Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,410,240,500,966.65
  • 24h Vol: $53,306,364,294.09
  • BTC Dominance: 56.56%

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ethereum’s-transition-to-proof-of-stake-yields-deflationary-results

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

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After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to […]

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Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened

Leave a Comment / All time high, Antpool, Average, Binance Pool, Bitcoin, block intervals, block times, Blockchain, Change, Crypto Hacked, Cryptocurrency, Decrease, difficulty, difficulty change, difficulty retarget, Eastern Time, EH/s, Ethereum, exahashes per second, F2Pool, Foundry USA, Hashrate, increase, last two difficulty increases, Mining, mining pool, Mining Pools, Percentage, prior, reprieve, slower-than-average, Statistics, Stealth Miners, total hashrate, Unknown Miners, ViaBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9 minutes 31 seconds. However, since

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Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase

Leave a Comment / All time high, Antpool, Binance, Bitcoin, block, Blockchain, Blocks, Change, coasting, computational, cost, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Exahash, F2Pool, Hashpower, Hashrate, Health, height, hot, increase, intervals, milestone, Mining, network, pool, power, previous, Price, production, record, Second, Statistics, top, Total, upswing, ViaBTC, world / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022. Network’s

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