On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining difficulty now stands at an unprecedented peak of 83.95 trillion, with the forthcoming adjustment anticipated around March 27, 2024. Bitcoin Difficulty Jumps 5.79% Mining Bitcoin has reached unprecedented levels of difficulty, peaking at 83.95 trillion […]
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Key TakeawaysSweden reclassified Hive’s datacenter services as self-mining, retroactively denying input VAT recovery.Hive argues it provides taxable compute power, meaning the VAT change causes a major financial hit.Hive...
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Bitcoin’s post-retarget relief for miners was real, but narrow.Using a BTC price of $84,751, the completed difficulty increase and the latest gross hashprice is about $40.31 per petahash...
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Some Bitcoin mining vardiff (variable difficulty) controllers can keep demanding work calibrated for a machine's former speed after it cuts hashrate. The miner can keep hashing and consuming...
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