Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

Bitcoin miners image via CoinDesk archives After posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China. The slowdown in the growth of so-called mining difficulty signals that miners have had to pause upgrading equipment after the epidemic prompted Chinese authorities to impose a quarantine and major mining equipment makers delayed production and shipments. Mining […]

 

Comments

Recommended Stories

Cryptocurrency and the whale in the room

Employers can now spot fake resumes with this blockchain tech

United Nations Is Among New Entrants in Forbes’ 2nd Blockchain 50 List

Companies in pharmaceutical supply chain develop system to track counterfeit drugs