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Miner Reward

Satoshi Mined the Genesis Block, Let’s Verify It

Satoshi Nakamoto mined Bitcoin’s genesis block on this day thirteen years ago. Included in the block was a miner subsidy of 50 BTC. This...

Swedish Leaders Want the EU to Ban Bitcoin’s Proof of Work

In a recent article in Sweden's liberal news outlet Dagens Nyheter (DN), opinion leaders urge the EU to ban Bitcoin's Proof of Work (PoW)....

How Much Power does it take to Mine a Bitcoin?

How much power does it take to mine a bitcoin? In this assessment we find that an average of 143,000 kWh of energy is...

BTC Miner Earnings: Sats versus USD Per Terahash

Most bitcoin miners gauge their profitability by the daily earnings per terahash (TH) in United States dollar (USD). For example, today's BTC miner earnings...

Bitcoin’s Network Charted: understanding miner trends

Bitcoin is not comparable to traditional markets. Therefore financial analyses and statistical tools do not accurately describe the state of Bitcoin's network. In particular...

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