Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
Despite an upswing in mining problem on May 18, present knowledge tasks Bitcoin’s mining problem to see an additional escalation on May 31, 2023—doubtlessly leaping...
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been bigger than they had...
Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency
Electricity suppliers within the Russian area of Irkutsk have registered a surge in energy consumption in residential areas which they’re blaming on cryptocurrency mining. Planes...
Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges
Unknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report...
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to...