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Культовый журнал о биткоине, технологии блокчейн и цифровой экономике. forklog hub Площадка для общения криптосообщества. Соединяем компании и пользователей.

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Solo Miners Extract Over 329 Bitcoin Blocks in 11 Years
ForkLog 92 03.09.2024

Solo Miners Extract Over 329 Bitcoin Blocks in 11 Years

Since 2014, solo miners of the first cryptocurrency have extracted at least 329 blocks, according to calculations by Protos based on CK Pool data. CHART: When solo miners found a Bitcoin block Operating as lone wolves and paying for 100% of their own equipment and electricity, solo bitcoin miners sometimes strike it lucky. Read more: […]
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Which layer is your bitcoin? Current paths to scaling the original cryptocurrency
ForkLog 60 03.09.2024

Which layer is your bitcoin? Current paths to scaling the original cryptocurrency

In 2023 the Ordinals project delivered rich fee income to miners and revived the debate about scaling the first cryptocurrency. A culture of building on digital gold spurred a trend to create L2 networks atop bitcoin—Bitcoin Layers (BL). By August 2024 nearly a hundred such efforts existed. ForkLog examined the main methods for scaling bitcoin, […]
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Charles Hoskinson Questions Bitcoin's Long-Term Viability
ForkLog 71 03.09.2024

Charles Hoskinson Questions Bitcoin’s Long-Term Viability

The crypto industry no longer requires Bitcoin for survival—it is a religion, not an ecosystem, and is doomed in the long term, according to Cardano founder Charles Hoskinson. Cardano CEO: I don’t see how #Bitcoin survives, it’s a religion not an ecosystem… hashrate will fall and it will die a slow heat death ? pic.twitter.com/dR77Gvf2H3 […]
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QCP Capital Predicts Continued Market Correction in September
ForkLog 14 02.09.2024

QCP Capital Predicts Continued Market Correction in September

Analysts at QCP Capital have highlighted Ethereum’s significant underperformance compared to Bitcoin in August and warned that the market downturn may persist into September. This was reported by The Block.  “Bitcoin ended August with an 8.6% decline. We began the month with the ‘Bank of Japan crash,’ and digital gold failed to rise above $65,000. […]
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El Salvador's Bitcoin Policy: A Mixed Success, Says President
ForkLog 31 30.08.2024

El Salvador’s Bitcoin Policy: A Mixed Success, Says President

The monetary experiment of legalising Bitcoin as legal tender in El Salvador has yielded mixed results, according to President Nayib Bukele in an interview with TIME. Wearing a dark suit to look more “authoritarian” ? Full interview: https://t.co/dXR5eVmsM1 Entrevista completa en español: https://t.co/wGWW9ZgdoO pic.twitter.com/ViGBkIJ3JU — Nayib Bukele (@nayibbukele) August 29, 2024 When asked about the […]
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Solo Miner Strikes Bitcoin Block, Earning Nearly $200,000
ForkLog 14 30.08.2024

Solo Miner Strikes Bitcoin Block, Earning Nearly $200,000

On August 29, a solo miner successfully added block #858 978 to the blockchain of the first cryptocurrency, earning 3.275 BTC ($199,101) in subsidies and fees. Source: mempool.space. CKPool administrator Con Kolivas noted that the user possesses a substantial hash rate for solo mining—38 PH/s. According to his estimation, this level of performance would allow […]
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Stacks Developers Initiate Nakamoto Upgrade to Decouple from Bitcoin
ForkLog 19 29.08.2024

Stacks Developers Initiate Nakamoto Upgrade to Decouple from Bitcoin

The team behind the Bitcoin Layer 2 solution known as Stacks has announced the initiation of the Nakamoto upgrade process, which “decouples” the block production schedule from the first cryptocurrency’s network. Nakamoto Activation Window Begins ? Today marks the beginning of a sequence to safely bring the Nakamoto upgrade and its fast blocks and Bitcoin […]
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Mezo Developers Launch Liquid Staking Bitcoin Token
ForkLog 35 29.08.2024

Mezo Developers Launch Liquid Staking Bitcoin Token

Developers have launched a liquid staking token for digital gold called stBTC on the Mezo Bitcoin L2 network. As with other similar cases, the asset allows users to earn income while maintaining exposure to the price fluctuations of the leading cryptocurrency. To issue stBTC, one must lock WBTC or tBTC and pay a fee. Holders […]
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Semler Scientific Acquires Additional 83 BTC for $5 Million
ForkLog 24 26.08.2024

Semler Scientific Acquires Additional 83 BTC for $5 Million

Medical technology firm Semler Scientific announced the purchase of an additional 83 BTC for $5 million. According to Eric Semler, Chairman of the Board, the company is “encouraged by the growing institutional acceptance” of digital gold. “We recently acquired additional bitcoins, primarily using cash from operations as well as capital raised under our program,” he […]
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Ethereum Poised to Surpass Bitcoin in Market Capitalisation Within Five Years, Says Expert
ForkLog 17 24.08.2024

Ethereum Poised to Surpass Bitcoin in Market Capitalisation Within Five Years, Says Expert

Ethereum is set to eventually overtake the leading cryptocurrency in terms of market capitalisation within the next five years, according to Nick Tomaino, founder of 1confirmation. 1confirmation Q2 2024 LP letter pic.twitter.com/7aysi4xCYL — Nick Tomaino (@NTmoney) August 23, 2024 He noted that Bitcoin’s current capitalisation stands at approximately $1.2 trillion, which is about four times […]
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Bitcoin Transaction Fees Surge Over Tenfold
ForkLog 22 23.08.2024

Bitcoin Transaction Fees Surge Over Tenfold

On August 22, the average transaction fee on the Bitcoin blockchain surged by 937.7% compared to the previous day, rising from $0.74 to $7.68, according to Blockchain.com. Source: Blockchain.com Since July, average network fees had remained relatively stable, staying below the $2 mark. On August 18, the fee reached a historic low of $0.56. The […]
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Institutional Investors Unfazed by Bitcoin Volatility
ForkLog 8 20.08.2024

Institutional Investors Unfazed by Bitcoin Volatility

Despite the volatility of the leading cryptocurrency, institutional players remain resilient. This was stated by Andre Dragos, head of Bitwise’s research department in Europe, in a conversation with The Block. “[Large investors] are not fleeing from the increased volatility of Bitcoin; instead, they remain quite stable and inclined to hold,” he noted. Dragos highlighted data […]
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