Difficulty

Bitcoin’s 18 Millionth Coin Took 3935 Days to Mine (beincrypto.com) 10/21/2019 - 1:18am
Those in the cryptocurrency community have been celebrating the fact that miners have hit a milestone of 18 million Bitcoin mined since the asset’s inception . In its own form of celebration, the on-chain market intelligence company, Glassnode, shared some other 18 million-related insights on Twitter . 18 million #bitcoin have been mined until...
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Lump-Sum Bitcoin Purchase Gives 68 Percent Better ROI Than DCA (bitcoinist.com) 10/19/2019 - 7:00am
For those without the time, technical knowledge, or courage, to trade daily bitcoin markets, there are two simple investment strategies. These being lump-sum purchase and dollar-cost averaging (DCA) whereby the purchase is spread over monthly installments. Conventional wisdom might suggest that DCA should be the preferred route, smoothing out...
Bear, Bitcoin, bitcoinist.com, bitcoinist.com/feed, Difficulty, Equal, Market, ROI, Sense, Volatility
Altcoin Miners Are Leaving Networks Due to Low Fees (beincrypto.com) 10/18/2019 - 1:18pm
Miner fees for many of the leading altcoins are at dangerously low levels. Data shows that the combined revenue generated by those operating the computer systems securing different altcoins was just hundreds of dollars or less over the last 24 hours. The information was highlighted by Twitter user WhiteRabbit (@WhiteRabbitBTC). It shows that the...
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Strategies for AOFEX Digital Currency Financial Derivative NSO (coinspeaker.com) 10/17/2019 - 1:37pm
Coinspeaker Strategies for AOFEX Digital Currency Financial Derivative NSO Information determines decision-making, but details determine success or failure. That’s the main principle that should be applied to trading and in this article, we will explain to you how it works.JEX was recently acquired by Binance . After Binance’s announcement, JEX’s...
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Bitcoin (BTC) Miners Throw Out “Stale” Block (bitcoinist.com) 10/17/2019 - 7:00am
The Bitcoin network created a rare event – a block discovery happening by two pools at the same time. In theory, such an event could be the root of a hard fork. Highly Competitive Miners Co-Discovered a Block Bitcoin (BTC) did not go through a hard fork, but produced a rare event where two pools discovered the right block header at the same time...
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Binance Futures Platform Breaks $700 Million Daily Volume, Despite Bitcoin Lull (beincrypto.com) 10/16/2019 - 6:48pm
Bitcoin’s price has been showing significant bearish signs of late with the price of the coin struggling to make it very far above $8,000. However, on a more positive note, Binance’s recently-launched futures product has managed to have a record-breaking day this week. Unfortunately, the dire situation in which the Bitcoin market finds itself is...
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The Meta Transaction Flow – Biconomy (cryptonewmedia.press) 10/16/2019 - 6:47pm
Crypto New Media Press Building a meta transaction relayer network involves quite a few elements that need to be well defined and addressed as this space opens and developers realise the difficulty associated with user onboarding. As we receive feedback from the launch of our alpha Meta transaction SDK, which we call Mexa, we are continuously...
Alpha, Crypto, cryptonewmedia.press, cryptonewmedia.press, Difficulty, Network
Bitcoin’s 18 Millionth Coin Will Be Mined This Week (beincrypto.com) 10/15/2019 - 7:18pm
By the end of this week, the net volume of Bitcoin tokens available for mining will further shrink to only three million. That’s after the 18,000,000th token enters circulation in just about three days from now, marking an important milestone for the asset months before the next halving event. It took the Bitcoin network just over 10 years to...
