Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,403,967,641,718.38
  • 24h Vol: $55,942,941,773.29
  • BTC Dominance: 56.52%

Miners

revised-bill-suggests-prison-time-for-russian-crypto-miners-evading-taxation

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation

Leave a Comment / bill, Bitcoin, Crypto, crypto assets, Crypto Hacked, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, declaration, Ethereum, fines, Legislation, Miners, Mining, penalties, prison, prison time, punishment, Regulation, reporting, Russia, russian, sentence, Tax, Taxation / / / , , , , , , , , , , , , , , , , , , , , , ,

A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced Labor Awaits Miners and Traders Who Operate Outside Law, […]

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Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

Leave a Comment / Bitcoin, Block reward, Blockchain, computational power, cost, Crypto Hacked, Cryptocurrency, cryptocurrency market, Decentralized, difficulty, Digital Currency, Economics, Ethereum, Fees, Finance, Global Hashrate, Hashrate, investment, market, Miners, Mining, Mining Pools, network, operations, participants, Profitability, Regulation, Speculation, Spot Price, Technology, trading, uncertainty / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to

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Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions

Leave a Comment / 3.96 MB, Average, Bitcoin, block sizes, Blockchain, Blocks, byte, chart, confirmation, Crypto Hacked, Cryptocurrency, data, Decentralized, Ethereum, Fees, GB, gigabytes, growth, Hype, MB, median, metrics, Miners, Mining, network, Network Fees, News, nft, NFTs, nodes, Ordinal inscriptions, Ordinal Trend, ordinals, Profitability, revenue, satoshis, Security, size, subsidy, terabytes, Transaction, trend / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an average

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Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners

Leave a Comment / Aksakov, bill, bills, Bitcoin, Crypto, Crypto Hacked, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, draft law, Ethereum, gray miners, illegal mining, Law, Laws, legalization, Legislation, liability, Miners, Mining, mining bill, mining law, Postponed, Regulation, Russia, russian / / / , , , , , , , , , , , , , , , , , , , , , , ,

The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption of Russian Crypto Mining Legislation Postponed Again A bill

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Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

Leave a Comment / Algorithm, Antpool, Binance Pool, Bitcoin, Bitcoin mining, Block Height, block times, Blockchain, BTC, BTC Mining, Crypto Hacked, Cryptocurrency, Decentralized, difficulty, difficulty increase, Digital Assets, Energy Consumption, Ethereum, F2Pool, Foundry USA, future, Global Hashrate, Hashpower, Hashrate, Innovation, investment, market volatility, Miners, Mining, network, Profitability, Proof of Work, Rewards, Scalability, Technology, transactions, ViaBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60

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Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times

Leave a Comment / adjustment, Antpool, Assets, Binance Pool, Bitcoin, Bitcoin mining, Blockchain, Blocks, BTC Mining, Crypto Hacked, Cryptocurrency, difficulty, Digital, Discovery, efficiency, estimate, Ethereum, Exahash, F2Pool, Foundry USA, Global, Hashes, Hashrate, increase, increase difficulty, investment, Miners, Mining, network, Pools, retarget, Security, speed, Technology, ViaBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block height 772,128. Next Bitcoin Difficulty Change

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Bitcoin Network Experiences Slight Dip in Difficulty After Record High

Leave a Comment / 88.4%, 95.89 EH/s, All time high, Antpool, Binance Pool, Bitcoin, Block Height, block time average, block times, Cambridge University, computational power, control, Crypto Hacked, Cryptocurrency, Decrease, difficulty, EH/s, Ethereum, exahash per second, F2Pool, Foundry USA, Global Hashrate, Hashes, Hashpower, Hashrate, hashrate average, intervals, known mining pools, Macromicro.me, Mined Blocks, Miners, Mining, network, next difficulty retarget, operating, Top Five, top mining pool, two weeks, ViaBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respite for bitcoin miners, after the network recorded a 14.94% increase in the last month. Bitcoin Difficulty Drops 0.49% Lower; Top Five Mining Pools Continue

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Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown

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Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also taking measures to prevent imports of mining equipment. Abkhazia Creates Headquarters to Combat Illegal Crypto Mining Operations Police in Abkhazia are conducting daily raids to

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State-backed Crypto Mining Farm under Construction in Russia’s Buryatia

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A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver Building Large Data Center for Cryptocurrency Mining in Buryatia, Siberia A 100-megawatt

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Russia Expands Its Crypto Mining Capacity, Report Reveals

Leave a Comment / Bitcoin, Bitriver, capacity, Crypto, crypto farms, Crypto Hacked, crypto market, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, Ethereum, Miners, Mining, mining companies, mining farms, Mining Industry, mining operators, mining sector, recovery, Russia, russian, Sanctions / / / , , , , , , , , , , , , , , , , , , ,

The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major factors for the trend. Miners Prepare for Growth as Total

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