Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack
A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of…
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Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High
As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure…
Bitcoin’s Top Mining Pool Foundry USA’s Hashrate Climbed 350% in 12 Months
Last year, Bitcoin’s total network hashrate was around 160 exahash per second (EH/s), and 15 known mining pools dedicated hashrate to Bitcoin on Nov. 6, 2021. At that time, the…
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher
As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped…
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from…
Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate
New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While…
Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High
Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high…
Bitcoin Mining Difficulty Hits a Lifetime High After a 5.56% Increase, Metric Nears 30 Trillion
Bitcoin’s mining difficulty reached a lifetime high on April 27, at block height 733,824, after jumping 5.56% higher than two weeks ago. The difficulty jump further indicates that Bitcoin’s difficulty…
13,233 Blocks Found by 16 Pools — A Look at the Top Bitcoin Mining Pools in Q1 2022
During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the course of that time, 13,233 block rewards were found by…
Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High
The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest…