Mining

While, two weeks ago, it was estimated that Bitcoin (BTC) mining difficulty might drop by 16%, it just went up 5.77 % today, as more miners turned their machines on in the past two weeks. (Updated at 09:10 UTC: the second paragraph has…
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After the second-largest Bitcoin (BTC) mining difficulty drop, the next one might be even bigger and provide even stronger relief to miners. As predicted, Bitcoin mining difficulty (a measure telling us how hard it is to compete for mining…
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As Bitcoin (BTC) mining difficulty and hashrate hit new highs, less efficient miners, hurt by the virus outbreak, new-generation rigs, and falling BTC prices, may be out of business. Bitcoin mining difficulty, a measure that shows how hard…
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The Bitcoin Cash blockchain is seemingly going to avoid a potential chain split that could have occurred over a controversial “miner tax” proposal that divided the cryptocurrency community. The proposal was first made by the CEO of major…
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Alex de Vries, a blockchain specialist at PwC, has claimed that only 2% of machines mining Bitcoin ever manage to find a block during their short lifetimes, while 98% fail to verify transactions on its leger. According to a report…
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Hackers are attempting to profit from the death of Kobe Bryant by hiding malware within downloadable pictures of the basketball legend. Researchers at Microsoft Security Intelligence discovered that a desktop wallpaper of Bryant contained …
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Microsoft’s security intelligence unit has found cryptocurrency mining malware hidden in a wallpaper of the late basketball legend Kobe Bryant. The tech firm’s security researchers tweeted out that cybercriminals are taking advantage of…
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A pool of anonymous Bitcoin Cash (BCH) miners decided not to start the competing pool “for the time being” and will continue to support the BCH pools after supporters of the controversial proposal clarified their ideas. The group believes…
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Are you a latecomer to the bitcoin rush in 2019? Unless you have deep pockets, getting your hands on some bitcoins these days is not that easy. Mining used to be the go-to method if you wanted to get your hands on bitcoins on a regular…
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Bitcoin will undergo its third halving event to date this May. The supply of new BTC released to miners with each block will reduce by half to 6.25 BTC. The impact of the event has been the source of much debate in the industry. For one…
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