Cryptocurrency Mining
Ethereum developers decided to block ASIC mining
Ethereum developers have decided to take a new step in the fight against ASIC mining by introducing a new algorithm that will close access to the network for miners using ASIC equipment, leaving mining to those who practice cryptocurrency mining in the traditional way...
Ethereum will reduce energy consumption by 99%
From time to time you can hear claims that the Ethereum cryptocurrency uses too much energy during mining and is therefore inefficient and harmful to the environment. After repeated claims of this kind, Ethereum decided to switch to Proof-of-Stake...
Bitcoin mining difficulty has increased
On the night of January 1, the mining difficulty of Bitcoin rose by about 10 percent. At block 556416 it stood at 5.62 T. Similar figures were last recorded in October 2018...
Cryptocurrency Mining Has Become Unprofitable
Mining Bitcoin is unprofitable as of today, since the costs of mining this cryptocurrency have begun to exceed its exchange rate. Mining companies are reporting bankruptcy.
Another Drop in Bitcoin Mining Difficulty
On the night of Wednesday, December 19, the difficulty of mining Bitcoin fell by 9.5%, which increased the profitability of mining the cryptocurrency. At the beginning of winter, the mining difficulty of Bitcoin underwent the second largest drop in its entire history — by 15%...
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