Tags : Hashrate

Bitcoin

30 Bitcoin miners receive license in Iran amidst BTC hashrate

Thirty Bitcoin mining farms in Iran received operational licenses last week as the government softened its stance on the crypto market, local outlet Financial Tribune reported. Bitcoin mining, for the uninitiated, uses up a massive computing system that solves millions of complex calculations each second to validate transactions on the Bitcoin network (a process known […]Read More

Bitcoin

Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls.

Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Analysis Falling hashrate, death crosses, and altcoin plunges form the backdrop of the crypto market yesterday as China tightened its […]Read More

Blockchain

What Does Hashrate Mean? – CoinDesk

“Hashrate” refers to the total combined computational power that is being used to mine and process transactions on a Proof-of-Work blockchain, such as Bitcoin and Ethereum (prior to the 2.0 upgrade). A “hash” is a fixed-length alphanumeric code that is used to represent words, messages and data of any length. Crypto projects use a variety […]Read More

Litecoin

Litecoin Price and Hashrate Diving Down; What’s Next?

Litecoin’s hash rate has declined by over 30% since its block size halving event earlier this month, the latest data shows.  Litecoin Trades At Lows Against USD The increasingly troubled altcoin, currently the fifth-largest cryptocurrency by market cap, has lost 30% of its value since the halving, which occurred on August 5. Data from monitoring […]Read More