As was somewhat to be expected, the recent block reward halving has an impact on the Bitcoin miners. All major pools are losing hashrate rapidly, although it is expected that things will return to normal fairly soon. When the Bitcoin block reward halved, profitability of mining operations took a hit. Bitcoin Miners are Turning off […]
One of the most anticipated events of 2020 within the cryptocurrency industry has taken place. Bitcoin underwent its third halving after AntPool successfully found block 630,000. Now, the rate of issuance of the flagship cryptocurrency has dropped by 50 percent. Consequently, miners will be rewarded 6.25 BTC per block for the next four years, which […]
A report compiled by non-profit research institute, dGen, has found that European crypto miners believe that the region’s higher electricity prices when compared...