Difficulty Adjustment, Congressional Hearing and Top Stocks 📧
Bitcoin’s difficulty just hit a record high. What does that mean?
For miners, increased difficulty means less profitable mining. Hashprice – a metric measuring the revenue per terrahash (TH) of a machine – dropped some 14%, from $0.21 TH per day to $0.18 TH per day,
Three takeaways from the US Congressional hearing on Bitcoin mining
Bitfury CEO Brian Brooks defended Proof-of-Work (PoW) mining, while altcoin enthusiasts attacked mining's "inherent wastefulness" before the US House Committee.
Volatility in bitcoin generally leads to miners underperforming. Only two of the top bitcoin miners outperformed bitcoin over the year: Canadian mining firm Hut 8 (HUT) and US miner Marathon Digital Holdings (MARA).
Understanding The Lighting Network | Rusty Russell
The Lightning Network's instant transactions and ultra low fees is making the dream of a “Peer-to-Peer Electronic Cash System” a reality. Blockstream's Rusty Russell joins the Compass Podcast to talk about Lightning Network growth, technicals and
how Bitcoin miners should understand Lightning.
