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Showing posts with the label hashrate

The activity of bitcoin miners has increased by more than 30% since the end of 2018

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Miners seem to have recovered from the losses incurred due to the collapse of the cryptocurrency market in 2018, and increased productivity by more than 30%. Bitcoin hashrate network has been steadily increasing since the end of last year, which indicates the activation of mining pools. Miners worked hard even when the price of the main cryptocurrency fell. The corresponding post on Twitter posted analytics service DRIVE Markets. They emphasized: https://twitter.com/DriveMarkets/status/1085345397025910784 It is quite possible that bitcoin mining has once again become profitable, since during the period of the fall of the crypto-market many mining pools reduced mining of coins or stopped it altogether. Those miners" teams ... Read more about " The activity of bitcoin miners has increased by more than 30% since the end of 2018 " on coinatory.com

The sharp decline in Bitcoin hash rate

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According to eToro"s senior market analyst Mati Greenspan, the current bitcoin hashrate is the lowest since August of this year. Some may think that this situation is caused by the miners that switched to Bitcoin Cash to help in the pointless hashwar, but that doesn"t seem to be reasonable as there was no increase in hashrate. The only good reason is that mining became unprofitable for private miners and only large-scale mining seems to be able to survive during the current price drop of Bitcoin. Switching off the hardware in such a situation will make you avoid losses. It seems like the worst scenario described in the article  “When will Bitcoin change its trend” starts to develop. It"s time to become the HODLer or to wai ... Read more about " The sharp decline in Bitcoin hash rate " on coinatory.com

Watch the 51% attack live! You are invited!

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On Oct 13, 3:00 CDT, 4:00 EDT 1:00 PST I"m going to do a 51% attack against the cryptocurrency Einsteinium Such a statement was posted by the anonymous hacker. He is going to gain control of the huge share of the altcoin hashrate to demonstrate how easy it is. Hacker, speaking under the name piracy1, promises to broadcast the event live on this link. Over the past three months, 51% have undergone a series of altcoins, including Bitcoin Gold and Verge, and the latter did not hold out twice. Now, the Einsteinium (EMC2) has come to the ... Read more about " Watch the 51% attack live! You are invited! " on coinatory.com

Bitmain controls up to 4% of the bitcoin hashrate

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The giant of mining Bitmain promised to publish once a month to report on what kind of mining capacities it has and what kind of hashrate is controlled by the company. We are talking about data on three algorithms: SHA256, ETHASH and SCRYPT. The bitcoin-mining giant Bitmain informed that they will publish regular reports on the size of the internal mining operations within the framework of the general course on transparency necessary to enter the placement of shares in 2015. Bitmain reported that the company owns the mining capacity for ... Read more about " Bitmain controls up to 4% of the bitcoin hashrate " on coinatory.com