Tag: Hashpower

It’s Happening! Major Cryptocurrency Market Correction – Find Out Why?

This week definitely started slow, but as Tuesday hit cryptocurrency markets began spiraling down at an accelerating rate. As we speak, most cryptocurrencies are down at least 10% and dropping, with some coins like Bitcoin SV taking a near 30% hit. Let’s try and make sense of this bearish market movement and see if we can figure out the cause for the panic. Binance BTC/BUSD Flash Crash? The first suspect …
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The Bitcoin Network Loses Over a Quarter of its Hashpower

There are always interesting things going on in the cryptocurrency world. Not all of those developments make sense, particularly where Bitcoin is concerned. its hashrate dropped by a quarter in very quick succession, yet no one knows why that is exactly. It does pose somewhat of a network risk, although it is widely believed this will be a blip on the radar when everything is said and done.  The BTC …
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One Entity Currently Controls Most of the Vertcoin Mining Hashpower

A lot of interesting things are happening in the world of cryptocurrency, but some trends are less than positive. The Vertcoin mining situation, for example, doesn’t look all that promising as of right now. With one pool controlling a large amount of the network’s hashrate, there is genuine reason for concern. Vertcoin Faces a Potential 51% Attack It is never good to see any cryptocurrency be susceptible to a possible 51% attack …
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Bitcoin Mining Difficulty Increases by 16.64%

The bitcoin mining difficulty has undergone another major change. It seems the difficulty continues to increase by a higher percentage over the past few months. This latest change represents mining getting 16.64% more difficult, indicating a lot of new hashpower has come online over the past two weeks. It is unclear if this is the case, although the latest generation of 16nm ASIC miners is shaking up things for sure. …
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