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Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears
8.5.2020
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8%...
65% of Global Bitcoin Hashrate Concentrated in China
7.5.2020
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...
7 Days Left Until the Great Bitcoin Halving: Hashrate Jumps Over 140 Exahash, Miner’s Hoard
5.5.2020
Just recently the price of bitcoin jumped over the $9,000 per coin zone, but retracted back a hair not too long afterward. On May 3, the research and analysis firm Glassnode reported that the overall BTC hashrate touched another all-time high above 140 exahash per second. As miners continue to hash...
37% Expect Bitcoin's Hashrate to be Higher After Halving: Poll
30.4.2020
About 37% of the crypto community expects BTC’s hashrate to be higher 1 month after the block halving than it currently is
Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase
10.4.2020
The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate...
Bitcoin Cash Lost 66% Of Its Hashrate, Bitcoin SV Miners Leaving Too
10.4.2020
Today, Bitcoin SV (BSV) halved its mining reward for the first time, cutting it to BSV 6.25 (USD 1,195) per block and prompting some miners to leave the network, while Bitcoin Cash (BCH), two days after its first halving, still can't stop its miners from leaving.
BSV saw its hashrate, or...
Bitcoin Cash Could Face 51% Attack for $10,000 in Rented Hashpower
10.4.2020
The drop in the Bitcoin Cash hash rate has left it open to 51% attacks — with rented hash power able to target the coin for under $10,000 per hour
The Bitcoin Cash Network’s Block Reward Officially Halved – Block 630,000 Mined
8.4.2020
On April 8, 2020, the Bitcoin Cash network officially halved as of block 630,000 and BCH miners hashing away at the network will capture 6.25 coins per block going forward. The BCH halving is the first major SHA256 branch to halve its block reward, as BSV and BTC will halve as well within the next...
Bitcoin Hashrate Increases ⅓ in 2 Days — Will BTC Price Follow?
6.4.2020
Bitcoin (BTC) hashrate has increased 33% in just two days while the price of Bitcoin trails behind
'No Bailouts Required' — Bitcoin Difficulty to Rise as Hash Rate Recovers
6.4.2020
Bitcoin solves its own problems once again as hash rate rebounds following March’s price crash to $3,700
The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days
4.4.2020
The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop...
How Bitcoin’s Price Slump Is Changing the Geography of Mining
30.3.2020
Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies
Bitcoin Mining Roundup: BTC Regains 100 Exahash, Miners Close Shop, Pre-Halving Shake-Up
30.3.2020
In 44 days, BTC miners will face the third reward halving as the block subsidy will soon shrink from 12.5 to 6.25 coins per block. Following the market carnage in mid-March, BTC’s hashrate plummeted 44% to a 2020 low of 75 exahash per second (EH/s). Since then the hashrate has climbed back...
Bitcoin Miners Are Selling Coins Faster Than They Can Generate Them
27.3.2020
According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the week of falling prices that followed, bitcoin miners have been struggling. Also read: Bitcoin Hashrate Down 45% – Miners...
Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History
27.3.2020
Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29. The hashrate touched an all-time high of 136 exahash per second (EH/s) but has since dropped to 75 EH/s. Moreover, the crypto network has seen the second-largest difficulty drop since October 2011. Also...
Why Today’s BTC Difficulty Adjustment May Cause the Price to Plunge
25.3.2020
Today’s Bitcoin mining difficulty adjustment may be an ominous sign for its price
Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate
25.3.2020
The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s overall hashrate during the last seven days. Last year analysts noticed a large amount of the hashrate on all three SHA256 networks (BTC, BCH, and BSV) was being...
BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving
16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...
Bitcoin Hashrate, Mining Difficulty Hit New Highs and Inefficient Miners
9.3.2020
As Bitcoin (BTC) mining difficulty and hashrate hit new highs, less efficient miners, hurt by the virus outbreak, new-generation rigs, and falling BTC prices, may be out of business.
Bitcoin mining difficulty, a measure that shows how hard it is to compete for mining rewards, has hit yet another...
Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High
2.3.2020
On Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time high as the overall hashrate touched 136 exahash (EH/s). The record-breaking achievement happened despite the price of BTC dropping below the $9K region throughout the course of the last week....