Bitcoin

April

<h2 id="quick-take">Quick Take</h2> 
<p>The Bitcoin mining <a href="https://cryptoslate.com/insights/bitcoin-network-hits-record-breaking-551-eh-s-hash-rate-as-sixth-straight-difficulty-increase-looms/">hash rate</a> continues to experience a significant upturn. The decentralized Bitcoin mining pool, <a href="https://cryptoslate.com/decentralized-bitcoin-mining-pool-ocean-raises-over-6m-in-seed-funding/">OCEAN</a>, spearheaded by Jack Dorsey, is noteworthy. It has recently commenced operations, reaching an impressive 126 ph/s, or approximately 0.024% of the total hash rate network, estimated at 550 eh/s. Given its decentralized nature, projections indicate a potential increase in <a href="https://ocean.xyz/dashboard">OCEAN’s</a> hash rate contribution over time.</p> 
<figure id="attachment_377699" aria-describedby="caption-attachment-377699" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-377699 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/11/ocean.png" alt="Ocean Hash Rate: (Source: ocean.xyz)" width="1574" height="391" srcset="https://cryptoslate.com/wp-content/uploads/2023/11/ocean.png 1574w, https://cryptoslate.com/wp-content/uploads/2023/11/ocean-300x75.png 300w, https://cryptoslate.com/wp-content/uploads/2023/11/ocean-1024x254.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/11/ocean-768x191.png 768w, https://cryptoslate.com/wp-content/uploads/2023/11/ocean-1536x382.png 1536w" sizes="(max-width: 1574px) 100vw, 1574px">
 <figcaption id="caption-attachment-377699" class="wp-caption-text">
  Ocean Hash Rate: (Source: ocean.xyz)
 </figcaption>
</figure> 
<p>Furthermore, a comprehensive review by mining analyst <a href="https://x.com/sebastian_ski/status/1725599638000955396?s=20">Sebastian Ski</a>&nbsp;reveals that the percentage of the Bitcoin Network Hashrate for public miners sits at 25% for 2023, maintaining stability for the year yet representing a considerable rise from the 16% recorded at the start of 2022.</p> 
<figure id="attachment_377701" aria-describedby="caption-attachment-377701" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-377701 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/11/HR-3.png" alt="Public Bitcoin Miners percentage of Network Hashrate: (Source: @sebastian_ski)" width="1427" height="245" srcset="https://cryptoslate.com/wp-content/uploads/2023/11/HR-3.png 1427w, https://cryptoslate.com/wp-content/uploads/2023/11/HR-3-300x52.png 300w, https://cryptoslate.com/wp-content/uploads/2023/11/HR-3-1024x176.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/11/HR-3-768x132.png 768w" sizes="(max-width: 1427px) 100vw, 1427px">
 <figcaption id="caption-attachment-377701" class="wp-caption-text">
  Public Bitcoin Miners percentage of Network Hashrate: (Source: @sebastian_ski)
 </figcaption>
</figure> 
<p>These developments underscore the dynamic nature of the Bitcoin hash rate landscape, especially as the market prepares for the anticipated halving event in April 2024.</p> 
<p>The post <a href="https://cryptoslate.com/insights/decentralized-mining-pool-ocean-by-jack-dorsey-joins-bitcoin-hash-rate-surge/">Decentralized mining pool OCEAN by Jack Dorsey joins Bitcoin hash rate surge</a> appeared first on <a href="https://cryptoslate.com">CryptoSlate</a>.</p>

Decentralized mining pool OCEAN by Jack Dorsey joins Bitcoin hash rate surge

Table of Contents

CryptoSlate

Другие статьи, опубликованные 30 нояб. 2023 г.

This Renowned Entrepreneur Warns: Buy Bitcoin Before It’s Too Late

Bitcoin & Ethereum Options Data Indicates Roadblock Ahead

Helium Mobile Becomes Official Wireless Sponsor of University of Miami Athletics

Moonbeam Network Partners With DUX, Grupo RÃO to Launch Brazil’s Largest Web3 Loyalty Program (30...

Bitcoin: Standard Chartered Says ETF to Bring 165% Gain in 2024

Cardano founder Charles Hoskinson faces accusations from XRP community

Join our free newsletter for daily crypto updates!