Tag: bitcoin mining

Texan Bitcoin mining power demands could rise 5 times by 202...

Divya Khurana
Although the state is keen to become a global centre for Bitcoin mining operations, citizens are concerned that the power grid will be overloaded.

Bitcoin mining difficulty reaches second time as miners reso...

The issues related to mining of Bitcoin (BTC) took a toll after China declared a crackdown on mining operations which was at the top, regarding the three quarters of the global hashrate. The recent data from BTC.com says the present increase in Bitcoin’s mining difficulty beginning from June 17,2021.

How Does Bitcoin Mining Work?

Interest in cryptocurrencies is constantly growing. Bitcoin and many other coins are becoming increasingly popular. Therefore, in this article we will discuss the matter of bitcoin mining, which is one of the methods of obtaining digital currency. If you don't know what it is all about and how to start mining, this article is just for you!

Interesting facts about Bitcoin's energy consumption

After halving, which took place on 11 May, many miners disconnected their excavators from the network. According to the Digitomist, the energy consumption caused by bitcoin extraction fell by 24%.

Bitcoin's Hash Rate is slowly stabilizing. Fees are rising b...

Just before halving, Bitcoin's Hash Rate almost reached its new ATH. Unfortunately, shortly after halving (as expected by many analysts), drastic drops was recorded. According to data provided by blockchain.com, the 7-day average HR value of the BTC network increased for the first time since May 11th. Although small, as only 1% of the rebound may suggest a slow stabilization of this very important indicator.

Bitcoin mining - what is it?

Grzegorz Krztoń
Cryptocurrencies such as Bitcoin can be obtained in few different ways. Except buying them on markets, they can be mined. What is Bitcoin mining and how does that process runs? In this article you will find out everything about Bitcoin mining process and its profitability.