The Bitcoin network uses a system called Proof-of-Work. Watch to learn how the expenditure of energy secures Bitcoin’s transaction record. 👀⚡️
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Related Posts
22
Feb
👽Does Foundry have too much Bitcoin hashrate?
Foundry Pool has nearing 40% of Bitcoin hashrate.
19
Jan
Bitcoin difficulty rises 10% to highest value ever
Bitcoin miners had less than 48 hours to enjoy Bitcoin’s 20% price hike as mining difficulty bit into rewards.
23
Mar
Bitcoin ASICs are getting cheaper
Prices for top ASICs are down anywhere between 15-20%.
Overview
10
Mar
Revisiting hashrate tokens one year on
If data from the past year is any indication, the perfect hashrate token doesn’t exist.
03
Mar
February Ethereum mining revenue stays above $1B despite price woes
Ethereum miners outpaced Bitcoin miners for a tenth consecutive month.
07
Jan
Kazakh Bitcoin miners power off as energy crisis deepens
Bitcoin mining pool API feeds immediately showed a drop in overall hashrate.
28
Dec
Only 10% of Bitcoin’s supply is left to be mined.
Does this mean that 90% of mining profits are behind us?