#bitcoin

Following the recent fall in bitcoin price, the cryptocurrency recovered losses during the last 24 hours, and returned to the last week’s indices.

For the first time in the history of cryptocurrency, the overall hash rate of bitcoin network has exceeded a thousand petahashes per second, thus reaching one quintillion operations, or one exahash, per second. This value might be considered an explicit expression of miners’ position, who apparently continue actively maintaining the network notwithstanding the recent Hearngate […]

When Mike Hearn buried bitcoin, its exchange rate immediately went down, as if you’re dead, you indeed should keep close to the ground. Lots of prominent cryptocurrency industry figures snapped into writing lots of texts, both long or laconic, stating that rumors about bitcoin’s death are somewhat exaggerated. Website titled “Bitcoin Obituaries” so far contains […]

Former Bitcoin Core developer and one of bitcoin’s earliest adopters Mike Hearn stated he abandoned digital currency ecosystem as it suffers from a massive crisis.

Following the continuing unrest at global markets, especially China, the bitcoin exchange rate skyrocketed to $455 at the time of writing. Overnight volatility in China has caused the American stocks to open sharply lower. The Chinese capital outflow restrictions and continuing economic slowdown have been cited among the main reasons for recent ascension of bitcoin’s […]

The year 2016 will see twofold reduction in mining rewards for a found block. The overall supply of bitcoins is finite, and comprises 21 million coins. A coin first sees the light every time a miner solves a block. The bitcoin protocol dictates that the quantity of bitcoins used as a reward from a block […]

Two prominent Bitcoin Core contributors, Jeff Garzik and Gavin Andressen, co-wrote a response to the recently published bitcoin scalability roadmap by Gregory Maxwell, which is based on the SegWit concept.

When someone asks me, how your publication works, I usually say it’s a miracle. It has suffered troubled times, and now has almost nothing to do with its initial state. If answering the question seriously, the most correct answer would be – the deuce knows. Answering the question seriously is almost impossible. There are just […]