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 »
Empty Blocks in the Bitcoin Blockchain? In [1]: # First we import blocksci import blocksci # We import Counter from collections, which we will use to count items in the lists we’ll create from collections import Counter # we instantiate the chain object chain = blocksci.Blockchain(“/BlockSci/config_file”) # we also import import pandas as pd import matplotlib.pyplot …
Hallo, for this tutorial we’ll see how to display information about a single block with PlutoHash Jupyter Notebook. First thing to do is to import BlockSci module. #import BlockSci moduleimport blocksci The second thing we need to do is to instantiate the chain object: # instantiate the chain objectchain = blocksci.Blockchain(“/BlockSci/config_file”) Now we select the …
Bitcoin Blockchain specific block data with Jupyter Notebook and Python 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 …
In this post we’ll see how it’s possible, with just a few lines in Python, to analyze how the average daily cost of fees changes over time, from one year to the next but also from one month to the next. As a reminder, we are analyzing the bitcoin blockchain. Let’s start by importing the …
In this simple tutorial we will see how you can observe the fees paid in a specific block by knowing the location of the block in the blockchain. We start by importing the blocksci library and instantiating the blockchain. We import the pandas library to store the data in a pandas.DataFrame, and the seaborn library …
