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CATEGORY: block reward


Mar 06, 2024 05:50

Mega Whale Resurfaces: 1,000 Vintage Bitcoins From 2010 Moved as BTC Peaked at $69,210

On March 1, 2024, an infamous and vast bitcoin mega whale moved 2,000 vintage bitcoins from 2010 and now, four days later, on March 5—the day bitcoin hit its peak value of $69,210 per coin—the same entity transferred another 1,000 bitcoins from 2010. 2010 Bitcoin Whale Moves Millions as Prices Peak This prominent whale, known [...]

The post Mega Whale Resurfaces: 1,000 Vintage Bitcoins From 2010 Moved as BTC Peaked at $69,210 appeared first on Crypto Breaking News.

Mar 22, 2024 05:50

Bitcoin Miners on the Brink of Surpassing February Earnings as 2 Difficulty Adjustments Loom

Bitcoin miners face two additional difficulty adjustments before the network’s halving event, which is rapidly approaching, with less than 4,300 blocks remaining. Data indicates the total hashrate has recovered from a minor dip, suggesting miners might see a decrease in difficulty at the next adjustment, set for on or around March 28, 2024. With the [...]

The post Bitcoin Miners on the Brink of Surpassing February Earnings as 2 Difficulty Adjustments Loom appeared first on Crypto Breaking News.

Mar 03, 2024 05:55

Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline

In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from onchain transaction fees. The revenue from bitcoin mining in February rose by $40 million compared to January, though the amount collected from fees saw a decrease this month. Bitcoin’s Hash Price Breaks [...]

The post Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline appeared first on Crypto Breaking News.

Mar 11, 2024 05:50

The Tale of the Mysterious 2010 Bitcoin Whale: A Pattern of Consistent Liquidation Uncovered

Onchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen years. However, what many may not realize is that this sequence of block reward disbursements from 2010 isn’t a new activity for this particular whale, [...]

The post The Tale of the Mysterious 2010 Bitcoin Whale: A Pattern of Consistent Liquidation Uncovered appeared first on Crypto Breaking News.

Mar 02, 2024 05:50

Satoshi Era Mega Whale Stirs, Shifts a String of 2,000 Vintage Bitcoins in a Single Block Worth $123M

Around 88 days ago, on Dec. 4, 2023, a mysterious mega whale, closely watched by onchain analysts at Bitcoin.com News, made waves again by transferring 2,000 ancient bitcoins from 2010 that was confirmed in a single block. Since March 2020, this entity has relocated a whopping 16,000 bitcoins that had been dormant since the day [...]

The post Satoshi Era Mega Whale Stirs, Shifts a String of 2,000 Vintage Bitcoins in a Single Block Worth $123M appeared first on Crypto Breaking News.

What Is Bitcoin’s Fee-To-Reward Ratio?

Author: Prasanna Peshkar
Germany
Jun 25, 2023 10:45

What Is Bitcoin’s Fee-To-Reward Ratio?

This article will dive deep into what exactly the Bitcoin's fee-to-reward ratio is, its implications, and how it affects Bitcoin miners.

May 22, 2023 10:30

Dormant Bitcoin Wallet From 2010 Makes Rare Transaction on 13th Anniversary of Bitcoin Pizza Day

As bitcoin enthusiasts commemorate Bitcoin Pizza Day, marking the 13th anniversary of Laszlo Hanyecz’s acquisition of two pizzas for 10,000 BTC on May 22, a dormant sleeping bitcoin wallet from July 2010 has made a transaction of 50 BTC after almost 13 years. Bitcoin Wallet From 2010 Comes Out of Hibernation on Bitcoin Pizza Day [...]

The post Dormant Bitcoin Wallet From 2010 Makes Rare Transaction on 13th Anniversary of Bitcoin Pizza Day appeared first on Crypto Breaking News.

Apr 21, 2023 10:30

Bitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013

Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129 bitcoins in 2012 and 2013, has transferred 464 bitcoins worth $13 million for the first time in nine years. 464 Bitcoin Move From an Old [...]

The post Bitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013 appeared first on Crypto Breaking News.

