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Bitcoin Cash Hashrate Drops Drastically After Halving

Bitcoin Cash Hashrate Drops Drastically After Halving

A few hours after the halving of Bitcoin Cash, the most famous copy of Bitcoin, the network’s hashrate (computing power) abruptly fell by almost 70%, leading to hours of waiting to confirm a transaction.   According to the charts offered by 2Miners, the BCH hashrate went from 6.27 exahashes per second (EH/s) to 1.91 EH/s in […]

Paraguay Presents Bill to Prohibit All Bitcoin Activity

Paraguay Presents Bill to Prohibit All Bitcoin Activity

The Senate of Paraguay entered this week, and sent to committee, a bill that seeks to ban the entire bitcoin (BTC) and cryptocurrency ecosystem in that nation on a “temporary” basis.  According to the Legislative Information System of Paraguay, on April 3, the proposal was successfully introduced that, verbatim, “prohibits the creation, conservation, storage and […]