News with the tag "Mining pool"

Bitcoin mining is a tough business. When one considers deploying economic resources to mine traditional commodities such as gold, copper or oil, prospecting for those resources in the field is always done beforehand, to ensure that any capital invested in a mining project will not be in vain. But du...

Hashrate dominance continues to be debated due to the pseudonymous and geographically distributed nature of Bitcoin mining.

BitFuFu, a prominent player in the crypto mining sector, announced the launch of BitFuFu Pool, its private-label Bitcoin mining pool. With a commission rate starting at 0.4%, this offering is targeted at institutional and retail miners seeking cost-effective solutions. BitFuFu Unveils New Bitcoin Mi...

Data from CryptoQuant showed that 25,367 BTC flowed out of miner wallets as Bitcoin approached $90,000 on Nov. 12.

Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October.

According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.

According to the latest data, the blockchain network Fractal Bitcoin continues to capture around 226 exahash per second (EH/s) of Bitcoin’s hashrate via merged mining. Additionally, Fractal Bitcoin’s native crypto asset, FB, achieved an all-time high (ATH) last week but has since dropped 61.9% below...

On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s Difficulty J...

On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per transaction by 7 p.m. EDT. Data collected from the day’s blocks revealed that a few fortunate bitcoin...

Up to 800,000 internet-connected databases could be vulnerable to crypto-mining malware that will use their computing capacity.