Cryptocurrency News
Publicly traded bitcoin mining companies, including Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, have reported a decrease in production ranging from 6% to 12% for the month of April. This decline comes as the robust bitcoin fee market briefly mitigated the impact of the halving, which occurred earlier. Public […]
Bitcoin miners play a crucial role in the cryptocurrency ecosystem, as they validate transactions and secure the network. Their activities often have a significant impact on the Bitcoin market, particularly when they send their Bitcoin profits to exchanges. The recent observation of miners recording extremely high exchange interaction, sending an […]
The rising interest from countries in Bitcoin adoption and the role of Bitcoin mining in this trend can be seen through the example of Russia’s Ministry of Energy pushing for the legalization of industrial crypto mining. This development highlights the growing recognition of the economic potential and significance of cryptocurrencies, […]
Cryptocurrency mining has revolutionized the way digital transactions are processed and secured. It involves the use of powerful computer systems to validate and record transactions on a blockchain network. While the process offers lucrative rewards, it also comes with its fair share of challenges. The Mining Process The mining process […]
There have been some concerns regarding the Bitcoin mempool in recent days. On November 15, the transaction backlog got a massive upward spike, for an unknown reason. It is always somewhat worrisome to see the Bitcoin mempool explode in size in an exponential manner. The Bitcoin Mempool Gets Cleared Quickly […]
At press time, the price of bitcoin is still trapped in the $6,300 range. The price has been here for the past few days, following a slight recovery after bitcoin briefly fell to $6,200 for the second time in less than a month. Thus far, one of the predictions made […]