As was somewhat to be expected, the recent block reward halving has an impact on the Bitcoin miners. All major pools are losing hashrate rapidly, although it is expected that things will return to normal fairly soon. When the Bitcoin block reward halved, profitability of mining operations took a hit. […]
Tag: Bitcoin miners
Bitcoin Price Watch: Currency Jumps Ahead by $200
At press time, the father of cryptocurrency is trading for over $7,100. This is about $200 higher than where it stood just yesterday afternoon. One source suggests that bitcoin is still trapped in a selling rally, but that it’s enjoying a day of relief before the bears enter the fray […]