Category: Mining

[ad_1] Bitcoin’s price has taken a hefty knock this week, dragging mining revenue down with it as the price per petahash sinks even deeper than April’s slump. Miners are feeling the squeeze from the tight pricing environment and the thin onchain fees tied to newly found block rewards. Bitcoin’s Mining Math Turns Brutal as Fees…

[ad_1] Bitcoin was holding court at $86,187 as of Nov. 24, commanding a robust market capitalization of $1.71 trillion. Over the past 24 hours, its trading volume surged to $69.40 billion, with the intraday price band stretching from $85,700 to $87,995—putting on quite the theatrical range for day traders and swing junkies alike. Bitcoin Chart…

[ad_1] According to the latest metrics, mining bitcoin has officially climbed into the runner-up spot for proof-of-work (PoW) profits, landing just behind the privacy coin zcash. ZEC Mining Profit Increases Network’s Computational Might The digital currency zcash (ZEC) has been a standout mover in recent times, and today the privacy coin tacked on 18.7% against…