An early Bitcoin miner lost 25,000 BTC in 2011, worth $500K then, $2.4B now. The attacker was never caught. Here's how it happened.
Disastrous. The post Bitcoin Is Crashing So Hard That Miners Are Unplugging Their Equipment appeared first on Futurism.
Notably, the hack occurred exactly six years after Upbit was compromised in November 2019, resulting in a loss of nearly $50 million in an attack orchestrated by the North Korean hacking group, ...
The price of Bitcoin crashed below $63,000 on Thursday, not far above the average production cost of publicly traded miners.
Bitcoin mining has reached record scale, but a new report shows profits are shrinking fast, leaving miners more exposed to ...
Bitcoin’s $70,000 level marks a key mining stress zone. Data shows why a sustained drop below it could pressure miners.
The Bitcoin network’s total computational hash rate has entered a notable downtrend since October 18th, reversing what has otherwise been a consistent multi-year climb. The hash ribbons indicator, ...
Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Early Facebook investor Peter Thiel once advised future ...