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Mining - The Urban Mine

Category: Mining

Bitcoin mining difficulty expected to reach new all time high

Bitcoin’s (BTC) mining difficulty will reach a new all-time high by 8:21 PM GMT on Sept. 13, as Glassnode data analyzed by CryptoSlate predicts a 3.5% increase within the next few hours. Bitcoin: Mining Difficulty (Source: Glassnode) The mining difficulty refers to how difficult it gets for miners to validate transactions on the network. The

Ethereum Proof-of-Work fork set to launch 24 hours post-Merge

Ethereum proof-of-work hard fork will launch 24 hours following the Merge on September 15, according to a Twitter thread published by ETHW. ETHW Core Announced the Plan for Mainnet#ethereum #ethw #ethereummerge #ethereumfork $ethw $eth #ethpow 1/n pic.twitter.com/cnYOW6l1iU — EthereumPoW (ETHW) Official #ETHW #ETHPoW (@EthereumPoW) September 12, 2022 ETHW is the team behind the Ethereum PoW

Here’s why miner capitulation is actually good news for Bitcoin

Bitcoin’s highly volatile price has devastated the majority of the crypto market and is now dragging miners down with it. While often considered the foundation of the Bitcoin network and its most resilient players, miners are suffering from rapidly decreasing profit margins. Bitcoin mining difficulty currently stands at just 1% below its all-time high and

White House releases report on crypto mining effect on environment

The White House has proposed that the crypto mining industry have some standards to mitigate its environmental effects. In a report titled Climate and Energy Implications of Crypto-assets in the United States, the White House called for standards like miners using clean energy and the need for low energy intensities. The report is a result

Ethereum Classic falls 13%; Cardano founder recommends Ergo for POW

Ethereum Classic (ETC) fell by 13.33% since Sept. 6 after Cardano‘s (ADA) founder Charles Hoskinson suggested Ethereum miners shift to Ergo while Ethereum’s founder Vitalik Buterin said that ETC’s welcoming community made it a good coin to mine. ETCUSD ETC had been trading as high as $41.52, but it fell by 19.73% within half a

Bitcoin mining difficulty rises by over 9%, highest since January

Bitcoin (BTC) mining difficulty has spiked by 9.26% to 30.98 trillion at block height 751968,  the highest since January 2022, according to Glassnode data. Source; Glassnode The metric suggests more miners are joining the network despite the relatively poor performance of the asset in August. Bitcoin mining difficulty is a metric used to measure how

Study shows 62% of Bitcoin network is zero-emission

A recent study from Bitcoin research company Batcoinz revealed that the Bitcoin network’s zero-emission impact has increased by 41% since last March and reached up to 62%, while the usage of carbon-negative sources creates a -4.2% impact on the Bitcoin network’s carbon emission. The term carbon-positive indicates that an energy source releases carbon while providing

Largest Ethereum mining pool opens up staking ahead of the Merge

Ethermine, the largest Ethereum mining pool in the world, has announced the launch of a staking service on its platform. In an announcement published earlier today, the company said that Ethermine Staking will enable users to earn interest on their ETH as if they were staking it, without having to put down the 32 ETH