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SpaceX and Bitcoin Both Aiming for the Moon in Q1 2020 (beincrypto.com) 10/14/2019 - 11:50am
The first three months of next year could be huge for both SpaceX — and, by inference, the price of Tesla stock — and Bitcoin. Both of them will be looking skywards in early 2020, with Elon Musk’s company teaming up with NASA for a first manned mission and Bitcoin’s mining reward getting cut in half . It was announced that SpaceX’s new Crew Dragon...
beincrypto.com, beincrypto.com, Bitcoin, Coin, Crypto, Difficulty, Halving, Mining, Mining Reward, Moon, Network, REKT, Stocks
EOS Price Uptrend Helps in Escaping from Bearish Trend (cryptonewsz.com) 10/14/2019 - 6:00am
EOS price bounces back to $3.14 with a high prospect of future upsurge. The last quarter seems to fill the past losses. The EOS price has always stood up to the traders’ expectations in the past. The current situation of the market is quite volatile. The same scenario often creates a huge difficulty for the … The post EOS Price Uptrend Helps in...
cryptonewsz.com, cryptonewsz.com, Difficulty, EOS, Market
Cost of Storing Bitcoin Increasing, Currently Estimated at 2.1% pa (bitcoinist.com) 10/14/2019 - 5:00am
There are a number of costs associated with using bitcoin and while it is still far cheaper than using traditional banks, they still need to be accounted for. Storage of the digital asset also has a cost and it has been rising . Bitcoin Storage Costs Escalating At the moment most people use centralized exchanges which profit from transaction fees...
Bear, Bitcoin, bitcoinist.com, bitcoinist.com/feed, Block, Bull, Carry, Centralized, Difficulty, Fiat, Halving, Market, Miners, Mining, Short, USD, Wallet
Blockchain Code Names: The Meaning Behind the Monikers (cryptobriefing.com) 10/12/2019 - 12:29pm
In the software world, code names are everywhere. You’ve probably noticed that Google names Android updates after desserts (at least, until the latest one), and you might remember when Apple named OSX releases after wild cats. If you’re a Linux fan, you probably know that Debian releases are named after Toy Story characters. Many blockchain code...
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Bitmain Announces New Antminer ASICs: Should You Get One? (blockonomi.com) 10/11/2019 - 9:11am
According to an official statement, Bitmain has just announced the impending release of the latest generation of Antminer ASIC mining devices. The new devices dubbed the S17+ and T17+ boast higher hash rates than previous generations alongside relatively comparable energy consumption rates. Both devices are expected to be available for purchase on...
ASIC, Bitcoin, Bitmain, Bitmain, blockonomi.com, blockonomi.com, Cash, Change, Close, Difficulty, Dominance, Hash, Long, Market, Miners, Mining, Network, Option
2 Key Indicators Show ETH, BNB Could Rally as Bitcoin Price Eyes $9K (cryptonewmedia.press) 10/11/2019 - 2:29am
Crypto New Media Press After several months of difficulty, many altcoins such as Ether (ETH), Chainlink (LINK) and Binance Coin (BNB) finally show signs of life on the charts providing hope for a new bull-run. As 2019 nears its end, Bitcoin price (BTC) looks back on an overall positive year. Crypto’s largest asset rose from $3,330 to $13,880 in...
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Ethereum’s Vitalik Buterin Shares Details of Transition to 2.0 After ‘Scam’ Calling (coingape.com) 10/11/2019 - 12:05am
Vitalik Buterin shares details of the state of ETH1 and ETH2 post-transition and how their states will be linked He says ETH1 will be valueless after transition and would eventually die out He added that the transition process will be smooth and “could even be engineered so that wallets that talk to clients via RPC do not need to change anything...
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Major South Korean Convenience Chain CU Embraces Bitcoin (insidebitcoins.com) 10/10/2019 - 9:40am
Cryptocurrency for retail is getting more adoption by the day, and this time, a retail giant in Korea is heralding the ease of access to crypto that citizens in the country have. According to a report published by local Korean news outlet Block In Press, CU, the largest convenience store chain in all of South Korea, is working on incorporating...
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BLOCKCHAIN-BASED FINANCING METHOD AND SYSTEM, AND STORAGE MEDIUM (patentscope.wipo.int) 10/10/2019 - 2:00am
A blockchain-based financing method and system, and a storage medium. The method comprises: when a target financing requester corresponding to a target edge node has a financing demand, log in to a blockchain information platform, and obtain financing information of the target financing requester from the blockchain information platform; the...
Blockchain, Difficulty, Node, patentscope.wipo.int, patentscope.wipo.int, Platform
Chinese Bitcoin Miners Migrate North After Wet Season (news.bitcoin.com) 10/09/2019 - 11:35pm
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan. Also read: RBI Ban...
