Wednesday, April 17, 2024
Home > Hash

BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next?BTC price action has held higher after spiking above $38,000 last week, but since then, a testing "micro-range" has left bulls and bears locked in battle.Whether a deeper retracement will come or

Read More

Bitcoin hash rates threaten blockchain decentralization

Blockchain technology was introduced in 2008 as a decentralized, secure, transparent system for managing digital transactions. Its primary aim was to provide a solution to major problems with traditional transactional systems, including trust, security, decentralization and efficiency. Blockchain has since expanded beyond finance and has been used in supply chain

Read More

Iris Energy to nearly triple hash rate with estimated 44,000 new BTC miners

Australia-based Bitcoin (BTC) mining company Iris Energy has revealed it will nearly triple its mining capacity with the addition of thousands of mining rigs.On Feb. 13 the firm said it purchased an additional 4.4 exahashes per second (EH/s) worth of Bitmain Antminer S19j Pro ASIC miners, bringing its self-mining capacity

Read More