Wednesday, May 8, 2024
Home > Expected (Page 9)

Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate – Mining Bitcoin News

According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official, Costa Samaras, said if

Read More

Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower – Mining Bitcoin News

While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price per

Read More

Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop – Mining Bitcoin News

Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at 235 exahash per second (EH/s), the network is

Read More

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments – Regulation Bitcoin News

The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed

Read More