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U.S Senators Want Visa, MasterCard, Stripe to Back Off Libra Project like PayPal (coinfo) 10/09/2019 - 1:35pm
Two Senators in the United States want Visa Inc., Mastercard Inc., and Stripe Inc., to back out of the Facebook’s Libra cryptocurrency project, just like PayPal did. According to a Bloomberg’s post on Wednesday, Senator Sherrod Brown of Ohio and Senator Brian Schatz of Hawaii issued a letter, warning the payment processing companies of possible...
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CCN Removes Paid Posts From Gold-Focused Crypto Project Karatbars (cryptobriefing.com) 10/07/2019 - 10:28am
Industry publication CCN has removed posts mentioning the gold-cryptocurrency project Karatbars, after it was revealed Florida’s financial regulators were investigating claims about establishing a ‘crypto bank’ in the state. The Norwegian-based CCN Markets, known simply as ‘CCN’, which has been covering crypto-related news since 2013, removed...
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BitCash (BITC) Has Forked Again, X16Rv2 GPU Mining Now Possible (cryptomining-blog.com) 10/06/2019 - 8:50am
A week ago there was a fork for the BitCash (BITC) project in order to switch to the new X16Rv2 PoW algorithm. Due to some issues however GPU mining ended up not working up properly, so only CPU solo mining was possible for a week and another fork was planned to fix the problem. Today the new fork has happened and the good news is that X16Rv2 GPU...
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Britain’s FCA Mulling Retail Ban on Crypto Derivatives to Protect Investors (newsbtc.com) 10/03/2019 - 6:00pm
The Financial Conduct Authority (FCA), Britain’s top financial regulator, has just concluded a consultation on crypto asset derivatives products. It believes that amateur traders using the products have little awareness of the risks involved. The FCA is considering a blanket ban on retail investors trading the products. The final decision is...
Bitcoin, Crypto, Cryptocurrency, Derivative, Difficulty, Exchange, Leverage, Market, NEWSBTC, newsbtc.com, newsbtc.com, Serve
METHOD FOR ADJUSTING MINING DIFFICULTY OF A CRYPTOCURRENCY BLOCKCHAIN SYSTEM BY MONITORING MALICIOUS FORKS AND IMPLEMENTING A MINERS BLOCKCHAIN (patentscope.wipo.int) 10/03/2019 - 2:00am
A modified mining algorithm of the conventional bitcoin system adopts, during some periods of time, a lower difficulty for proof-of-work (PoW) than the default difficulty of the conventional bitcoin system, while implementing a malicious fork detection mechanism to monitor the bitcoin blockchain during periods of reduced difficulty. The malicious...
Algorithm, Bitcoin, Block, Blockchain, Consensus, Cryptocurrency, Difficulty, Miners, Mining, patentscope.wipo.int, patentscope.wipo.int, Proof-of-Work, Proof-of-Work (PoW)
METHOD AND APPARATUS FOR ACHIEVING A TARGET TRANSACTION RATE IN A BLOCKCHAIN NETWORK (patentscope.wipo.int) 10/03/2019 - 2:00am
Various embodiments relate to a method and apparatus for achieving a target transaction rate, T, in a Blockchain network, the method including the steps of measuring and comparing a current transaction rate to the target transaction rate, T, and adjusting a difficulty-of-work parameter to achieve the target transaction rate, based upon a...
Block, Blockchain, Difficulty, Network, Node, patentscope.wipo.int, patentscope.wipo.int
F2Pool Bitcoin Mining Pool Predicts “Shutdown Price” (thecoinrise.com) 10/02/2019 - 2:37pm
Amid the recent bitcoin price crash, Mao Shixing, founder of F2Pool , currently the world’s largest F2Pool bitcoin mining pool, published a list of the “shutdown price,” below which cryptocurrency mining machines have to be shut down due to lack of profitability. According to Mao, at the current mining difficulty, older mining models including...
