News with the tag "hash power"

According to one expert, bitcoin currently needs to trade above $55,000 for miners to break even and $94,000 for them to return to profitability levels seen before the halving. To compensate for the revenue loss caused by the halving of Bitcoin’s block reward, miners are resorting to mergers or host...

Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan.

Ripple’s CTO, David Schwartz, challenges the notion that the name of Bitcoin and network owners are part of Bitcoin’s properties. He bases his criticism on the that whoever has the majority of hash power is entitled to the naming rights of cryptocurrency. David Schwartz on hash Power, Bitcoin’s iden...

Mining marketplace Lumerin was released Tuesday on the Arbitrum network.