Current estimates show the next Bitcoin difficulty retarget could drop anywhere between 6.13% to 10% lower.
The onchain analytics firm Glassnodeabout how the bitcoin mining sector and industry is “under immense financial stress,” while announcing a mining report the firm published with Cryptoslate.
“What we find is that [bitcoin] miners are distributing around 135% of mined coins,” Glassnode said. “This means miners are dipping into their 78K [bitcoin] strong treasuries.” During the latter half of the year, publicly-listed mining operations have disclosed that they have been sellingAt the time of writing at 7:30 p.m. , Foundry USA’s three-day hashrate is around 60.66 EH/s, which represents 25.45% of the global hashrate.
Foundry’s hashrate is followed by Antpool, F2pool, Binance Pool, and Viabtc respectively. Between all five pools over the last three days, the top five mining pools were able to discover 315 blocks out of the 385 total.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dell XPS 13 2-in-1 vs. XPS 13 vs. XPS 13 Plus | Digital TrendsDell's 13-inch XPS lineup has expanded, with three solid choices in the XPS13 2-in-1, the XPS 13 9315, and the XPS13Plus. Which one is right for you?
Read more »
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective – Mining Bitcoin NewsMayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state.
Read more »
Bitcoin mining stock report: Monday, November 28Here's how crypto mining companies performed on Monday, Nov. 28.
Read more »
College football Week 13 report card: Cincinnati, Clemson home streaks come crashing downHome was where the disappointment was for Cincinnati and Clemson, the two teams that had the nation’s longest home winning streaks. ScoobAxson explains in this week's college football report card.
Read more »
Misery Index Week 13: Ryan Day's position feels tenuous after Ohio State's loss to MichiganDoes Ohio State's Ryan Day enter the 2023 season on the hot seat after another brutal loss to Michigan? DanWolken gives his opinion in this week's Misery Index.
Read more »
NASA Artemis I – Orion Spacecraft Surpasses Apollo 13 Record Distance From EarthOn day 11 of the Artemis I mission, Orion continues its journey beyond the Moon after entering a distant retrograde orbit on Friday, November 25, at 3:52 p.m. CST. Orion will remain in this orbit for six days before exiting lunar orbit to put the spacecraft on a trajectory back to Earth for a Sunday
Read more »