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Bitcoin (BTC), founded in 2008, is a cryptocurrency powered by the Bitcoin blockchain—a peer-to-peer network for verifying transactions. That means BTC is borderless, decentralized, and transparent. BTC are "mined" or created through proof-of-work, a way for computers on the Bitcoin network to validate a new block of transactions. But BTC can't be mined forever. In fact, its anonymous creator(s), a person or group known as Satoshi Nakamoto, designed BTC to be scarce and deflationary. There can never be more than 21 million BTC. As of 2024, more than 19 million coins have already been mined.

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Bitcoin News

Bitcoinist 1h
New Data Reveals Bitcoin Mining May No Longer Be Profitable – Here’s Why

New data has revealed that Bitcoin (BTC) mining might no longer be as lucrative as it used to be. Bloomberg has reported that the profitability of Bitcoin minin...

New Data Reveals Bitcoin Mining May No Longer Be Profitable – Here’s Why
Bitcoinist 4h
Bitcoin Runes Hype Dissipates: Why This Makes Life Difficult For Miners

Data suggests the hype around the new Bitcoin Runes has severely dropped, something that’s not a good sign for miner revenues. Bitcoin Halving Effect Settles I...

Bitcoin Runes Hype Dissipates: Why This Makes Life Difficult For Miners
TipRanks 6h
China Xiangtai Food Co. Halts Bitcoin Mining - TipRanks.com - TipRanks

China Xiangtai Food Co (BTOG) has released an update. China Xiangtai Food Co., previously engaged in Bitcoin mining, has ceased its operations due to high cost...

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