Bitcoin

CoinDesk placeholder image

Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain network. It involves powerful computers solving complex mathematical problems to secure the Bitcoin network and maintain its decentralized nature. Individuals, companies, and even specialized mining pools participate in this process, known as miners. These miners play a crucial role in ensuring the integrity and security of the Bitcoin network. As the number of bitcoins in circulation is limited, mining also serves as a means of distributing new bitcoins. Miners are rewarded with newly minted bitcoins for their computational efforts and the energy they contribute to the network. Bitcoin mining has evolved over time, with the advent of more efficient hardware and the rise of mining farms. These farms, often operated by companies, leverage economies of scale to maximize their mining capabilities. Additionally, mining protocols and algorithms have been developed to adapt to the increasing computational power and maintain the network's stability. Crypto exchanges facilitate the trading of bitcoins, allowing miners to convert their earned bitcoins into traditional currencies or other cryptocurrencies. This dynamic ecosystem of people, companies, protocols, and blockchain networks collectively contribute to the functioning and growth of Bitcoin and the broader cryptocurrency market.

Read less...


Bitcoin prices bumped over $38,700. (CoinDesk)
Bitcoin sube a 38,8 mil dólares por primera vez desde mayo de 2022
La capitalización general del mercado de cifrado está en su nivel más alto desde mayo de 2022, con casi 400 mil millones de dólares agregados desde principios de octubre.
Bitcoin prices bumped over $38,700. (CoinDesk)

(Shutterstock)
Bitcoin apunta a $40,000 mientras $1,000 millones en retiros de BTC sugieren un estado de ánimo alcista
Los datos muestran que se han retirado de los intercambios más de mil millones de dólares en BTC durante la semana pasada.
(Shutterstock)

(Shutterstock)
Bitcoin Eyes $40K as $1B in BTC Withdrawals Suggests Bullish Mood
Data shows over $1 billion worth of BTC has been withdrawn from exchanges over the past week.
(Shutterstock)

Swimming pool water (Aquilatin/Pixabay)
Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic
A data scientist for the Dutch National Bank, Alex De Vries, claims every bitcoin transaction uses enough water to fill a swimming pool.
Swimming pool water (Aquilatin/Pixabay)

Swimming pool water (Aquilatin/Pixabay)
Bitcoin pasa de hervir los océanos a drenarlos, según un crítico
Un científico de datos del Banco Nacional Holandés, Alex De Vries, afirma que cada transacción de Bitcoin utiliza suficiente agua para llenar una piscina.
Swimming pool water (Aquilatin/Pixabay)

Markets Daily Wide
Crypto Update | Proposed U.S. Rule Change Gives Treasury Broad Expansion of Powers, Including Over Crypto Platforms
Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores signals in the U.S. economy, regulatory overreach, market moves and more.
Markets Daily Wide

Why Financial Advisors Are So Excited About a Spot Bitcoin ETF
Why Financial Advisors Are So Excited About a Spot Bitcoin ETF
On this episode of Unchained, Ric Edelman, founder of the Digital Assets Council of Financial Professionals and author of “The Truth About Crypto,” explains how this should al...
Why Financial Advisors Are So Excited About a Spot Bitcoin ETF

Michael Saylor (Anna Baydakova/CoinDesk)
MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%
MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.
Michael Saylor (Anna Baydakova/CoinDesk)

Michael Saylor (Anna Baydakova/CoinDesk)
MicroStrategy compró $600 millones de BTC en noviembre y aumentó sus tenencias en un 10%
MicroStrategy también busca recaudar hasta 750 millones de dólares en una venta de acciones ordinarias de clase A.
Michael Saylor (Anna Baydakova/CoinDesk)

A bitcoin mining operation. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner AntPool reembolsará una tarifa de transacción BTC récord de $ 3 millones
AntPool dijo que verificaría la identidad del remitente si firma un mensaje en cadena a través de otra transacción de Bitcoin usando el mismo mensaje, lo que demostrará la pro...
A bitcoin mining operation. (Eliza Gkritsi/CoinDesk)