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Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods

Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods

Recent China floods did not affect the Bitcoin network hash rate. However, some miners were not spared as they were wiped out.

UK Research Shows 66% Control of Hash Rate is Coming From China

UK Research Shows 66% Control of Hash Rate is Coming From China

Reporting on a study developed by UK based company CoinShares, as much as 66% of global hash rates come from and are controlled by Chinese Entities.

Bitcoin Hash Rate Reaches Peak Amidst Price Fluctuations

Bitcoin Hash Rate Reaches Peak Amidst Price Fluctuations

The benchmark responsible for the level of confidence that miners have in the Bitcoin network has been seen to reach its all-time high on Thursday.

PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

In stocks, company profit margins and operating expenses are top priorities in fundamental analysis. Fundamental analysis in forex currencies could involve looking at each nation's GDP or country's political health. Commodity fundamental analysis looks at supply, demand, and environmental factors.

Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Although taking a slight dip earlier on in the year, Ether has remained a high performer in 2020, while outpacing the gains made by Bitcoin.

Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike

Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike

Argo Blockchain increased its daily Bitcoin production to 5.7 BTC per day in February, up from 5.4 BTC per day in January, despite a 10% increase in network difficulty.

Bitcoin Halving: Everything You Need to Know in 5 Minutes

Bitcoin Halving: Everything You Need to Know in 5 Minutes

In May 2020, Bitcoin is expected to experience its third halving in history. Bitcoin halving refers to the halving of Bitcoin block rewards, which occurs once every 210,000 blocks created (approximately every 4 years).

Bitdeer Reports Robust Operational Performance for October 2023

Bitdeer Reports Robust Operational Performance for October 2023

Bitdeer Technologies Group, a leading Bitcoin mining company, has seen steady operational performance in October 2023, with strategic developments like Tydal Datacenter construction highlighting its long-term success.

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.

Bitcoin Hash Rate Spikes to All-Time Highs

Bitcoin Hash Rate Spikes to All-Time Highs

Bitcoin's hash rate has hit all-time highs of 398 terahashes per second (TH/s) on March 23, with analysts suggesting miners are turning on their rigs as BTC's price rises. The increase in hash rate is attributed to unused mining inventory coming online and entrepreneurs finding cheap sources of mining. While some have speculated that lower prices forced miners to shut down their rigs, others believe that attractively priced hardware is being bought up by well-capitalized miners.

Amun AG: What are the Top Valuation Approaches for Altcoins?

Amun AG: What are the Top Valuation Approaches for Altcoins?

We continue to explore the top Bitcoin valuation approaches stated in Part 1, which include NVT, NVRV, NVHR, Cost of Mining and Active Address method. In addition, we also looked at the field of altcoin valuation, including Ethereum, top privacy and payment coins.

Bitcoin Flash Crashed to $51K,Triggering a $9.32B Liquidation - What's Next?

Bitcoin Flash Crashed to $51K,Triggering a $9.32B Liquidation - What's Next?

After Bitcoin fell below the previous support level of $60,103 yesterday, it plummeted from $60K to around $51K, incurring a loss of around $9,000 in just four hours and creating the largest reversal record since February.

What Happens When the Bitcoin Blockchain Produces an Empty Block

What Happens When the Bitcoin Blockchain Produces an Empty Block

Accept the oddities: Bitcoin's blockchain has more empty blocks than intended.

Ethereum Classic Hash Rate Surges 200% Ahead of Ethereum Merge

Ethereum Classic Hash Rate Surges 200% Ahead of Ethereum Merge

Ethereum Classic’s hash rate has risen from 30 TH/s to 64 TH/s in the last 30 days. The surge indicates an increased mining activity on the Ethereum Classic network.

The Bitcoin mining community has experienced a 50% increase in revenue through mining

The Bitcoin mining community has experienced a 50% increase in revenue through mining

Bitcoin mining income dropped to $13.6 million on Dec. 28, 2022, putting pressure on mining businesses.

Bitcoin Mining Hits Record High

Bitcoin Mining Hits Record High

Bitcoin’s mining hash rate hit a record 544 EH/s on Dec. 25, but miners face challenges with profitability slumping despite a 150% price surge in 2023.

Publicly Listed Bitcoin Mining Companies Show Steady Increase in Hash Rate

Publicly Listed Bitcoin Mining Companies Show Steady Increase in Hash Rate

Bitcoin mining firms produced more BTC and hashrate in January than December.

May 12: No Hype Needed for BTC

May 12: No Hype Needed for BTC

BTC largely unchanged in the last 24 hours post the halving with hash rate dipping slightly. With the halving behind us now, you've 1,458 days to talk about the next for those suffering from hype withdrawal symptoms. What's more interesting than the halving yesterday was Paul Tudor Jones admitting that he has 1-2% of his assets in bitcoin and that it's a "great speculation".

China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

An interactive map published by the University of Cambridge’s Alternative Finance Center (CCAF) revealed Chinese miners accounted for 65 percent for the global hashing power used by Bitcoin. The CCAF tracked mining data for over a year from websites like BTC.com, ViaBTC, and Poolin, with the premier university claiming the map is the first-of-its-kind effort in visualizing hash power data by geography.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate

MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate

In part two of our interview with Gustave Arentoft, Business Development, Dai Speaker, MakerDAO: he shared with us the significance of the launch of multi-collateral DAI and Dai Savings Rate (DSR), as well as his favourite Dapps which integrates DSR.

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Crypto analyst Willy Woo recently highlighted that with the Bitcoin adoption rate witnessed in history, 30% of the world would own Bitcoin in 4 years' time.

Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism

Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism

New data indicates that institutional clients are increasingly buying Bitcoin via Grayscale Bitcoin Trust despite warning from Goldman Sachs.

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