Tiny 500Gh home Bitcoin mining device produced a block, earning over $200K BTC

July 24, 2024
The Last Cryptocurency
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Cointelegraph Feed

The device, called a ‘Bitaxe,’ successfully mined a block even though its chances were only 1 out of 1 billion every ten minutes.

On-chain data is showing more and more similarities to mid and late 2020 — the springboard period for the Ethereum and Bitcoin bull market. 380 Total views 4 Total shares Bitcoin (BTC) and Ether (ETH) have started showing “remarkable” bullish divergences which echo the start of bullish price trends.That’s according to the latest data collected…

11th anniversary of Bitcoin’s first halving: from $12 to $37,000

Bitcoin (BTC), the largest cryptocurrency by market value, experienced its first-ever halving 11 years ago today. As the community celebrates the anniversary of the first Bitcoin halving, it’s timely to revisit some of Bitcoin's historical milestones ahead of the next halving expected in April 2024.The first Bitcoin transaction occurred nearly 15 years ago on Jan.

Chip Manufacturer Cuts Revenue Forecast Due to Weak Demand for Crypto Miners, Again

Taiwan Semiconductor Manufacturing Co. (TSMC), a leading producer of microchips, has decreased its annual revenue and capital expenditure estimates following growth rate reduction in the smartphone and cryptocurrency mining fields, Business Times reported July 19. TSMC produces chips for tech giants like Nvidia Corp., Apple Inc., and Qualcomm Inc. TSMC cut its revenue growth forecast…

Price analysis 10/13: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

A trending move in an asset class attracts traders, while a dull price action drives investors to the sidelines. Bitcoin (BTC) has largely been stuck in a range for the past several months, which could be one of the reasons for the drop in spot volumes. Bloomberg reported on Oct. 11 that Coinbase’s spot trading

World Economic Forum Releases Report About Blockchain Cybersecurity

The World Economic Forum (WEF) released a report about blockchain cybersecurity on April 5.The report points out that most data breaches do not result from the level of skill of the hackers, but instead happen because appropriate security measures often are not implemented. The WEF further claims that while attackers do compromise blockchains themselves, they…

Report: Global Blockchain in Healthcare to Reach $1.7 billion by 2026

The volume of blockchain in healthcare market worldwide is forecast to reach more than $1.7 billion by 2026.In a press release published on July 16, consulting services to information technologies firm Acumen Research and Consulting (ARC) has projected that the global blockchain in healthcare market on the global scale will reach over $1.7 billion by…

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Former Cred execs face wire fraud and money laundering charges

After attending their initial court appearance on May 2, the former CEO and CFO of Cred must enter their plea on May 8.

Starknet to hand 10% of network fees to devs, with $3.5M in first distribution

Layer-2 network StarkWare and the Starknet Foundation are set to distribute a 10% cut of network fees to developers, a part of a pilot program called “Devonomics.” In an announcement shared with Cointelegraph on Dec. 12, StarkWare CEO Uri Kolodny said it was allocating a portion of the network fees, provisionally 8%, to decentralized app builders

Crypto user modifies old school Game Boy for Bitcoin mining

YouTuber Stacksmashing estimated his rig would take "a couple of quadrillion years to mine a Bitcoin." 837 Total views 15 Total shares An IT security researcher has been able to adapt Nintendo’s first major handheld game console to mine cryptocurrency.According to a recent YouTube video, user Stacksmashing used the hardware from a Nintendo Game Boy…

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