Stacks, a prominent layer-2 blockchain project built on top of Bitcoin, announced the successful activation of its Nakamoto upgrade on Tuesday.
Read MoreStacks, a prominent layer-2 blockchain project built on top of Bitcoin, announced the successful activation of its Nakamoto upgrade on Tuesday.
Read MoreRecent on-chain data reveals a significant rebound in Bitcoin's mining hashrate, suggesting that miners are expanding their operations despite recent market volatility.
Read MoreRecent data from IntoTheBlock reveals a promising trend for Bitcoin as the cryptocurrency network experiences a notable increase in daily new addresses. This uptick marks a significant reversal from earlier in the year when adoption levels had dipped to multi-year lows.
Read MoreRecent data reveals a surprising trend in the Bitcoin mining landscape: Chinese mining pools continue to control over 50% of the Bitcoin hashrate, despite China's ban on cryptocurrency mining in 2021.
Read MoreThe Bitcoin mining industry is facing a double whammy: a declining hashrate and a persistently bearish market. The hashrate, a measure of the processing power dedicated to securing the Bitcoin network, has plunged to its lowest level since early March, according to on-chain data.
Read MoreBitcoin miners, the backbone of the world's most popular cryptocurrency, are facing a period of increased difficulty. Recent trends like dipping Bitcoin prices and rising energy costs have squeezed profit margins. However, industry experts advise against hitting the panic button. Let's delve into the current climate for Bitcoin miners and explore why the future might not be as bleak as it seems.
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