Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims

Bitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no longer holds.According to him, transaction finalization now takes…

Continue ReadingBitcoin’s transaction finality now takes over a week due to mining centralization, developer claims

Public miners saw a 15% MoM decrease in production as hash rate and difficulty reach ATHs

The largest Bitcoin miners by market capitalization experienced a sharp drop in production in January as both the mining difficulty and the hash rate rose.Data from Farside indicates that miners…

Continue ReadingPublic miners saw a 15% MoM decrease in production as hash rate and difficulty reach ATHs