Auto Added by WPeMatico

US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant

According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control…

Continue ReadingUS Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant

BTC Miners Increase Earnings With Fractal Bitcoin Mining 

According to the latest data, the blockchain network Fractal Bitcoin continues to capture around 226 exahash per second (EH/s) of Bitcoin’s hashrate via merged mining. Additionally, Fractal Bitcoin’s native crypto…

Continue ReadingBTC Miners Increase Earnings With Fractal Bitcoin Mining 

Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch

Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an…

Continue ReadingFractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch

Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low

Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low…

Continue ReadingBitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low

Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump

On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit…

Continue ReadingBitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump

Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just…

Continue ReadingBitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

Bitcoin Miners’ June Revenue Dips Slightly Below May

The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second…

Continue ReadingBitcoin Miners’ June Revenue Dips Slightly Below May

3 Bitcoin Mining Pools Wield 69% of Total Hashrate Discovering 301 Blocks in 72 Hours

Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period. Foundry USA and Antpool, two industry…

Continue Reading3 Bitcoin Mining Pools Wield 69% of Total Hashrate Discovering 301 Blocks in 72 Hours

Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023

After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion,…

Continue ReadingBitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023

Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools

A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of…

Continue ReadingRecent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools