Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis. Per the report, nearly 18.6 million bitcoin (BTC) has been mined as of June 2020. Of this, around 60% BTC […]
United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin mining ASIC units.
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on May 22, there were 17 mining pools hashing […]
The post Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash appeared first on Bitcoin News.
Where, why and how bitcoin mining operations are emerging.
The post Bitcoin Mining in North America: A New Gold Rush in the New World appeared first on Bitcoin Magazine.
Global Container Terminals, a container terminal operator in North America, has joined Maersk and IBM’s blockchain shipping platform TradeLens
1 AM UTC was the hour of greatest volatility for Bitcoin from 2017 to 2019, crypto analytics firm LongHash found
The number of online retailers accepting bitcoin cash (BCH) has swelled to more than 945 stores in the last few months. According to Marco Coino, which provides a directory of merchants that accept payments in BCH, more than 670 bricks and mortar retailers also now handle transactions in the cryptocurrency. In October, that figure stood […]
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The majority of bitcoin miners â€” about 78 percent â€” use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such as China, a new study by Coinshares has revealed. The U.K.-based digital asset management company argues that “bitcoin mining may in fact be acting as an […]
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