Computing Power - All News And Posts By Crowdfund Insider

Bitcoin Hashrate Continues Upward Trend, as Investors Anticipate Next Catalyst to Drive BTC, Crypto Price Movements: Report

July 23, 2023 @ 2:36 pm By Omar Faridi |

Bitcoin’s hash rate, which is an estimated measure of “how fast the aggregate computational resources supporting the network is guessing solutions to new blocks,” has been on an upward ascent for much of the year, the NYDIG Research team noted. Although that might make sense… Read More

Read more in: Blockchain & Digital Assets, Global | Tagged bitcoin, bitcoin mining, btc, btc mining, computing power, crypto mining, crypto-assets, digital currency, hash rate, hashrate, mining, nydig, nydig research, research, Research Report, Research Study, virtual currencies

Bitcoin (BTC) Wealth has Become More Evenly Distributed with Smaller Accounts Holding Greater Proportion of Supply: Report

September 16, 2020 @ 9:41 pm By Omar Faridi |

During its 11 years of existence (since the first Bitcoin block was mined), BTC has been able to survive many “threats,” mainly because there’s no single entity controlling the world’s largest cryptocurrency network. As explained in a report from Coin Metrics, this trait, called decentralization,… Read More

Read more in: Blockchain & Digital Assets | Tagged 51% attack, bitcoin, bitcoin mining, btc, coin metrics, coinmetrics, computing power, crypto-assets, decentralization, digital assets, hashpower, mining, Research Report, wealth distribution

Coinbase Clarifies it wasn’t Targeted by “Any of the Attack Transactions” on Etherem Classic (ETC) during 51% Attack and Didn’t Lose Funds

August 22, 2020 @ 4:07 pm By Omar Faridi |

San Francisco-based crypto exchange Coinbase claims it wasn’t targeted by “any of the attack transactions and lost no funds” when Ethereum Classic (ETC) recently suffered 51% attacks. A 51% attack on a blockchain or distributed ledger technology (DLT) platform can take place when a malicious… Read More

Read more in: Blockchain & Digital Assets | Tagged 51% attacks, blockchain security, computing power, crypto-assets, digital assets, distributed ledger technology, dlt, etc, ethereum classic, hashpower, hashrate