Bitcoin Remains Resilient Despite Satoshi-Era Miner Sales – Here’s Why
In the last week, multiple miner wallets dormant from the Satoshi era transferred out a significant amount of Bitcoin (BTC). Generally, when miners sell their Bitcoin, especially in a significant proportion, it can induce selling pressure leading to a price drop. However, despite recent miner selling activity, BTC rallied by over 7% hitting a top […]
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The wallet belonging to Bitcoin creator Satoshi Nakamoto remains one of the largest holders of BTC, boasting a balance of over 1 million coins. These coins which were worth mere dollars over a decade ago when they were first mined have ballooned in value as the Bitcoin price has risen. However, as the market has […]
A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%.
Unknown Hashpower Captured 64% of the Bitcoinsv Chain During the Past 7 Days, Empty BSV Blocks Renders Chain Useless at Times
Bitcoinsv (BSV) has been dealing with an unknown miner trolling the project by mining empty blocks, and....
Satoshi Nakamoto's broke a three year long silence, telling the world he is not Dorian Nakamoto (photo). Every post he made can be found in the database of the Satoshi Nakamoto Institute. Satoshi Nakamoto remains an obscure figure to most people that are involved in cryptocurrencies. As the creator of Bitcoin, he is the reason we are all here. You would not be reading this article if it weren't for him. Heck, I would not have written this text, and we would probably think virtual currencies could only exist in a galaxy far, far away. Inventor of Bitcoin. However, Nakamoto is real. Whether....
Bitcoin miners have been one of the worse-hit following the decline in the price of the digital asset. After what can be said to be a wonderful run towards the end of 2021, the miners have now hit a rough patch where their revenues have been dropping. The previous week would prove to be no different, signaling a continuation of lower cash flow on the part of miners, as the daily miner revenues remain depressed in the first week of June. Bitcoin Miners Take A Hit Bitcoin miners have not had the best couple of months now. With the price of bitcoin dropping, miner revenues have taken a hit.....
The legend of Satoshi Nakamoto lives on. A bitcoin enthusiast that goes by Jim Blasko claims to have found “the lost Bitcoin v0.1 raw data and files.” Skepticism would be the normal reaction to outlandish claims like these, but here’s the kicker: the code is still in Soundforge. That is, Satoshi Nakamoto’s original code disappeared […]