Markets News
To mine, or not to mine, that is the question. Professional Bitcoin miners discuss the nuance of BTC mining and whether now is a good time to get started.
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Bitcoin Block Size News
All transactions made with Bitcoin are recorded into a blockchain block, the size of which is 1 MB. Initially, there was no limit, but as Bitcoin’s technology spread into the public, there were a number of hacking attacks in 2010 and containing the storage size of a block was something that could help make blocks more sustainable and protected from them. When making transactions with a small amount of data, such as in case of creating a new block, users didn’t even notice the limit. Nevertheless, as a number of miners, sellers and buyers increases every day, problems due to the size of the blockchain are becoming more evident. Nowadays, some are considering expanding the Bitcoin block size. However, it will take miners much more time to create a new block and amending the code is a complex process, so such an improvement might take a lot of time and money.
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The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down.
10434 - News
A Glassnode report reveals that some major cryptocurrency exchanges are still holding despite being heavy consumers of Bitcoin block space.
2067 - News
Data from BTC.com estimates that the network will continue to grow stronger by attaining another all-time high in the next 12 days, with a network difficulty of 26.70 trillion.
23357 - Analysis
This upgrade focuses on the expansion of the Bitcoin network’s smart contract capabilities and improves privacy on the network.
21230 - Altcoin Watch
Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash doubled as altcoin forks have started to gain traction.
63865 - Explained
Why do blockchains need transaction fees — and which networks allow crypto to be transferred less expensively? This explained article takes a look.
64 - Interview
Can Bitcoin's network handle mainstream adoption?
7107 - Explained
The block size debate is among the most contentious discourse in Bitcoin, having spawned numerous community rifts and contested proposals.
1276 Bitcoin’s scaling crisis was one of several things Satoshi and earlier Bitcoiners never anticipated. Here’s how that 1 MB blocksize limit got put there.
58471A Bitcoin fork means a “likely” loss of value, an investment source has said, regardless whether it is hard or soft.
26266Lightning Network payment channels will likely only compete with traditional processors when worth over $150, Ryan X. Charles has calculated.
11076Detractors are coming out among members of Barry Silbert’s SegWit activation meeting, including Bitcoin.com’s Roger Ver.
13699Bitcoin scaling solution consensus has been reached among key industry players. SegWit and 2MB block size increase to be implemented.
26592Antpool, Bitcoin’s largest mining pool, has begun mining blocks supporting Bitcoin Unlimited, cementing deadlock in the scaling debate as transaction issues worsen.
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