Since Bitcoin’s inception, network difficulty has grown from 1 to as much as 48.71 trillion hashes that a miner would theoretically need to generate to find the winning one. This means it is 48.71 trillion…
Last Week In Bitcoin: Billionaires, Texas, And Mining
Last Week In Bitcoin is a new segment covering the week that occurred in Bitcoin, with all the important bits and some analysis. Summary Despite what the charts and current price may say, last week was…
Visualizing Bitcoin’s Future Price Cycles With the Power-Law…
There’s a number of tools, charts, and models traders use to help them forecast bitcoin price cycles and our last article discussed leveraging the Golden Ratio Multiplier. The following editorial discusses another method of bitcoin…
Binance Smart Chain Faces yet Another Flash Loan…
Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the…
How Ethereum Could Power A CBDC, According To…
Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U.S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The…
Home Crypto Mining Spikes in Brazil Amid Record…
With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even…
India’s Central Bank RBI Confirms Crypto Banking Ban…
Indian central bank, the Reserve Bank of India (RBI), has officially advised banks that its banking ban circular is no longer valid as it was set aside by the country’s supreme court more than one…
Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch…
Bitcoin’s mining difficulty dropped this week at block height 685,440 and saw the largest negative drop of the year losing close to 16%. Overall the global hashrate has dropped around 2% since the price fell…
Five Signs That The Bitcoin Bottom Is In
Bitcoin price was slashed in half during the month of May, leaving today as the last day for bulls to make a stand and undo the worst monthly on record. Even if the blood stain…