Bitcoin, Cryptocurrency, Difficulty, Gains, Hash, Important People, Miners, Mining, Mining Pool, Network, thecoinrise.com, thecoinrise.com, Verge
F2Pool Predicts Bitcoin Mining “Shutdown Price” But Hash Rate Steady (bitcoinmagazine.com) 10/02/2019 - 11:45am
This article was originally published by 8btc and written by Lylian Teng . Amid the recent bitcoin price crash, Mao Shixing, founder of F2Pool, currently the world’s largest bitcoin mining pool, published a list of the “shutdown price,” below which cryptocurrency mining machines have to be shut down due to lack of profitability. According to Mao,...
Bitcoin, Bitcoin Magazine, bitcoinmagazine.com, bitcoinmagazine.com, Cryptocurrency, Difficulty, Gains, Hash, Miners, Mining, Mining Pool, Network, Verge
F2Pool Predicts Bitcoin Mining “Shutdown Price” But Hash Rate Steady (e-cryptonews.com) 10/02/2019 - 11:45am
This article was originally published by 8btc and written by Lylian Teng . Amid the recent bitcoin price crash, Mao Shixing, founder of F2Pool, currently the world’s largest bitcoin mining pool, published a list of the “shutdown price,” below which cryptocurrency mining machines have to be shut down due to lack of profitability. According to Mao,...
Bitcoin, Cryptocurrency, Difficulty, e-cryptonews.com, e-cryptonews.com, Gains, Hash, Miners, Mining, Mining Pool, Network, Verge
Bitcoin Hash Rate Heading to 100 EH/s: How Price, Halving and Security Are Involved (bitcoinmagazine.com) 10/02/2019 - 11:24am
This article was originally published by 8btc and written by Vincent He . Computing power does not determine the price of cryptocurrency — on the contrary, the price of cryptocurrency affects computing power. Recently, there has been a heated discussion about Bitcoin’s hash rate with many people looking forward to seeing it break 100 exahashes per...
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Japan’s FSA Set To Update Crypto Trust Related Regulations, Top Firms Form STO Self Governing Association (insidebitcoins.com) 10/02/2019 - 6:35am
Japan is one of the countries that have created robust frameworks for the cryptocurrency industry. There are several crypto related businesses that have received regulatory approval to conduct their business in the country. Several Japanese citizens engage in crypto trading as the number of exchanges operating in the country continues to grow. The...
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Bitcoin Network Experiences Slowest Block in 5 Years (thecoinrise.com) 10/01/2019 - 6:26pm
The (BTC) Bitcoin network produced an unusually slow block, taking 119 minutes to discover the block number. The anomaly is happening despite the record activity of miners. Slow Block May Be a Statistical Anomaly on Bitcoin Network The Bitcoin network has a 10-minute block schedule, and so far keeps within the predetermined time, with only small...
Bitcoin, Bitcoin Cash, Bitcoin Cash, Block, Cash, Consensus, Cryptocurrency, Difficulty, Long, Miners, Mining, Network, thecoinrise.com, thecoinrise.com
Leak of Facebook Internal Sessions Reveal Early Strategy for Libra Crypto (thecoinrise.com) 10/01/2019 - 4:14pm
Newly leaked audio from Q&A sessions between Facebook’s CEO and employees has revealed Facebook’s early strategy for Libra Crypto launch. On Oct. 1, tech news site The Verge published audio and text from two internal meetings held at Facebook in July. Along with major topics such as Facebook’s potential breakup by regulators, Mark Zuckerberg...
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Why This Billionaire is Skeptical of Bitcoin & Crypto (ethereumworldnews.com) 10/01/2019 - 4:10pm
Crypto Assets Aren’t Viable Crypto assets have been lauded as the future by many Silicon Valley technologists and investors. They believe that this new asset class holds the keys (pun intended) to unlocking another round of technological innovation. However, not everyone in the upper echelons of Corporate America has caught onto this trend. Mark...
