Bitcoin mining difficulty goes down first time in 8 months ...

In the last adjustment, bitcoin mining difficulty fell 3.1%, dropping to 158.4 billion. It has been constantly on increase since June 2015, growing by 231%.

The adjustment took place �on 5 March, after a tough period of slowing transaction speed and rising fees �in the bitcoin network. It may be one of the reasons for the reduced difficulty. Bitcoin mining difficulty is adjusted every 2016 blocks, based on the average time it took to mine the previous block, which normally should equal 10 minutes. If the block is mined quicker, the difficulty increases; if it takes more time, it drops. The period between the...

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Website: http://www.coinfox.info

Related topics : bitcoin mining difficulty increase / bitcoin mining difficulty 2015 / bitcoin mining difficulty / bitcoin mining company shares / bitcoin mining hardware companies

Mining BTC/BCH: Past, Present and Future – Bitcoin Tech Talk

Mining BTC/BCH: Past, Present and�Future

Many miners are clearly moving back and forth between Bitcoin and Bitcoin Cash in an attempt to maximize profits. What's going on and why is this happening? In this article, I examine what miners have been doing on each chain and what their motivations might be.

Mining Bitcoin

Miners are getting about 14 BTC every 8-15 minutes on Bitcoin. This includes...

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Website: https://bitcointechtalk.com

Bitcoin - BIP91 / Segwit / Hard Fork - "Official ...

Lets have a thread to discuss / panic the upcoming events with Bitcoin.

Countdown "clock":

https://xbt.eu/

As of 10:40am EST: 255 blocks until rejecting non-SegWit blocks.

What this sit shows is how many blocks are being sent over with the "signal" of the new standard, which is to be BIP91. Currently 95%+ of all blocks are coming out as this, which by calculation/speculation means that others...

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Date: 2017-12-30 09:07:42
Website: https://hardforum.com

Related topics : bitcoin difficulty adjustment period / how long will it take to get 1 bitcoin / current bitcoin difficulty and block reward / current bitcoin block difficulty / current bitcoin block size

Bitcoin Cash: Hard Fork Planned for Better EDA on Nov 13 ...

While the price of Bitcoin Cash was on the rise over the weekend, plans were consolidated to repair the broken difficulty adjustment with a hard fork on November 13. If the cryptocurrency aims to be taken seriously, this is needed badly.

On the weekend the price of Bitcoin Cash jumped from $320 to more than $460, or from 0.054 to 0.071 BTC. The massive rise was orchestrated by the growing...

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Website: https://btcmanager.com

Related topics : bitcoin cash fork 13 nov / bitcoin cash fork block / bitcoin cash fork 13 / bitcoin cash fork november / bitcoin cash mining difficulty

Bitcoin Cash: Hard Fork Planned for Better EDA on Nov 13 ...

While the price of Bitcoin Cash was on the rise over the weekend, plans were consolidated to repair the broken difficulty adjustment with a hard fork on November 13. If the cryptocurrency aims to be taken seriously, this is needed badly.

On the weekend the price of Bitcoin Cash jumped from $320 to more than $460, or from 0.054 to 0.071 BTC. The massive rise was orchestrated by the growing...

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Website: https://bitcoinschannel.com

Related topics : bitcoin cash fork 13 nov / bitcoin cash fork block / bitcoin cash fork 13 / bitcoin cash fork november / bitcoin cash mining difficulty

What is Bitcoin Cash? A Basic Beginners Guide - Blockgeeks

In this guide, we are going to be telling you about all the incidents that have led up to the creation of Bitcoin Cash. This is purely for educational purposes.

Bitcoin is, without a doubt, one of the most incredible innovations in the recent past. However, it has also come under a lot of criticism for its scalability issues which has given rise to a lot of debates which are politically as well...

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Website: https://blockgeeks.com

UK-Bitcoin

% Income Reduction:

Calculator

The calculator works out the expected income of the mining equipment for each individual day of the mining period.

Each of the parameters used in the calculation is supplied with default values but can be changed to any value you feel is more appropriate.

The core calculation used to calculate the bitcoins earnt per day is given below:

BTC = (H x B / D) x (60 x 60 x...

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Website: http://www.uk-bitcoin.com

Bitcoin Cash - Wikipedia

On July 20, 2017 Bitcoin Improvement Proposal (BIP) 91, aka Segregated Witness , activated. [5] [6] [7]

Some members of the Bitcoin community felt that adopting BIP 91 without increasing the block-size limit would simply delay confronting the Bitcoin scalability problem and that it favored people who wanted to treat Bitcoin as a digital investment rather than as a transactional currency. [8]...

