hashrate
Bitcoin Price Fundamentals Show Bullish Divergence, Ethereum to Follow Closely
Bitcoin’s hashrate also reached a new all-time high this week, with the average hashrate surpassing 140EH/S.
Bitcoin Hashrate Resumes More Than Doubles Amid BTC Being up by More Than 441% since the Halving
Bitcoin’s hashrate has been on the right footing because it has resumed more than doubled after falling by 50% amid intensified crypto mining crackdowns by Chinese authorities.
Bitcoin Hashrate Has Almost Completely Recovered after Dropped by 93%
Bitcoin miners have been on the right footing after relocating other areas like the United States, Kazakhstan, and Iraq because the hashrate has nearly fully recovered based on a 93% surge.
Bitcoin’s Hashrate Edges Closer to the 30-Day Moving Average, Suggesting a Bullish Crossover
Bitcoin miners seem to be on the right footing as the hashrate is on an upward trajectory after nosediving by more than 50%.
Ex-IMF Top Economist Shortlisted to Lead Roxe's CBDC Pursuit
Former IMF economist Andreas Jobst will lead Roxe's CBDC Solutions built to leverage the Bitcoin hashrate.
Google Search Trends Show a Strong Correlation with Bitcoin Price
Google search trends have been positively correlated with Bitcoin price based on the current market trend.
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.
Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR
A new review on financial stability published by the Russian apex bank on Thursday showcases that the crypto savvy population in the country has transacted more than 350 billion rubles, or $5 billion.
Spanish Lawmaker Tables a Proposal to be Bitcoin Mining Hub after Kazakhstan Internet Shutdown
Maria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub following the turmoil that was continually rocking Kazakhstan.
US Now Ranks Ahead of China in Total Bitcoin Mining Servers Hosted
The United States now ranks as the largest Bitcoin mining hub, ahead of China with 35.4% of the global hash rate as of the end of August.
Bitcoin's Hashrate Recovers and Hits New ATH at 182.01 EH/s
BTC miners have been able to dust themselves off following China's intensified crackdown, given that the hashrate reached historic highs of 182.01 EH/s.
Bitcoin Perpetual Swaps Open Interest Hits the Highest Point Since Mid-April by Topping the $16B Mark
Bitcoin (BTC) has been experiencing an uptick in activities with perpetual swaps open interest recording a 5-month high.
Long-Term Bitcoin Holder Supply Shock Hits a Record-High, Suggesting Price Could Surge in Months
On-chain analyst Will Clemente believes Bitcoin might witness a significant price appreciation in coming months based on the long-term holder supply shock.
Mining Valuations in Focus: Bitdeer and Sphere 3D Lead November's Stock Insights
The November valuation analysis of Bitcoin mining stocks reveals significant disparities, with Bitdeer undervalued and Marathon overvalued, while Sphere 3D offers a bargain despite limited growth prospects.
Bitcoin Mining Geographical Distribution Shifts as U.S. Becoming the Biggest Beneficiary
BTC mining is becoming more geographically distributed after China's clampdown on Bitcoin mining recently.
Bitcoin Mining Pools Negatively Impacted as Northwest China Undergoes a Complete Blackout
The hashrate of various Bitcoin (BTC) mining pools dropped based on the blackout experienced in Northwest China, as acknowledged by pseudonymous Chinese journalist Wu Blockchain.
Bitcoin Miners’ Wallet Net Flows Are Increasingly Turning Negative
Bitcoin (BTC) experienced a sharp correction that drove the price to lows of $30k . Some analysts believe that Bitcoin miners have been on the receiving end because the recent market crash slashed their profit margins.
Total Fees Paid on Bitcoin Network Hit Monthly Low, Hashrate Records Historic Highs
Bitcoin’s friendliness in terms of the low transaction fees paid to use its network continues because it hit a monthly low.
Bitcoin Mining Difficulty Hits a 7-Year High
Bitcoin Mining Difficulty hit a 7-year high recently.
Bitcoin’s Hashrate Rebounding after Engaging a 50% Drop
Bitcoin’s hashrate seems to be on an upward trajectory after nosediving by 50% amid an intensified crackdown on crypto mining by Chinese authorities.
Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth
In December 2023, Bitfarms reported a productive month with 446 BTC mined, $18.9M in revenue from BTC sales, and a $84M year-end cash reserve.
Bitcoin Network Difficulty Level Attains New ATH of 29.794T
The Bitcoin network has grown in difficulty yet again as it recorded a new All-Time High (ATH) of 29.794T.
Bitcoin Mining Might Become More Easier and Lucrative Following China’s Crackdown
While Chinese authorities were intensifying the Bitcoin (BTC) mining crackdown, some crypto experts believe this might be a blessing in disguise to this sector.
Matrixport: Jihan Wu's Spin Off Start-up Meeting Demand for Cryptocurrency Services Beyond Bitmain's Mining Ecosystem
Cynthia Wu is the Head of Business Development and Sales at Matrixport where she is also focused on building business for Cactus Custody and managing Matrixport’s key investor relations. In this first part of our exclusive interview, Wu shares her insights with Blockchain.News on the state of the Bitcoin mining, the surge in Bitcoin’s Hashrate and the potential impact that the coming Bitcoin halving will have on Bitcoin miners.
Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT
Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.
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.
Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter
Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.
Why Early Bitcoin Investors "Were not as Lucky” - Crypto Advocate
Bitcoin advocate Pierre Rochard believes those adopting Bitcoin today are luckier than those who adopted the cryptocurrency earlier.
Oct 08 Trading Analysis: BTC will dance to the U.S. elections beat...
Markets overreacted earlier in the week to Trump walking away from COVID stimulus negotiations. For me, it was clearly a negotiating tactic. Clearly, that was the case with Trump ready to sign for Stimulus Checks yesterday and Pelosi and Mnuchin discussing airline relief later today.
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".
Oct 16 Trading Analysis: President Xi's Yawnfest...
In October last year, President Xi made a speech on blockchain that pumped Bitcoin over 40%. There was also some additional evidence for some "blockbuster headline" today with Shenzhen offering $10mil RMB worth of digital currencies to its people reported earlier in the week. Hence, the unusual expectations for Xi to announce something related to blockchain or BTC today. Unfortunately, he did not pump our bags. Instead, he was trying to hype Shenzhen as a serious contender to HK. Boring.
European Crypto Miners Share Insights About Their Local Mining Industry
dGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.
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).
Trump Handed Digital Future to China by Going After Bitcoin, Bolton's Book Reveals
President Trump’s opposition to Bitcoin and cryptocurrencies is well documented as is his determination to maintain the US Dollar's global status. According to a passage from ex-national security advisor John Bolton’s book—Trump’s administration has actually handed Bitcoin and Ethereum a huge advantage over other cryptocurrencies.