• About
  • Coincu
  • Hot topics
  • Random
  • Exchange
Saturday, May 21, 2022
CoinCu News
No Result
View All Result
  • Login
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • Defi
    • GameFi
    • NFTs
    • Metaverse
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • Defi
    • GameFi
    • NFTs
    • Metaverse
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home Market

Bitcoin hashrate rises to ATH as Jack Dorsey confirms the mining system has been blocked

January 14, 2022
in Market
366
91
SHARES
3k
VIEWS
Share on Facebook

Michael Saylor’s absolute belief in Bitcoin that it will be worth millions of dollars after hitting $29,000

Cryptocurrency, According To Lagarde, Is “Worth Nothing” And Should Be Regulated.

Bitcoin’s hashrate has returned to the ATH level, although an important contribution area has been lost. Meanwhile, Block CEO Jack Dorsey has amid Bitcoin’s lackluster price movement confirm the establishment of an open Bitcoin mining system.

The BTC room continues to surprise and confuse critics and interested parties alike. Kazakhstan, the network’s second major BTC mining country, experienced a network outage last week due to the unrest. However, the hashrate fell no more than 13.4% before recovering to hit the ATH levels.

According to Glassnode, the network’s average hashrate reached 215 million terahashes per second when Bitcoin retested the $ 42,000 range on Thursday.

Bitcoin

Source: Glassnode

Bitcoin miners continue to show resilience, and as Fidelity Digital Assets noted, the network is “even more widespread around the world”.

Before, after the post Block has retired from LinkedIn and announced that it will develop open source Bitcoin mining systems by 2022. Dorsey confirmed it Thursday when he retweeted comments from Block general manager Thomas Templeton.

In a number of posts on Twitter, Templeton mention on issues related to availability, reliability, performance and products related to BTC mining. He also gave Block’s goals for BTC mining:

“We want to make mining more decentralized and efficient in every respect, from acquisition to setup, maintenance and mining. We are interested in this area because mining is not just about creating new bitcoins. We see in this the long-term need for a completely decentralized and permission-free future. ”

Building a “public” BTC mining system and growing with the community is Block’s big goal, but getting there isn’t an easy process. Econoalchemist, BTC Home Mining Company and BTC Magazine Contributor, suppose i think Developing products using open source code will “build trust in places where there is no reputation and could also change consumer expectations in that direction”.

Ultimately, Block’s mining solutions could pave the way for more miners to freely enter the space.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Bitcoin hashrate set to new high, mining difficulty near ATH

Jack Dorsey and Elon Musk “dissect” Web3 together

Bitcoin hashrate rises despite falling prices, mysterious hash power return

Tags: #Bitcoin#MiningATHblockedconfirmsDorseyhashrateJackrisesSystem
Previous Post

The craziest and most insensitive criticism of Vitalik Buterin

Next Post

Shiba Inu warns of 3 fake SHIB contracts listed on Coinmarketcap

Other Posts

S&P 500 drops 10% in May; what will happen to crypto markets?
Knowledge

S&P 500 drops 10% in May; what will happen to crypto markets?

May 21, 2022
Russia to eventually legalize cryptocurrencies as a payment method | News 20 May 2022 | Crypto New
Market

Russia to eventually legalize cryptocurrencies as a payment method | News 20 May 2022 | Crypto New

May 20, 2022
bitcoin
Bitcoin

Bitcoin This Year Will Have The Same Scenario As 2018?

May 20, 2022
Experts Predict That The Shiba Inu Will Be Extinct By 2030
Altcoins

Experts Predict That The Shiba Inu Will Be Extinct By 2030

May 20, 2022
Markets Recover as Ether Alternatives SOL and DOT Outperform Top Tokens
Market

Markets Recover as Ether Alternatives SOL and DOT Outperform Top Tokens

May 20, 2022
bitcoin
Bitcoin

“Bitcoin Is Re-Entering An Accumulation Range”, Three Arrows Capital Co-Founder Zhu Su Stated On May 19

May 19, 2022
Next Post
Shiba Inu warns of 3 fake SHIB contracts listed on Coinmarketcap

Shiba Inu warns of 3 fake SHIB contracts listed on Coinmarketcap

Leave Comment
  • Ethereum Weekly Recap | May 09  – May 15, 2022

    Ethereum Weekly Recap | May 09 – May 15, 2022

    108 shares
    Share 43 Tweet 27
  • What is DeGods($DUST) | Everything you need to know about it.

