Bitcoin Network Financial News

28.05 / 10:47

Blockchain Hash Rate Bitcoin Drop network Bitcoin Network Bitcoin network difficulty falls 4.3% to 29.897T, biggest drop in 10 months

The Bitcoin network witnessed a historic event on May 12 when the network difficulty attained its all-time high of 31.251 trillion as miners mined nearly 50,000 BTC of the remaining 2 million tokens.

14.05 / 11:13

Blockchain Hash Rate Lightning Network Bitcoin Mining Difficulty network Bitcoin Network ATH Bitcoin network fortifies as mining difficulty records ATH of 31.251T

Further distancing itself from any concerns of planned attacks on the blockchain, the Bitcoin (BTC) network established a new mining difficulty all-time high of 31.251 trillion — exceeding the 30-trillion mark for the first time in history.

10.05 / 07:31

Bitcoin network Bitcoin Network Bitcoin network transactions and fees surge amid investor de-risking

The number of transactions on the Bitcoin network has spiked over the past week, which blockchain analysis firm Glassnode suggests are ‘urgent’ transactions due to investors de-risking.

30.04 / 13:33

Blockchain BTC Markets Bitcoin network Time Bitcoin Network Bitcoin network difficulty breaks into a new all-time high of 29.794T

Reassuring its position as the most resilient blockchain network against attacks, the Bitcoin (BTC) network recorded a new all-time high network difficulty for the second time this month in April — jumping from its previous all-time high of 28.587 trillion to 29.794 trillion.

28.04 / 17:11

Hash Rate BTC Markets Bitcoin network Bitcoin Network record high Bitcoin network hash rate hit a new record high amid price volatility

The hash rate of the Bitcoin (BTC) network hit a new ATH, even when the price of the top cryptocurrency struggled to get past the $40,000 mark.

02.04 / 09:19

Blockchain Mining Bitcoin network Time Bitcoin Network Bitcoin network difficulty reaches all-time high as miners pursue 2M BTC

Just when the Bitcoin (BTC) miners helped release the 19th millionth BTC in circulation on Friday, the BTC network’s mining difficulty reciprocated by reaching an all-time high of 28.587 trillion.

28.02 / 12:47

Ban Beijing Bitcoin network Bitcoin Network Bitcoin network's carbon emission jumped 17% after China ban: Report

Bitcoin network’s proof-of-work mining consensus has been a topic of evironmental, social and governance (ESG) debates for a long time and a new study may only add to the growing controversy around BTC's carbon footprint.

21.02 / 15:13

markets Bitcoin Bitcoin Price network Bitcoin Network Bitcoin network activity down 30% from highs as 'tepid' demand mimics mid-2019

Bitcoin (BTC) is now seeing "tepid" demand just three months after hitting its latest all-time high, according to on-chain analytics firm Glassnode.

13.02 / 11:19

Blockchain Adoption Lightning Network Bitcoin network Time Bitcoin Network Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s

The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing the decentralized ecosystem through a growing network of global BTC miners.

01.02 / 09:15

business Research American Express Bitcoin network transaction volume Bitcoin Network Bitcoin Network Transaction Volume Surpasses American Express: Research

New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as American Express (AmEx) and Discover, during 2021.

06.01 / 00:49

Blockchain regulation Bitcoin Shuts Down network Bitcoin Network Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a result, the country's presiding cabinet resigned, but not before the state-owned Kazakhtelecom shut down the nation's internet, causing network activity to plunge to 2% of daily heights.

03.01 / 11:51

Blockchain Adoption Mining Bitcoin network Time Bitcoin Network Bitcoin network turns 13, celebrates with new hash rate all-time high

Today marks the 13th year since Bitcoin (BTC) creator Satoshi Nakamoto mined the genesis block or block 0 of the Bitcoin network, and for the first time mined a reward of 50 BTC back on Mon, 2009. Fast-forward to 2022, the BTC network shows no signs of slowing down by reaching a new all-time high hash rate of 207.53 million tera hashes per second (TH/s).

18.12 / 03:17

Blockchain ETH Twitter Bitcoin network Time Bitcoin Network Is it time to recognize the possibility of NFT development on Bitcoin network

The NFT mania that engulfed the cryptocurrency industry earlier this year is showing no signs of stopping anytime soon. Interestingly, this NFT sector helped in onboarding hordes of new users to the space. It also led to the growth of several rival blockchains such as Solana that are vying for Ethereum‘s top spot in the NFT games.

30.11 / 06:59

fees transactions Value Bitcoin network Bitcoin Network Bitcoin network settling an average of $95K for every $1 in fees

The Bitcoin network’s value settlement efficiency has been improving steadily recently, with more being settled for lower fees.

14.11 / 09:01

Blockchain Adoption privacy Bitcoin network Bitcoin Network BREAKING: The Bitcoin network welcomes Taproot soft fork upgrade

The Bitcoin (BTC) network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632. The milestone signifies the first major upgrade for Bitcoin since August 2017, which saw the launch of Bitcoin’s leading layer-two solution, the Lightning Network and Segregated Witness (SegWit).

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