Bitcoin Network’s Mining Difficulty Expected to See Largest Increase in Over 2 Months
Bitcoin’s hashrate has been steadily climbing after dropping to 69 exahash per second (EH/s) on June 28, as it reached a high of 117 EH/s...
Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago
As expected, Bitcoin’s mining difficulty increased this week jumping 6.03% higher on July 31. The change marks the first increase out of five difficulty adjustment...
Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next Week
On Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s...
After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan
Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the...
As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return
While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how...
Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery
Over the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces. 30-day statistics show...
Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down...
Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch Drop, Global Hashrate Slips Lower
Bitcoin’s mining difficulty dropped this week at block height 685,440 and saw the largest negative drop of the year losing close to 16%. Overall the...
Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the...
Bitcoin Hashrate Slides- Low BTC Prices, Sichuan Wet Season, Upcoming Difficulty Spike to Blame
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has...