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Bitcoin (BTC) mining difficulty adjusted downwards more than at any time since its 2018 price low on Nov. 8, data shows. As noted by entrepreneur and cryptocurrency commentator Alistair Milne on Monday, difficulty fell by around 7% after the network’s latest readjustment. Difficulty reveals Bitcoin network maneuveringMining difficulty refers to the
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An unknown Bitcoin Cash (BCH) miner was apparently in control of more than 50% of the token’s hash rate for 24 hours.The miner seemed to mine 73 blocks from 10 am Oct. 24 to 10 am Oct. 25, to which Twitter user Notgrubles responded that this is the reason
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Bitcoin (BTC) continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance.Hash rate hits all-time highs in OctoberData from monitoring resource Blockchain confirmed hash rate hit 114 quintillion hashes per second on Oct. 23. Bitcoin network hash rate
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The Bitcoin (BTC) network experienced fresh turbulence on Sept. 30 while evidence emerged of a fire destroying $10 million worth of mining rigs.A video of alleged Bitcoin miner fire emergesAccording to Marshall Long, one of the first active Bitcoin miners, mining company Innosilicon’s giant data center began burning on
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Ouch, Crypto Mine on FireWhile Bitcoin is a digital coin, it has a physical component: nodes and miners. A network of tens of thousands of mining machines constantly process transactions and place them into blocks, creating a chain.Due to their physicality, these machines are susceptible to risk. A “mega farm”
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Bitcoin’s hash rate has tumbled about 40% on September 23, which is a record. The crash remains unexplained and surprising, given that the hash rate used to move upwards and update the record high again and again.Bitcoin’s (BTC) network hash rate dipped a record 40% on Sept. 23, that pretty
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Photo: Tim Reckmann / FlickrBitcoin’s (BTC) network hash rate went over 102 quintillion hashes for the first time ever which is a historic milestone for the cryptocurrency.As the data show, on September 18, the hash rate reached its record of exactly 102.8 quintillion hashes.Hash rate explains the amount of
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Hash power on the Bitcoin network has been soaring since May of this year. In the last month alone, Bitcoin has gone from a hash rate of 63.79 million EH/s to 102.85 EH/s. This massive increase directly signals major interest in mining as the block reward halving approaches with less
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In recent news, Seed SX’s subsidiary Zero Hash announced that it will support derivatives transactions, thus opening the gates for institutions to clear derivatives on its platform.Seed CX is a cryptocurrency derivatives platform. Now with the help of its subsidiary Zero Hash, the company plans to offer bilateral crypto derivatives
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Zero Hash, a calculation and settlement agent and subsidiary of cryptocurrency platform Seed CX, has added support for derivatives.According to a press release published on Sept. 11, Zero Hash now allows the settlement of bilateral derivatives transactions and supports settlement functions for forwards.The newly released service provides collateral management
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