Mar 13, 2023 06:55

Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000


A solo Bitcoin miner successfully mined the 780,112th block in the Bitcoin blockchain, earning a block reward of 6.25 BTC worth over $150,000. The miner was able to produce a valid hash after just two days of mining, a rare occurrence that typically takes solo miners months to achieve. The miner may have rented hashing power to produce the output hash, and they used the Solo CK Pool mining service to create a solo mining pool. (Read More)

Nov 29, 2022 01:20

Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction

Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10% lower. Presently, the difficulty change looks as though it could be 2022’s

The post Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction appeared first on BTC Ethereum Crypto Currency Blog.

Feb 27, 2024 05:50

Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike

Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the year’s most significant difficulty escalation of 8.24%, which occurred on Feb. 15. The upcoming adjustment is predicted to record a reduction of 2.5% to 3%, as block time intervals extend beyond the [...]

The post Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike appeared first on Crypto Breaking News.

Jun 15, 2023 10:30

50 Dormant Bitcoins Worth $1.25 Million Wake Up After 12-Year Slumber

A dormant Bitcoin address holding 50 Bitcoin, valued at approximately $1.25 million, suddenly sprang to life on June 15 after being inactive since June 21, 2010. This month has seen only one 2010 block reward transfer, with the previous two taking place on May 22, 2023. $1.25 Million in Bitcoin Moves After a Decade of [...]

The post 50 Dormant Bitcoins Worth $1.25 Million Wake Up After 12-Year Slumber appeared first on Crypto Breaking News.

Aug 13, 2023 05:50

Unidentified Miners, F2pool Lead All-Time Bitcoin Mining Rankings: A Comprehensive Review of Bitcoin’s Historic Block Discovery

Since the inception of the Bitcoin blockchain by Satoshi Nakamoto, the network has diligently processed in excess of 800,000 blocks. An examination of data from 99 distinct mining pools, spanning the previous 14 years, reveals that unidentified mining participants discovered 28.37% of the network’s total blocks. Trailing not far behind, F2pool secures the second position, [...]

The post Unidentified Miners, F2pool Lead All-Time Bitcoin Mining Rankings: A Comprehensive Review of Bitcoin’s Historic Block Discovery appeared first on Crypto Breaking News.

 Bitcoin halving birthday: 12 years of limited supply and milestones

Author: Cointelegraph by Helen Partz
United States
Nov 29, 2024 12:00

Bitcoin halving birthday: 12 years of limited supply and milestones

Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.

Jul 07, 2023 10:30

Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards

As we wrap up the initial six months of 2023, the Bitcoin network inches closer to a significant milestone — the impending block reward halving, which lies just under 300 days ahead. Projections indicate that this event is slated to take place between April 21 and 27, 2024, leading to a substantial reduction of 50% [...]

The post Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards appeared first on Crypto Breaking News.

Jul 03, 2023 10:30

Litecoin Surges in Value Amidst EDX Listing and Imminent Reward Halving, Enters Top Ten Rankings

During the past fortnight, the crypto asset litecoin (LTC) has surged over 40% against the U.S. dollar after the crypto exchange EDX announced the listing of LTC alongside three other prominent digital currencies. Additionally, Litecoin is on the verge of a reward halving, with only 30 days remaining until its block reward subsidy decreases from [...]

The post Litecoin Surges in Value Amidst EDX Listing and Imminent Reward Halving, Enters Top Ten Rankings appeared first on Crypto Breaking News.

Aug 02, 2023 10:30

Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4%

The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25 LTC. Thus far, the halving has not propelled LTC prices upwards as market data reveals LTC has declined over 4% in the past 24 hours. Halving Unshaken: Litecoin Network Sees [...]

The post Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4% appeared first on Crypto Breaking News.

Jul 02, 2023 01:20

June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags

Over the past 30 days, bitcoin miners discovered 4,324 block rewards during the month of June, with approximately 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved two milestones in June, as the network reached an all-time high in hashrate on June 11, and three days later, on June 14, the mining difficulty

The post June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags appeared first on BTC Ethereum Crypto Currency Blog.

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