Bitcoin

Bitcoin Fees Under $1 Despite Transaction Congestion

Bitcoin Fees Under $1 Despite Transaction Congestion

Key facts: The number of waiting blocks decreased, but not the number of pending transactions. Educating about the use of Bitcoin is crucial so that users know what to do in times like these. Despite how congested Bitcoin has been since last Wednesday, March 11, the network’s commissions for making transactions have maintained an average …

Bitcoin Fees Under $1 Despite Transaction Congestion Read More »

A wave of thousands of transactions floods the Bitcoin mempoool, awaiting confirmation

blockchain.

Key facts: If no more transactions came in, it would theoretically take 22 hours for the miners to clear the mempool. Facts on Binance and Coinbase could have influenced, in part, the high volume of transactions. The Bitcoin network mempool is full with transactions waiting for confirmation since yesterday afternoon, Wednesday, May 11. There are …

A wave of thousands of transactions floods the Bitcoin mempoool, awaiting confirmation Read More »

Bitcoin miners row against the current: difficulty on the rise and profitability on the downside

Bitcoin hashrate.

Key facts: Bitcoin mining difficulty and hashrate hit all-time highs. The current hashprice of $0.12 TH/s/d is the lowest in the last 12 months. Bitcoin miners have not been overwhelmed by the low profitability of this activity currently and continue to increase their mining power, to the point of causing a new record in the …

Bitcoin miners row against the current: difficulty on the rise and profitability on the downside Read More »

You can import ASIC to mine Bitcoin without paying taxes in Brazil

Bitcoin miner.

Bitcoin (BTC) mining equipment will be exempt from paying import taxes in Brazil, one of the countries with the highest hash rates in the world. This was decided by the Ministry of Economy of that country through a commission. In the resolution No. 339 of the Executive Committee of the Chamber of Foreign Trade (GECEX), …

You can import ASIC to mine Bitcoin without paying taxes in Brazil Read More »

Bitcoin struggles to stay above $30,000 as US inflation hits 8.3% – DiarioBitcoin

Texas could raise funds through NFT and harness 'abundant' energy to mine Bitcoin

For Hannah Perez The leading cryptocurrency fell below $30,000 following the latest inflation report in the United States. *** Inflation in the United States continues to see gains as the cryptocurrency market tries to recover from a steep drop this week. The US Department of Labor public This Wednesday a new report reveals that inflation …

Bitcoin struggles to stay above $30,000 as US inflation hits 8.3% – DiarioBitcoin Read More »

“Underwater” Miners: How Does Liquid Cooling Help Bitcoin Mining?

"Underwater" Miners: How Does Liquid Cooling Help Bitcoin Mining?

A study shows that immersing Bitcoin mining hardware in cooling oil, to help them maintain an optimal temperature, has a series of benefits that make this activity more efficient and profitable. Liquid cooling is common in the field of computing and electronics and It consists of specially designed oils to dissipate heat from the hardware. …

“Underwater” Miners: How Does Liquid Cooling Help Bitcoin Mining? Read More »

Bitcoin mining profitability falls to 2020 lows, with prices in the red

Bitcoin mining profitability falls to 2020 lows, with prices in the red

The profitability of Bitcoin (BTC) mining is facing a crisis. Right now, a miner earns for his investment the same as at the end of 2020, an important year for earnings from the activity. This, as a consequence of the recent price drop of the cryptocurrency and the rest of the market. According to graphics …

Bitcoin mining profitability falls to 2020 lows, with prices in the red Read More »

What are the reasons in favor of activating BIP-119 in Bitcoin?

What are the reasons in favor of activating BIP-119 in Bitcoin?

The BIP-119 debate has had very strong critics against this Bitcoin update proposal, but also defenders who have publicly supported it. During this week in CriptoNoticias we were analyzing the arguments of the BIP-119 debate in two articles: one on the political aspects and the other on the technical arguments. In this article we will …

What are the reasons in favor of activating BIP-119 in Bitcoin? Read More »

Bitcoin Miners Forced to Comply with Stricter Rules in Kazakhstan

Ethereum 2.0 testnet splits due to bug

Key facts: The regulators request a series of documents from the company and the equipment to be used. The miners could move to Uzbekistan where solar-powered mining has been licensed. Bitcoin miners wishing to settle in Kazakhstan must comply with stricter procedures, now that the Ministry of Digital Development has made amendments to the order …

Bitcoin Miners Forced to Comply with Stricter Rules in Kazakhstan Read More »