Bitcoin Node Count Stabilizes – Back Up Over 10K in Past 3 Months

The Bitcoin network continues to rebound from recent activity slumps, its total node count reaching 65,000 with reachable nodes totalling over 10,000. Technical ‘BUIDLout’ Continues Data from Earn.com (formerly 21.co) and Bitcoin developer Luke-jr’s own monitoring resource confirm the growth, which has lately centered on Germany, now contributing almost 19 percent of nodes. Specifically, there […]

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Bitcoin Hashrate Hits New Record With 50% Gain in August

What bear market? The bitcoin hashrate has broken another record high this week as the world’s most popular cryptocurrency network gets stronger with each day.  Bitcoin Hash Rate Hits 62 Quintillion The Bitcoin hashrate, or the computing power of the Bitcoin network, has broken yet another all-time high of 62 quintillion hashes per second. This marks a […]

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52 Quintillion Per Second: Bitcoin Hashrate Breaks Dizzying New Record

Bitcoin’s network hashrate reached a new record high this week, prompting encouragement from industry commentators as technical support continues to grow exponentially. More Hashes Than Sand On Earth Data from Blockchain (formerly Blockchain.info) confirms that the current hashrate has reached 52 quintillion hashes per second. This marks the first time Bitcoin has reached the threshold […]

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Bitcoin Hashrate Drops as China Floods Knock Out ‘Tens Of Thousands’ of Miners

Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners.  Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output. Despite claims […]

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