costaer (25)in #bitcoin • 6 years agoDifficulty in mining has drastically lowered bitcoin into the “death spiral” stage?Recently, the continued decline in the cryptocurrency market has finally begun to manifest itself in the bitcoin mining industry. It seems that the mining industry, which is not…costaer (25)in #bitcoin • 6 years agoGoogle search index is related to Bitcoin price trendLet's look at the search for Bitcoin keywords. Google gives a trend graph of search data for about a year. Then, starting in November, the popularity of Bitcoin is a bit…costaer (25)in #bitcoin • 6 years agoSouth Korea is reported to be levying cryptocurrency taxSouth Korea’s new finance minister, Hongan Kim, responded to a question from a member of the Democratic Party of Korea and said that the relevant department plans to levy a…costaer (25)in #bitcoin • 6 years agoBitcoin winter: 0.2% off mining machine to mine to low electricity price areaFocus Shihezi, Xinjiang: During the peak period, nearly 500,000 mining machines roared here. In 7*24 hours of operation, these mines cost 500 million kWh per month, which is…costaer (25)in #bitcoin • 6 years agoThree major standards for cryptocurrency trusted algorithmsIf the digital currency based on the algorithm is to win in currency competition, it must have reasonableness in three aspects: the cost of use, the stability of currency, and…costaer (25)in #bitcoin • 6 years agoNakamoto's mysterious appearance, he wants to tell us whether to insist or give up?Last Thursday, Nakamoto took a new update on his personal status on the P2P Foundation. Although there is only a short word "nour", how can people not pay attention because…costaer (25)in #bitcoin • 6 years agoHow much does it cost to launch a 51% attack on Bitcoin? A: $1.4 billionWhat is the concept of $1.4 billion? The world's tallest building, Burj Khalifa, cost a total of $1.5 billion. Recently, according to Cryptoslate, a 51% attack on the Bitcoin…costaer (25)in #bitcoin • 6 years agoMine closure or transfer caused bitcoin network hash rate to dropThe difficulty of bitcoin mining will be adjusted according to its network computing power/hash rate. The higher the computing power, the higher the difficulty is to maintain the…