Mining difficulty adjustments are made by comparing the standard time it should take to find 2,016 blocks of transactions on the Bitcoin network to the time it took to find the last 2,016 blocks. Keep in mind that the accepted block time is 10 minutes. Therefore, the expected time for mining 2016 blocks is 20,160 minutes (that is, 2016 X 10 minutes). Source link
Read More »Yearly Archives: 2022
First Mover Americas: Bitcoin Downtrend Intact, Recession Fears May Weigh – CoinDesk
“Look at the massive flattening in the 2y10y – it’s signaling that the [Federal Reserve’s] ability to engineer a soft landing is quite narrow,” David Duong, head of institutional research at Coinbase, said, referring to the two-year/10-year Treasury bond spread. “Plus, there’s still a large risk that inflation could remain high and sticky, even with the base effects that could kick in. It’s not immediately clear to me that a terminal rate [peak rate of the tightening cycle] of 2.375% would… Source link
Read More »The mission to teach 100M people about Bitcoin by 2030
Dušan Matuska is — among many other things — a Bitcoin educator and consultant. The Slovak’s dream is to educate 100 million people about Bitcoin by 2030 through talks, podcasts, webinars, workshops and even a Bitcoin education center in a far-flung destination (plans are currently under wraps). Alongside his Bitcoin teaching aspirations, he assists on a small-scale Bitcoin mining facility in Slovakia, he co-founded the crypto café known as Paralelni Polis in the country’s… Source link
Read More »Is Bitcoin Really Anonymous? – CNET
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Read More »Bitcoin Consolidates, Ethereum Continues Run
Bitcoin (BTC/USD) Analysis Key Highlights BTC’s price is in the consolidation phase between $45,850 and $34,324 with a bullish bias. The pair is trading within a symmetric triangle. Technical Analysis Intraday trend – Bullish On the daily chart, the pair is trading above Tenken-sen ($40,079), Kijun-sen (39,828), and below Ichimoku Kumo cloud ($41,030). It hits a high of $40,957 at the time of writing and is currently trading around $40,769. Major support is seen at $39,485. A drop below this level… Source link
Read More »Ethereum’s Vitalik Buterin Is Worried About Crypto’s Future
In a few minutes, electronic music will start pulsing, stuffed animals will be flung through the air, women will emerge spinning Technicolor hula hoops, and a mechanical bull will rev into action, bucking off one delighted rider after another. It’s the closing party of ETHDenver, a weeklong cryptocurrency conference dedicated to the blockchain Ethereum. Lines have stretched around the block for days. Now, on this Sunday night in February, the giddy energy is peaking. … Source link
Read More »Miners that hodl the most Bitcoin are ‘relentlessly expanding’
Bitcoin (BTC) miners are holding more and more Bitcoin while “relentlessly expanding” their operations in 2022. A report by Arcane Research indicates that publicly listed Bitcoin miners are “constantly looking for expansion opportunities,” as they “plan to increase hashrate faster than the whole network in 2022.” Publicly listed Bitcoin miners projected hashrates. Source: Arcane Research 44.95% of the global hash rate derives from North American miners, according to the latest… Source link
Read More »The Biggest Bitcoin Fund Trades at a Discount to Its Bitcoin Holdings. Why Only the SEC Can Solve This Problem.
SEC Chairman Gary Gensler Evelyn Hockstein-Pool/Getty Images Text… Source link
Read More »Bitcoin hovers around $40,000 after winning streak snapped
Coin Stories podcast host joins ‘Cavuto: Coast to Coast’ to discuss economic strategies involving crypto currency as interest rates continue to rise. Bitcoin is trading above $40,000 after a day that saw its three-day winning steak snapped. The cryptocurrency is off more than 2% month-to-date and down 12% year-to-date. The European Union’s securities, banking and insurance watchdogs issued a warning about cryptocurrencies this week. Consumers risk losing all their money invested in… Source link
Read More »Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million – Featured Bitcoin News
On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point to February 26, 2022, as the time in history when the “Petro Dollar / Euro Dollar monetary system” ended. Speculation Concerning an Independent International Monetary and Financial System Free From the… Source link
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