Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High 3 min read All time high Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2,...Read More
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion 3 min read Bitcoin Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion admin May 14, 2023 In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May...Read More
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90% 3 min read Bitcoin Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90% admin May 11, 2023 On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a...Read More
Bitcoin Mempool Overwhelmed With 134,000 Unconfirmed Transactions Amid Price Volatility 3 min read 134986 txs Bitcoin Mempool Overwhelmed With 134,000 Unconfirmed Transactions Amid Price Volatility admin April 26, 2023 Amidst the buzz surrounding bitcoin’s latest price surge, a significant number of transactions are currently clogging up...Read More
Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March 3 min read 150 bitcoin Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March admin April 1, 2023 In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in...Read More
Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High 4 min read 10.45% Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High admin May 14, 2022 Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range,...Read More
Bitcoin Mining Difficulty Hits a Lifetime High After a 5.56% Increase, Metric Nears 30 Trillion 1 min read 29 trillion Bitcoin Mining Difficulty Hits a Lifetime High After a 5.56% Increase, Metric Nears 30 Trillion admin April 28, 2022 Jamie Redman Jamie Redman is the News Lead at Maximumhorrors.com News and a financial tech journalist living...Read More
Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward 2 min read 160 EH/s Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward admin January 21, 2022 Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime...Read More
Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July 2 min read Block time Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July admin November 27, 2021 Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price....Read More
Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago 3 min read 27% drop Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago admin August 2, 2021 As expected, Bitcoin’s mining difficulty increased this week jumping 6.03% higher on July 31. The change marks...Read More
Bitcoin Blocks Will Soon Be 27% Easier to Find — Miners Brace for the Largest Difficulty Drop in BTC’s Lifetime 3 min read 16% drop Bitcoin Blocks Will Soon Be 27% Easier to Find — Miners Brace for the Largest Difficulty Drop in BTC’s Lifetime admin July 3, 2021 Bitcoin, the leading crypto asset in terms of market capitalization, has seen the cryptocurrency’s network hashrate drop...Read More