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CATEGORY: exahash

Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 26, 2023 10:30

Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows

Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May 31, 2023—potentially jumping between 1.1% and 2.51%. Bitcoin’s Difficulty Nears 50 Trillion Milestone Bitcoin’s mining difficulty, already at an unprecedented level of 49.55 trillion, seems poised to breach the 50 trillion threshold within [...]

The post Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows appeared first on Crypto Breaking News.

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Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Dec 06, 2022 01:20

Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022

On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners Catch a Break as the Network’s Difficulty Drops

The post Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022 appeared first on BTC Ethereum Crypto Currency Blog.

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Hashrate Follows Price: Bitcoin Hashrate Jumps 92% in 2 Months, Difficulty Expected to Increase in 4 Days
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Sep 03, 2021 11:55

Hashrate Follows Price: Bitcoin Hashrate Jumps 92% in 2 Months, Difficulty Expected to Increase in 4 Days

Bitcoin prices have improved a great deal in recent times and the network’s hashrate remains higher than it was 67 days ago when it tapped a low of 69 exahash on June 28. Today, statistics show Bitcoin’s hashrate has increased more than 92% since then and the network is due for another increased difficulty change… More

The post Hashrate Follows Price: Bitcoin Hashrate Jumps 92% in 2 Months, Difficulty Expected to Increase in 4 Days appeared first on BTC Ethereum Crypto Currency Blog.

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Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 20, 2023 10:30

Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023

Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176. Bitcoin’s Difficulty Has Risen More Than 22% Since Block [...]

The post Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023 appeared first on Crypto Breaking News.

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Bitcoin miner Riot Platforms trims Q2 loss to $27.7M
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 10, 2023 05:50

Bitcoin miner Riot Platforms trims Q2 loss to $27.7M

Colorado-based Bitcoin mining firm Riot Platforms narrowed its second quarter net loss to $27.7 million as it ramped up its Bitcoin production and reached record hash rate capacity. The crypto miner posted total revenue of $76.7 million — up 5.2% from Q2 2022 — which was primarily driven by a 27% year-on-year increase in Bitcoin [...]

The post Bitcoin miner Riot Platforms trims Q2 loss to $27.7M appeared first on Crypto Breaking News.

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Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 05, 2023 05:50

Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1

Bitcoin (BTC) mining firm Marathon Digital reported a quarterly record of 2,195 BTC mined over the first quarter of 2023, currently worth around $62 million. Marathon explained in an April 3 update that the 2,195 mined BTC is a 74% increase from the first quarter of last year and a 41% increase from Q4 2022. [...]

The post Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1 appeared first on Crypto Breaking News.

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