Great Migration of Bitcoin Hashpower Sees 50% Of Miners On The Move – A Look At The Magnitude Of This Event On The Market
The largest drop in Bitcoin mining hash power in history – 38% to 49% in total was experienced last week. The event has so far seen 50% of cryptocurrency miners going offline or migrating from Chin... Read More
Bitcoin19/06/21 00:30 by Best Owie
How China Bitcoin FUD Is Lowering The Cost To Produce BTC
Bitcoin FUD out of China might be helping to lower the cost to produce BTC.
The news of the crackdowns on mining farms in China has rocked the market lately. Entire mining operations were shut down an... Read More
Bitcoin12/08/20 23:25 by Bernice Nyambura
Coinbase’s Bitcoin Batching Has Saved 75% in Fees and Reduced Daily Transactions By 95%
Bitcoin transaction batching, which combines many send requests into a single transaction on Coinbase, has saved over 75% in transaction fees, and in turn, reducing total daily transactions by 95%.
... Read More
As part of the design implemented by Satoshi Nakamoto, Bitcoin undergoes a halving after every 210,000 blocks to ensure that the block mining reward is reduced by half.
On 11 May 2020, the third h... Read More
Bitcoin11/05/20 23:30 by Brenda Ngari
Bitcoin Now Has A Lower Inflation Rate Than Gold After Successfully Undergoing Its Third-Ever Halving
The block reward halving for the pioneer cryptocurrency, which was definitely the most awaited event this year has finally taken place. As a result, the rate at which new bitcoin’s are minted has j... Read More