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Date: 2017-12-19 17:03:32
Website: https://en.wikipedia.org

Bitcoin Cash - Wikipedia

Read in another language

Bitcoin Cash

Bitcoin Cash (BCH) is a hard fork of the cryptocurrency Bitcoin . The fork occurred on August 1, 2017. [3] Bitcoin Cash increased block size limit from one megabyte to eight megabytes. [4]

Bitcoin Cash

Forked on 1 August 2017; 4 months ago (2017-08-01)

Source

On July 20, 2017 Bitcoin Improvement Proposal (BIP) 91, aka Segregated Witness , activated. [5] [6]...

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Date: 2017-12-20 02:55:06
Website: https://en.m.wikipedia.org

How Bitcoin Mining Works – The Newbie Guide to Bitcoin

How Bitcoin Mining Works - The Newbie Guide to Bitcoin

In today's article, I will have a look at how bitcoin mining works and how coins get into circulation. If you missed our previous newbie article on What is Bitcoin, you can view it over here .

The short definition is: Bitcoins are "mined" into existence by miners using specialized hardware.

Bitcoin mining serves two purposes; first, it adds...

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Date: 2018-01-30 16:20:18
Website: http://sebfor.com

Queen Faucet - Bitcoin Cash

What Is Bitcoin Cash?

Bitcoin Cash (BCH/BCC) is a hard fork of the cryptocurrency bitcoin. The fork occurred on August 1, 2017.

On July 20, 2017, the bitcoin miners voted, 97% in favor, on the Bitcoin Improvement Proposal (BIP) 91. The proposal, by Bitmain Warranty engineer James Hilliard, was to activate Segregated Witness (SegWit).

Some members of the bitcoin community felt that adopting BIP 91...

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Website: http://queenfaucet.website

Bitcoin Mining Profit Calculator - Jason Blevins

Bitcoin Mining Profit Calculator

Projections incorporate difficulty growth and reward halving. Update the difficulty, mining, and market parameters below to recalculate the tables and charts.

Parameters & Assumptions

Also, don't miss the interactive charts below.

Output at Current Difficulty

Time per block (solo mining): 18.9 years

BTC

Avalon 6 (3.5 Th/s, 1050 W)

Cloud Mining at HashFlare :

SHA...

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Website: https://jblevins.org

USB Bitcoin Miner: is That Miners Still Profitable?

30BTC » Guides

The Evolution of USB Bitcoin Miner

Bitcoin is becoming more and more popular nowadays. Its price is about $800 today and it is an attractive asset to invest in. Nevertheless, mining is not such an easy deal as it seems. It's hard to mine a good amount of coins using a personal computer, Graphic Processing Units, or even ASICs that are actually made and dedicated especially for...

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Website: https://30btc.com

Bitcoin: The Digital Currency of the Future | Invest It Wisely

By Kevin

Ever since the dawn of the Internet and of the information age, writers and visionaries have visualized the disruptive changes that such technologies would eventually have on our lives; they have imagined futures where we spend more of our lives online than offline, and where ubiquitous access to technology and connectivity would be a strong decentralizing force, placing power in the...

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Website: http://www.investitwisely.com

Bitcoin Cash Booms, Ether Metropolis Looms – Evercoin

Bitcoin Cash is going up and up, currently at $921. People are attributing this to the difficulty adjustment period for mining.

Meanwhile, Ethereum's own Vitalik Buterin announced a September launch date for Metropolis .

This update will contain:

zk-SNARK s, or non interactive zero knowledge proofs a feature of ZCash. Essentially it does this, according to Christian Lundkvist 's article...

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Website: https://blog.evercoin.com

Related topics : bitcoin mining computer power / bitcoin cash mining difficulty / bitcoin cash mining hardware / bitcoin cash mining / bitcoin cash fork date

The Blockchain Immutability Myth | MultiChain

Where flexible thinking is preferable to dogmatism

"The highest good, than which there is no higher, is the blockchain, and consequently it is immutably good, hence truly eternal and truly immortal."

-- Saint Augustine, De natura boni, i, 405 C.E. (with minor edits)

If you ask someone well-informed about the characteristics of blockchains, the word "immutable" will invariably appear in the...

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Website: https://www.multichain.com

Blockchain Glossary - Blockchain Technology Guide

Our blockchain technology glossary is a complete blockchain 101 guide to help you understand this new technology by explaining commonly used terms and their meanings. Scroll down to learn more

Distributed ledger technologies could provide a once in a generation opportunity.

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Address

Addresses (Cryptocurrency addresses) are used to receive and...

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Website: http://www.blockchaintechnologies.com