

August 17, 2023 wp-bot Cointelegraph

U.K.-based research company Quantum Blockchain Technologies has developed algorithmic search methods that boost Bitcoin mining efficiency and reward probability.

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A Tumultuous August: Peaks and Valleys in Bitcoin’s Ordinal Inscription Saga

August 14, 2023 wp-bot Bitcoin News, Blockchain

Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced

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Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4%

August 2, 2023 wp-bot Bitcoin News, Blockchain

The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25

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Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction

July 31, 2023 wp-bot Bitcoin News, Blockchain

According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a

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Blockchain
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