Tag: halving

Interesting facts about Bitcoin's energy consumption

Maciek
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 Fees are 850% up in One Month!

Maciek
After the third ever halving of bitcoin in history, bitcoin's transaction fees have increased by over 800% in one month!

Miners relying on Bitcoin fees after halving

Maciek
After the third halving week, the miners rely more on Bitcoin transaction fees because the block prizes were halved, what mean that miners' ravenue is much smaller than before.

Bitcoin price steady after halving. Is it calm before storm?

Maciek
Block 630,000 was excavated yesterday, and with this long-awaited event the third Bitcoin halving was performed. From now on, miners will only receive 6.25 BTC for every new block in the Bitcoin network.The price of bitcoin a few hours before halving has got into turbulence, but it seems that everything has calmed down, at least for now.

Finally we've got the halving! 630,000 blocks mined!

Maciek
The most awaited event in the crypto community finally happened. Bitcoin halving will reduce the daily supply, the inflation rate and the prize awarded to the miners. This is also the subject of serious discussions on the price of BTC.

Halving could be quicker than expected: 10 blocks in 47 minu...

Maciek
The median time of transaction confirmation decreased significantly on the day when halving bitcoin is estimated. If the rate will be kept, halving will take place earlier than expected.

Bitcoin transaction fees above $3 before halving

Maciek
It's less than a day left for bitcoin halving, and transaction fees are rising sharply. This shows that users are ready to pay more for their transactions to prioritize them and for more unconfirmed transactions.

How halving will affect mining? What analysts say?

Maciek
Block prizes will be halved on May 12th and many analysts are beginning to wonder how this event will affect the crypto market and the mining community.

Bitcoin's dominance highest since 20 January

Maciek
The price of Bitcoin has been rising all the time since the large drops recorded in mid-March. Following it, the vast majority of altcoins are also rising, which in total means a significant price increase. However, the dominance of bitcoin on the market is becoming more and more significant.