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Bitcoin Mining – The security engine behind the Bitcoin blockchain

  • June 16, 2020
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  Executive Summary On May 11th 2020, Bitcoin went through its third halving. Right before the halving, Bitcoin’s hashrate was near its all time high levels of 136 Eh/s. Industry experts estimated that the cost of mining a bitcoin post halving would be $12000-$15000. But what we have observed is that it has become relatively […]

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Introduction to the Bitcoin Block Reward Halving

  • April 27, 2020
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What is the Bitcoin Halving?  As part of Bitcoin’s coin issuance, whenever a block is produced (~ every 10 minutes) a miner is rewarded with a certain amount of Bitcoins. This reward incentives miners to contribute to the bitcoin network infrastructure. Approximately every four years, or more accurately every 210,000 blocks, the block reward is halved. This […]

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