Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. The astounding growth of the bitcoin network provides increased security as well as an impressive metric for the rate of global bitcoin adoption. Incidentally, this is also leading to long-term economic implications that can only be undone with a sustained trend reversal or an update to the bitcoin protocol. In particular, the network is currently 3% ahead of its targeted block discovery schedule, meaning bitcoins are being issued substantially faster than most would expect. As of the writing of this article, block 238,346 was discovered …
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May 28, 2013
Posted
Economics, Featured, General, Mining, News
Tagged Bitcoin Mining Dashboard, block, BTC, Butterfly Labs, ECB, Moore Law, network speed
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