As we all know the reward for mining blocks is subject to halving the reward every 210,000 blocks (or every 4 years or so). However, this halving of the amount of mined bitcoins is relatively important for a miner interested in profit, this is because even mining less bitcoin, but with a higher exchange value, …
Reward of Bitcoin Blocks in Dollars Over the Years (2009-2021) Read More »
It had been several months since China talked about putting a squeeze on cryptocurrency mining. In June, it all became official, with entire mining farms being dismantled and relocated. The Hashrate of Bitcoin has gone down 46% from the peak of May 2021. It has gone down to 91,2 EH/s from the maximum of 171,4 …
Bitcoin mining: average 23 minutes per block on 27/06 Read More »
In this article we will see how you can track bitcoin addresses used in ransomware attacks using Python and the PlutoHash platform, which provides up-to-date data extracted from the blockchain. Ransomware is a type of malware that encrypts the files contained in the victim’s device and demands to pay a ransom to unlock them. Businesses, universities, financial institutions and health organizations are …
Clustering Bitcoin Addresses Used in Ransomware with Python Read More »
Marathon Digital Holdings gives in and adopts Taproot From the 6th of May 2021 MARA Pool mined censored blocks in the Bitcoin Blockchain. They were declared as OFAC Compliant. It was noted that some transaction, despite the filters, were coming from transaction traceable to Hydra. The real funny thing is that in order to fight …
Marathon Digital Holdings gives in and adopts Taproot Read More »
What is OFAC? https://home.treasury.gov/policy-issues/office-of-foreign-assets-control-sanctions-programs-and-information The Office of Foreign Assets Control (“OFAC”) of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities related to the proliferation of weapons of …
A trojan horse in the Bitcoin Blockchain? OFAC Compliant Blocks Read More »
Blockchain analysis is the process of inspecting, identifying, grouping, modeling, and visually representing the data contained in the blockchain. As we know, blockchain technology allows us to have a distributed ledger visible and searchable by anyone. Obviously, this feature belongs to public blockchains, the discourse is relatively different when we are dealing with new-generation blockchains …
BlockSci was designed and built as an open-source software platform for analyzing blockchains. The use cases in blockchain analysis are many, useful applications can be made in both research and business fields. However, BlockSci requires a local setup, which means having to parse the blockchain you want to analyze, which takes time and resources. The …
