The latest difficulty adjustment, effective at block height 808,416; reduced mining difficulty by 5.48%. In this overview, we’ll analyze the effects on mining and profitability. Bitcoin’s Total Hashrate When the market sentiment was mostly bearish, Bitcoin surprised everyone by surging past the $27,000 line in a matter of hours. As it usually happens…

We extend our heartfelt thanks to every participant of the Zealy (Crew3) Community Campaign. Riding on the success of our first campaign, this round showcased the unwavering passion, creativity, and commitment of our expanding community. Over these 90 days, our aim was clear: to foster growth, learning, and a deeper…

Data, trends, and insights in the Bitcoin mining industry — Key takeaways: Paxos overpays transaction fees by 479867x. Centralization getting worse? Foundry mines over 30% of all Bitcoin. Used ASIC miners trading at a discount. Paxos Pays the Most Expensive Transaction Fee in History Paxos recently made headlines for a significant error that led to an overpayment of $510,750 in a Bitcoin transaction fee.

The latest difficulty adjustment, effective at block height 806,400; reduced mining difficulty by 2.65%. In this overview, we’ll analyze the effects on mining and profitability. Bitcoin’s Total Hashrate It’s been a turbulent couple of weeks for Bitcoin, which erased all its gains after the excitement on Grayscale’s victory in court. Naturally, this price…

The latest difficulty adjustment, effective at block height 804,384; increased mining difficulty by 6.17%. In this overview, we’ll analyze the effects on mining and profitability. Bitcoin’s Total Hashrate After a brief period of relative stability, Bitcoin’s hashrate reached yet another all-time high. This shouldn’t come as a surprise, as it coincides with a…

Bridge your LMR to Arbitrum to enjoy higher transaction speeds and lower fees — Dear Lumerians, We’ve been truly amazed by the positive response to the Lumerin Hashpower Marketplace’s beta launch. A big thank you goes out to our community, who have stood by us since the inception. Your insights have been instrumental in refining our platform. In light of this commitment from the…

Data, trends, and insights in the Bitcoin mining industry — Key takeaways: A new wave of investments lands in the Bitcoin mining industry, showing a promising future. Hashrate becomes cheaper to acquire as ASIC miners’ prices drop. Bitcoin volatility is at its lowest point in years — the calm before the storm? Bitcoin Miners Raised Over $430M in Q2, 60% Higher Than Last Quarter Ten prominent public bitcoin mining companies have recently…

Data, trends, and insights in the Bitcoin mining industry — Key takeaways: Bitcoin’s sudden rally to $30K boosts mining profitability. Mining difficulty sees relative stability on its first <1% adjustment since February. Foundry, AntPool, and F2Pool increase their block count. Binance Pool claims 4th place. Mining Profitability Climbs as Bitcoin Surges and Hashrate Drops Bitcoin’s recent and unexpected surge in value earlier this week, propelling it to a noteworthy…

Dear Lumerians, Over the past few weeks, you have been a crucial contribution to the Lumerin Hashpower Marketplace development. Your opinions and feedback during beta testing have been crucial in improving the platform and providing a better experience looking to the mainnet launch. …