Bitcoin miners' profit/loss sustainability has entered the extremely underpaid zone, risking miner capitulation.
Bitcoin (BTC) difficulty hit an all-time high of 114.7 trillion (T) following a 5.6% upward adjustment over the weekend, ...
This rise in difficulty is due to bitcoin’s rising hash rate, which hit an all-time high on Feb. 4. Mining difficulty adjusts every 2,016 blocks, targeting an average block time of 10 minutes.
The majority of the biggest bitcoin miners by market capitalization saw a dip in their production tallies in January.
Bitcoin's mining difficulty, a measure of how hard it is to create a new block in the cryptocurrency's blockchain, has reached a new peak of 114.7 trillion over the weekend, following a 5.6% increase.
Bitcoin's mining difficulty, a measure of how hard it is to create a new block in the cryptocurrency's blockchain, has reached a new peak of 114.7 trillion over the weekend, following a 5.6% increase.
Despite the high risk of Bitcoin miner capitulation, analyst James Van Straten believes that the cryptocurrency could hold ...
Bitcoin (BTC) is becoming more difficult to mine after increasing competition in the past ten days. The next difficulty adjustment may make the network even more competitive. The Bitcoin (BTC) ...