Auto Added by WPeMatico

Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 Months

Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s…

Continue ReadingBitcoin Network’s Mining Difficulty Drops for the First Time in 2 Months

While Known Mining Pools Currently Dominate, Unknown Miners Discovered the Most Bitcoin Blocks During the Last 13 Years

The Bitcoin network has been operational for 5,012 days and so far, more than 755,000 blocks have been mined into existence. During the last year, Foundry USA and Antpool were…

Continue ReadingWhile Known Mining Pools Currently Dominate, Unknown Miners Discovered the Most Bitcoin Blocks During the Last 13 Years

New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours

Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoW) roughly five different crypto assets were the main beneficiaries of Ethereum’s former hashrate. However, 24 hours after The Merge, anonymous developers…

Continue ReadingNew Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours

Bitcoin’s Mining Difficulty Taps All-Time High — 220 Exahash of Hashpower Remains Strong

Bitcoin’s mining difficulty reached a new all-time high at block height 753,984 from 30.97 trillion hashes to 32.05 trillion hashes. After two difficulty increases during the past month, the network’s…

Continue ReadingBitcoin’s Mining Difficulty Taps All-Time High — 220 Exahash of Hashpower Remains Strong

Team Behind Ethereum’s PoW Fork Aims to Launch Network 24 Hours After The Merge

While The Merge is expected to take place in less than two days, the Ethereum proof-of-work (PoW) fork is scheduled to go live 24 hours after the transition, according to…

Continue ReadingTeam Behind Ethereum’s PoW Fork Aims to Launch Network 24 Hours After The Merge

While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult

Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining…

Continue ReadingWhile Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult

Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge

Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September…

Continue ReadingEthereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge

Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship

The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at…

Continue ReadingEthereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship

Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days

In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets…

Continue ReadingProposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days