congestion

Bitcoin miner profitability rises 2X in 7 weeks despite network congestion

0xMain
May 7, 2023

Bitcoin, congestion, Hacking, miner, Network, profitability, rises, weeks

On-chain data on May 7 shows that the profitability of bitcoin (BTC) miners is on the rise. Bitcoin miner profitability rises 2X BitInfoCharts reveals that for every TH/s of hash rate, which is the computing power funneled to the Bitcoin network, a miner earns $0.0988...

Binance re-opens bitcoin withdrawals after brief suspension, blames ‘severe network congestion’

0xMain
May 7, 2023

Binance, Bitcoin, blames, congestion, Hacking, Network, reopens, severe, suspension, withdrawals

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, the world’s largest cryptocurrency exchange, has re-opened bitcoin (BTC) withdrawals after a 1-hour suspension, the latest data on May 7 shows. Binance halts BTC withdrawals Binance said they...