News

Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims

Bitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no longer holds. According to him, transaction finalization now takes over a week, casting doubt on Bitcoin’s resistance to censorship. Finality refers to the point where reversing a transaction becomes practically impossible due to […]

The post Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims appeared first on CryptoSlate.

News

Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims

Bitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no longer holds. According to him, transaction finalization now takes over a week, casting doubt on Bitcoin’s resistance to censorship. Finality refers to the point where reversing a transaction becomes practically impossible due to […]

The post Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims appeared first on CryptoSlate.

Public miners saw a 15% MoM decrease in production as hash rate and difficulty reach ATHs
News

Public miners saw a 15% MoM decrease in production as hash rate and difficulty reach ATHs

The largest Bitcoin miners by market capitalization experienced a sharp drop in production in January as both the mining difficulty and the hash rate rose. Data from Farside indicates that miners collectively produced 3,267 BTC in January, marking a 15% decline from December 2024. The table below shows that Riot Platforms was the only major […]

The post Public miners saw a 15% MoM decrease in production as hash rate and difficulty reach ATHs appeared first on CryptoSlate.