Bitcoin Mining News

Bitcoin mining is a peer-to-peer process of adding data into Bitcoin’s public ledger in order to verify and secure a contract. Groups of recorded transactions are gathered in blocks and then added into the Bitcoin blockchain. Bitcoin mining requires a lot of resources to protect the network from the possibility of altering past transaction data by making all attempts in changing blocks inefficient for the intruder. Bitcoin mining is rewarded by the network through transaction fees and subsidies of new coins to encourage miners to spend their resources on mining new Bitcoin blocks. As Bitcoin mining is increasingly difficult, it has become impossible to attempt mining as an individual. As a result, most Bitcoin mining is being done by mining pools, which include several participants sharing their reward. Bitcoin mining is controversial, as it is a great tool for securing transactions but complicating the scaling of the network. 

News
But with Bitcoin demand on the rise, can we expect more scarcity?
Only 2.5 million Bitcoin left to mine
Ting Peng
2020-09-27T20:21:00+01:00
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Bitcoin experienced two massive mining difficulty adjustments recently. Is this something to be concerned about?
Is a Bitcoin ‘death spiral’ imminent following yesterday’s massive difficulty adjustment?
Michael Kapilkov
2020-09-21T20:09:17+01:00
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North America now has its own Bitmain repair center.
This crypto mining operator was named Bitmain’s sole North American cooperative repair center
Felipe Erazo
2020-09-17T16:09:00+01:00
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It seems that the private sector is not satisfied with the country’s local fiat money.
Iran’s crypto mines could be used to help fund car imports
Felipe Erazo
2020-09-14T19:15:00+01:00
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Mining operations in China were not adversely affected by the heavy rains.
Bitcoin hashrate remains strong during monsoon season
Turner Wright
2020-09-11T01:34:23+01:00
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"In Bitcoin we trust", say miners unfazed by the market.
'Struggling' Bitcoin sets a new all-time hashrate record, breaking the 150 TH/s plateau for the first time
Michael Kapilkov
2020-09-08T22:12:10+01:00
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Layer1's plan to sell excess power back to Texans has resulted in 700% profits
‘We’re getting paid to produce Bitcoins’ reveals Texas BTC miner
Turner Wright
2020-09-02T01:59:36+01:00
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We may not know who Satoshi Nakamoto was, but at least this is one mystery we think we can solve.
Mysterious Bitcoin mining pattern potentially solved after seven years
Michael Kapilkov
2020-08-31T19:19:00+01:00
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