Tag: 13year

Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High – Mining Bitcoin News

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The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching a value of 27.97 trillion. The mining difficulty has increased six times in a row since November 28, 2021, which makes it 23.34% harder for bitcoin miners to find bitcoin block rewards since then. Bitcoin Hashrate Cracks Another ATH, Block Rewards Become Much Harder to Find…

13-year anniversary of transaction between Satoshi and Hal Finney

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It’s been exactly 13 years to the day since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain from creator Satoshi Nakamoto. On Jan. 12, 2009, with the Bitcoin (BTC) white paper a mere three months old, Satoshi sent Finney 10 BTC — worth next to nothing at the time, but now roughly $440,000. The move, likely a test to determine the viability of the blockchain, was the first in a series of hundreds of millions of transactions in Bitcoin between millions of people…