November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $ 1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by miners within the year. Bitcoin Mining Fees Soar to Yearly High …
It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $ 2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a substantial number of crypto assets have seen …
Recent data reveals a surge in bitcoin’s dominance, a measure of its market capitalization in relation to the entire cryptocurrency sphere, reaching peaks not observed since February 2021. Present figures demonstrate that bitcoin (BTC) constitutes approximately 54% of the total cryptocurrency market value, with ethereum (ETH) trailing at just above 17%. Bitcoin Dominance Rises From […]
Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power to discover blocks. Meanwhile, the network’s hashrate also reached a record high this past week. Bitcoin Difficulty Jumps to 57 Trillion, Hashrate Spikes to Fresh New Highs On September 19, […]
Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These low points in August occurred specifically on August 4 and August 8, 2023. From Records to Recursive Ordinals […]