The biggest proof-of-work cryptocurrency in the world is now significantly more difficult to mine. According to BTC.com, the Bitcoin mining difficulty jumped by nearly 10% in the last two weeks, making current BTC mining one of the hardest it has ever been. According to the website’s analysis, the network’s mining difficulty has reached 30.97 trillion, […]
Category: Bitcoin
The latest news headlines involving Bitcoin.
September 22, 2022
September 13, 2022
Bitcoin Price Dips After August’s Inflation Data Release
Tuesday saw a decline in the price of bitcoin as statistics revealed that U.S. inflation increased more than expected in August as the report indicated a 0.1% month-over-month increase in overall inflation. Despite gas prices hitting multi-month lows and the property market slowing, core inflation increased by 0.6% month over month and is currently at […]
September 13, 2022
Bitcoin Hits $22,000 Mark in Best Week After Fed Updates
Bitcoin just reached its three-week high. The market value of the currency continued to rise as the market sentiment appears to have, at least for the time being, improved. As of 12:20 p.m. in New York, the number-one cryptocurrency by market capitalization had risen as much as 3.9% and was trading just over $22,000. Ether […]