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Bitcoin hashrate hits all-time high, boosting network security
Oct 21, 2024
The blockchain realm is flourishing, the Bitcoin network hashrate has reached an unprecedented peak. On October 21, it soared to an all-time high of 769.8 exahashes per second (EH/s), demonstrating fortifying security for the world's pioneering blockchain network. Since 2021, the hashrate has been o
Ethiopia Emerges as Africa's Bitcoin Mining Powerhouse
Oct 10, 2024
Ethiopia is quietly transforming into a major Bitcoin mining hub on the African continent. The country's abundant hydropower resources are being harnessed to fuel a growing crypto mining industry. Ethiopian Electric Power (EEP) has allocated 600 megawatts (MW) to Bitcoin miners operating within the
Ancient Bitcoin Whale Awakens After Decade of Silence, Makes Staggering 7,222% Profit
Oct 07, 2024
Two long-dormant Bitcoin addresses have recently become active. These movements have caught the attention of cryptocurrency watchers. The transactions highlight Bitcoin's significant price appreciation over the past decade. Blockchain monitoring service Whale Alert reported the activity on social me
Bhutan’s Bitcoin Holdings Revealed: Buddhist Nation Mined $780M, Mostly With Hydropower
Sep 17, 2024
Bhutan, the tiny Himalayan kingdom known for its "Gross National Happiness" index, has a surprising new claim to fame. The Buddhist nation is secretly hoarding a massive Bitcoin fortune. Data sleuths at Arkham Intelligence have blown the lid off Bhutan's crypto stash. The kingdom owns a whopping 13,
Bitcoin Miners Double Down as Hashrate Hits Record High
Sep 10, 2024
Bitcoin's mining hashrate has hit a new all-time high. This comes despite the cryptocurrency's recent price slump. The move suggests miners are betting on a future rally. The hashrate measures the total computing power on the Bitcoin network. It's a key indicator of network health and miner confiden
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