Bitcoin News Official TheBitTimes.com

Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations. Bitcoin mining firm Marathon Digital has confirmed it mined an invalid  Bitcoin (BTC) block during an “experiment” aimed at optimizing the firm’s operations. In a Sept. 27 post, Marathon said it utilizes a small percentage of the firm’s hashrate toward these experiment s and stressed they weren’t trying to alter the network in any way: “In no way was this experiment an attempt to alter Bitcoin Core in any way.” Marathon said, emphasizing that they corrected the error as soon as they noticed the invalid block. We can confirm that Marathon did mine an invalid block . We utilize a small portion of our hash rate to experiment with our development pool and research potential methods to optimize our operations. The error was the result of an unanticipated bug that came from one of our… — Marathon Digital Holdings (NASDAQ: MARA) (@MarathonDH) September 27, 2023 Marathon said the...

The act of mining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years. A solo Bitcoin miner has managed to solve/mine the 780,112th block in the Bitcoin Blockchain and received a 6.5 Bitcoin (BTC) block reward in return. The estimated value of the payout is over $150,000. The solo miner was also lucky to have produced a valid hash just after two days of the mining, as the event itself is rare and can take months for a solo miner to produce a valid hash. The rare event occurred on March 10 and was only the 270th solo mined block in Bitcoin’s 13-year-long history. The event's rarity could be understood from the fact that a solo miner of this size will usually solve a block on average about once every 10 months. Congratulations to miner39nDQ9BexEBXpRdkHY1z95CaMDEwh6muPW who solved the 270th solo block at https://t.co/UWgBvLkDqc with 6.7PH but doesn't appear to have been mining for very long ...

According to the CEO of Nillion, “decentralization is a spectrum with multiple axes.” Decentralization via blockchain technology has given rise to several applications such as cryptocurrency, nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs), decentralized finance (DeFi), and many more use cases. However, the future of decentralization may very well extend beyond blockchain technology. Nillion, an internet infrastructure platform based on cryptography, has developed a technology called Nil Message Compute (NMC), which changes how data is stored, processed and decentralized. This new technology could have important implications for how companies and users pursue decentralization as an ethos. When asked how de central ization without blockchains was possible, the CEO of Nillion, Alex Page, explained how NMC based-technology takes arbitrary data, transforms and fragments it, and then distributes the resulting particles across a network of nodes.  "The nodes ...