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German Bank Predicts $90,000 Bitcoin as Halvening Hardens BTC (beincrypto.com) 10/01/2019 - 8:28am
BayernLB, a bank based in Munich, Germany, has produced a report on Bitcoin’s hard monetary policy versus those of various precious metals. Acknowledging Bitcoin’s halving schedule as unique in monetary assets, the bank makes a prediction of $90,000 per BTC following next year’s further restriction of supply . The recently published research paper...
beincrypto.com, beincrypto.com, Bitcoin, Block, Block Reward, Cryptocurrency, Difficulty, Germany, Gold, Halving, Market, Metal, Network, Precious Metals, SIX, Stocks, USD
Bitcoin Network Experiences Slowest Block in 5 Years (bitcoinist.com) 10/01/2019 - 8:00am
The Bitcoin (BTC) network produced an unusually slow block, taking 119 minutes to discover the block number. The anomaly is happening despite the record activity of miners. Slow Block May Be a Statistical Anomaly The Bitcoin network has a 10-minute block schedule, and so far keeps within the predetermined time, with only small fluctuations. But an...
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Bitcoin Hash Rate Slows Uptrend as Fire Scorches Mining Farm (ethereumworldnews.com) 09/30/2019 - 7:40pm
Ouch, Crypto Mine on Fire While Bitcoin is a digital coin, it has a physical component: nodes and miners. A network of tens of thousands of mining machines constantly process transactions and place them into blocks, creating a chain. Due to their physicality, these machines are susceptible to risk. A “mega farm” recently found this out the hard...
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Mark Cuban: Bitcoin is at Best a Store of Value & Has No Inherent Value (blockonomi.com) 09/30/2019 - 10:06am
Billionaire Mark Cuban has long kept his eye on Bitcoin. For a while now, the Dallas Mavericks owner has been discussing this market and getting involved, creating quite the buzz on Crypto Twitter at times. So unsurprisingly, when it came time for him to field questions from Twitter through WIRED Magazine’s “Tech Support” Youtube segment, people...
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Bitcoin Magazine Week in Review (bitcoinmagazine.com) 09/29/2019 - 6:25pm
Bitcoin Magazine ’s Week in Review brings you the most critical, interesting and popular news stories affecting Bitcoin this week. With New Exchange Features, Wallets Aren’t Just for Storing Bitcoin Anymore The functionality of cryptocurrency wallets has been rather limited to straightforward asset storage, with a few branching out to asset...
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Spam Attacks: Crypto Strategies For Surplus Transactions (cryptobriefing.com) 09/29/2019 - 11:06am
For years, Bitcoin and other blockchains have been targeted by spam transactions. These are small transactions, which in large numbers might threaten to congest a blockchain network and cause backlogs. Sometimes, spam transactions are part of a a denial-of-service attack, to prevent other users from spending on the blockchain. Other times the goal...
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CRYPTO DEV DIGEST: RealmX Gameplay Review, EOS Vote Buying, ProgPoW CTO Resigns (coinspice.io) 09/29/2019 - 10:47am
TL;DR: Crypto Dev Digest (CDD) is a regular column, documenting cryptocurrency development, highlighting the projects and persons working under the hood. Bitcoin Cash-based RealmX gets a thorough gameplay review. EOS creator claims to have solved vote-buying issues. Ethereum co-founder gives a tutorial on understanding PLONK. Where2Cash is moving...
Bitcoin, Bitcoin Cash, Bitcoin Cash, Cash, Change, Close, Coin, coinspice.io, coinspice.io, Crypto, Cryptocurrency, Dash, Decentralized, Difficulty, DigiByte, DigiByte, DYOR, EOS, Ether, Ethereum, Exchange, Lightning Network, Lightning Network, Long, Network, Portfolio, Protocol, Token, Wallet, WARP, Zero
Analyst: Bitcoin Hash Rate Drop “Never Took Place” (blockonomi.com) 09/27/2019 - 5:31am
Bitcoin hasn’t had the best of weeks. Since Sunday, the cryptocurrency has fallen in price by more than 20% . Due to the sudden nature of this move, investors sought to figure out potential catalysts. As reported by Blockonomi , Joe DiPasquale, the CEO of BitBull Capital, looked to the lackluster launch of Bakkt coupled with a rapid drop in...
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Daily Trending News and Market Sentiment: Bakkt Fakers, Lightning Milestone, Market Manipulators (bitcoinnews.com) 09/26/2019 - 12:30pm
Things have not changed too much in terms of the market situation since we took stock of the crash in our analysis yesterday . Bitcoin price has slightly climbed up, though, so that is a relief for those who were fearing further falls immediately. Some will believe however that this weak bounce just means we’re in for deeper retracements...
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