Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power to discover blocks. Meanwhile, the network’s hashrate also reached a record high this past week. Bitcoin Difficulty Jumps to 57 Trillion, Hashrate Spikes to Fresh New Highs On September 19, […]
A Tumultuous August: Peaks and Valleys in Bitcoin’s Ordinal Inscription Saga
Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These low points in August occurred specifically on August 4 and August 8, 2023. From Records to Recursive Ordinals […]