Bitcoin Mining Difficulty Reaches a New Record
After the latest adjustment to the difficulty of Bitcoin mining that took place yesterday, the figure is up 13.55%.
After the latest adjustment to the difficulty of Bitcoin mining that took place yesterday, the figure is up 13.55%.
most miners refrained from selling cryptocurrencies in September. After the August reset, they switched to keeping them in their balance sheet.
The Russian government is exploring the possibility of supplying electricity to Kazakhstan for the needs of crypto mining companies.
Mining firm and provider of infrastructure solutions for cloud mining Compute North has filed for bankruptcy.
The Ministry of Finance and the Bank of Russia have recently approved the final version of the regulatory framework for individuals and legal entities involved in cryptocurrency mining.
The difficulty of mining BTC has increased by 3.45% and reached a record high of 32.05 T as a result of the latest recalculation.
According to Arcane Research experts, public mining companies are having a hard time due to the declining price of Bitcoin, rising electricity rates and the difficulty of mining. But none of them went bankrupt.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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