NEW YORK, April 6, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a bitcoin mining company headquartered in New York, announced that the Company had completed the purchase of 4 ...
Bitcoin’s (BTC) mining hash rate is seeing major volatility ahead of the halving event, scheduled for May 12, as the mining sector is preparing for a major reshuffle. On May 3, the hash rate set a new ...
Bitcoin’s total hash rate has hit a new all-time high, according to Coin Metrics data, only weeks after the end of a two-month capitulation period for the industry. Against a more challenging ...
NEW YORK, Dec. 4, 2020 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT), a Nasdaq listed Bitcoin mining company headquartered in New York announced that on December 3, 2020, it had completed the ...
Miners provide a last line of defense for securing the Bitcoin network against brute-force attacks from malicious actors who might accumulate a majority of SHA-256 hash rate. The more hashing power is ...
As the cryptocurrency bear market presses on many investors worry that Bitcoin was just another passing fad. Bitcoin recently broke down past $8000 and is struggling to find support around $7800, the ...
Industry participants are looking for Bitcoin's total network hash rate to double over the twelve months of 2022, reaching about 350 million TH/s. Bitfarms contracted for up to 210 MW of electricity ...
Bitcoin's single-day hash rate on Tuesday hit a new high of 1.279 zettahash per second (ZH/s), according to mining data platform CoinWarz, even as the price of the asset remained roughly flat over the ...
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and info to keep you up to date in the cryptocurrency and blockchain world. Earlier this year, Bitcoin was setting records for ...
While a 29% drop in Bitcoin’s hash rate might be due to the miners’ capitulation, analysts point to other factors that could have had a bigger impact. The Bitcoin (BTC) network hash rate took a steep ...
Litecoin (CRYPTO: LTC) and Dogecoin (CRYPTO: DOGE) recorded a sharp uptick in hash rate on Sunday after a mining company disclosed that the two coins yielded three times the profit as mining Bitcoin ...