Block reward schedule
Halving events, block rewards and their effect on miner economics.
20 archived articles
Block reward and halving-date figures are point-in-time statements from the original articles. Check the current reward and next halving estimate independently.
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Ten Mining Companies Secure $2 Billion in Funding BlocksBridge Consulting’s latest report shows that ten publicly traded Bitcoin mining companies secured over $2 billion before Bitcoin halving, which took place on April 20th. The crypto research company said in a statement that the funds were meant to protect the miner
New BTC coins enter the circulating supply through a process known as crypto mining. The entities participating in mining are called miners. Their primary work is to search for a special code that confirms a particular block of transactions to ensure it contains genuine transactions. These miners are then rewarded with
Core Scientific’s Revenue Report Leading Bitcoin mining company Core Scientific announced on Tuesday that its total revenue for the first quarter of this year hit $179 million. By comparison, the firm posted revenue of $58 million during the same period last year. Of the $179 million, $150 million came from Core Scient
The Bitcoin halving finally happened. The event reduced miner rewards to 3.125 BTC. Are you still interested in venturing into crypto mining? If so, there are a few terms that you might want to understand first before committing any funds. One of them is a nonce. In this article, we will explain everything you need […]
Bitcoin halving is a significant event in the cryptocurrency world. When it happens, mining rewards are reduced by 50%. Historical data indicates that the previous halving occurrences have had a great impact on the demand and supply mechanics and Bitcoin’s price. Since BTC went live in 2009, three halvings have happene
All proof-of-work blockchains have their own genesis blocks. But what do these blocks mean? Keep reading this article to learn more about genesis blocks. Genesis block Defined The genesis block is typically the first block ever produced on a proof-of-work blockchain. Notably, it does not require a conventional mining p
Many analysts are predicting a bull run in 2024. This prediction has prompted most crypto users to start considering mining proof-of-work cryptocurrencies at home. Although mining Bitcoin may not be suitable for solo miners due to increased difficulty after halving, there are numerous other digital currencies you can m
Marathon’s Latest Purchase Crypto mining company Marathon announced on Monday that it had struck a deal with Applied Digital to buy a 200-megawatt Texas-based Bitcoin mining facility for $87 million. Per the deal, Marathon is set to finance the purchase in cash. A blog on Marathon’s website states that the new acquisit
If you have been in the crypto space for some time, you’ve probably heard the term “block reward.” But what does it actually mean? Well, we have the answers for you. Read on to learn more. Defining a Block Reward A block reward can be defined as the payments given to a crypto miner for […]
Riot Platforms’ Latest Report In a report released on February 23rd, Bitcoin mining company Riot Platforms said its BTC output rose by 19.% in 2023 after mining 6,631 coins. Moreover, the firm recorded an uptick in yearly revenue, primarily because of the increase in Bitcoin price last year compared to the previous yea
Bernstein Recommends Two Mining Stocks Bernstein, a popular brokerage firm, has advised investors to purchase Bitcoin mining stocks in order to gain exposure to BTC indirectly ahead of this year’s halving. The broker recommends two mining stocks, including CLSK, issued by CleanSpark, and RIOT, associated with Riot Plat
CleanSpark’s Latest Acquisitions Popular Bitcoin mining company CleanSpark, which trades on Nasdaq under the CLSK ticker, has announced that it entered agreements last week to acquire three Mississippi-based Bitcoin mining facilities for a whopping $19.5 million. The purchases were paid in cash. According to CleanSpark
The blockchain technology that allows cryptocurrencies like Bitcoin to function is usually a decentralized database without any centralized entity to control it. As a decentralized database, blockchain is secured by parties that operate nodes across the globe. This is made possible by the proof-of-work consensus mechan
Phoenix Splashes $186.5M on Crypto Mining Machines Phoenix, a popular crypto mining company listed on the Abu Dhabi securities market, has announced that it has spent more than $186 million to acquire mining machines to increase its production capacity. Phoenix’s subsidiary, Phoenix Computer Equipment, revealed the pur
Every 4 years, Bitcoin miners prepare themselves to see their mining rewards reduced by half in an event known as halving. In less than 100 days, another halving event will happen. But does it mean anything to Bitcoin investors? Should they pay attention? Let’s get the answers in this article. Bitcoin Halving: The Bolt
Tether Reveals Its Entry Into Crypto Mining Stablecoin issuer Tether has announced its plan to invest in Bitcoin mining in 2024. The company behind the largest stablecoin, USDT, said it would inject $500 million into its new area of interest. In the announcement, Tether said its investment strategy involved setting up
Despite Ethereum transitioning to a proof-of-stake consensus mechanism, crypto mining has remained an attractive venture. And the best part is that those interested in mining cryptocurrencies no longer need to buy expensive equipment. Instead, they can use the services of cloud mining platforms like HashFrog. In this a
If you are intimidated or reluctant to invest in the crypto space but cannot resist its rapid growth, then crypto mining stocks are the safer alternative. These stocks are issued by companies that mine digital currencies or sell crypto mining equipment. With cryptocurrencies witnessing massive adoption in recent years,
Mining Stocks Outpace Bitcoin A new report shows that most of the top eleven mining stocks have outperformed BTC. Nine of these stocks have posted gains of over 100% since January. Bitcoin, on the other hand, is up 70% this year, according to data from CoinGecko. Mining firms whose stocks have recorded gains lower than
Mining is an important aspect of the Bitcoin ecosystem. But what does Bitcoin mining mean? Keep reading this article to learn more about Bitcoin mining. Understanding Bitcoin Mining As a beginner, you may think Bitcoin mining is like digging the ground for coal or gold. But that’s not the case. Instead, it refers to th