Ethereum transaction fees hit record low as Layer-2 networks siphon activity

[ad_1] The average transaction fee on Ethereum has reached record lows as more activity moves to the Layer-2 (L2) networks on the chain. According to Ultrasound.money data, the average gas has dropped... Read more »

Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto

[ad_1] On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to... Read more »

Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High

[ad_1] Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39... Read more »

Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record

[ad_1] Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April... Read more »

Record Q1 crypto volatility is ‘not a new normal’ — Nickel Digital

[ad_1] The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to... Read more »

Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer

[ad_1] Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly... Read more »

Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event

[ad_1] In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total,... Read more »

Record $13.2 billion YTD inflow into digital assets eclipses 2021 total

[ad_1] Last week, digital asset investment products experienced a $2.9 billion net flow, marking two consecutive weeks of record-breaking inflows, according to CoinShares’ latest weekly report. This achievement propelled digital asset products... Read more »

Bitcoin Mining Hits Record Difficulty as Countdown to 2024 Halving Begins

[ad_1] 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... Read more »

Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024

[ad_1] Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26... Read more »