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Crypto Derivatives Exchange FTX Launches Bitcoin Hashrate Futures


On Friday, Cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk. Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network....

Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving


Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...

Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In


Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...

Some Bitcoin Miners Flock to Bitcoin Cash And Bitcoin SV


While it might take weeks until we have a clear picture of the Bitcoin network after its third halving, it looks like some of its miners have already turned to Bitcoin Cash (BCH) and Bitcoin SV (BSV). BCH saw its hashrate almost doubling on the day of BTC's halving, on May 11. As reported, after...

Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole


The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...

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