    195 shares
    Share 78 Tweet 49
  • BNB Chain Weekly Recap | May 9th- 15th, 2022

    123 shares
    Share 49 Tweet 31
  • Bored Ape #2162 Is Now Untradeable! What Is Happening?

    94 shares
    Share 38 Tweet 24
  • On-chain data shows Terra backer ‘Hashed’ lost $3.5 billion from the $LUNA crash

    101 shares
    Share 40 Tweet 25
Why may USDC not be ready to overtake USDT?

Why may USDC not be ready to overtake USDT?

May 21, 2022
AMA with CZ

Great Ask me anything (AMA) of CZ – CEO of Binance lasted for 1 hour to answer questions from the crypto user community

May 21, 2022
Binance Announces L2 Network Optimism Support for Ethereum

Binance Announces L2 Network Optimism Support for Ethereum

May 21, 2022
Best Wallet to Store Solana in 2022

Best Wallet to Store Solana in 2022

May 21, 2022
Michael Saylor’s absolute belief in Bitcoin that it will be worth millions of dollars after hitting $29,000

Michael Saylor’s absolute belief in Bitcoin that it will be worth millions of dollars after hitting $29,000

May 21, 2022
Brazilian Crypto Exchange Refunds UST At $1 For Customers

Brazilian Crypto Exchange Refunds UST At $1 For Customers

May 21, 2022
Dogecoin Is The Top Coin Purchased By BNB Whales

Dogecoin Is The Top Coin Purchased By BNB Whales

May 21, 2022
CZ Gives His Thoughts On The Crypto Sector Following Terra's Downfall

CZ Gives His Thoughts On The Crypto Sector Following Terra’s Downfall

May 21, 2022
Cardano’s Genius X Receives $105 Million In ADA, After The Launch Of ISPO

Cardano’s Genius X Receives $105 Million In ADA, After The Launch Of ISPO

May 21, 2022
Wormhole rewarded $10 million to a white hat hacker who reported a bug

Wormhole rewarded $10 million to a white hat hacker who reported a bug

May 21, 2022

  • bitcoinBitcoin(BTC)$29,570.001.85%
  • ethereumEthereum(ETH)$1,984.422.21%
  • tetherTether(USDT)$1.000.16%
  • cardanoCardano(ADA)$0.545.32%
  • SolanaSolana(SOL)$50.793.73%
  • dogecoinDogecoin(DOGE)$0.0857102.52%
  • tronTRON(TRX)$0.0745241.64%
  • FTX TokenFTX Token(FTT)$30.192.41%
  • cosmosCosmos Hub(ATOM)$11.250.56%
  • Axie InfinityAxie Infinity(AXS)$20.851.58%
  • FantomFantom(FTM)$0.41386926.09%
  • TerraTerra(LUNA)$0.000101-22.20%
  • LINKLINK(LN)$48.652.41%
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Metaverse
  • Polygon
  • Polkadot
  • Coinbase
  • Trending
  • Top Coin
  • Vi
  • DFH

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
    • GameFi
    • NFT
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Advertise

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$29,570.001.85%
  • ethereumEthereum(ETH)$1,984.422.21%
  • tetherTether(USDT)$1.000.16%
  • cardanoCardano(ADA)$0.545.32%
  • SolanaSolana(SOL)$50.793.73%
  • dogecoinDogecoin(DOGE)$0.0857102.52%
  • tronTRON(TRX)$0.0745241.64%
  • FTX TokenFTX Token(FTT)$30.192.41%
  • cosmosCosmos Hub(ATOM)$11.250.56%
  • Axie InfinityAxie Infinity(AXS)$20.851.58%
  • FantomFantom(FTM)$0.41386926.09%
  • TerraTerra(LUNA)$0.000101-22.20%
  • LINKLINK(LN)$48.652.41%