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Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers
23.5.2020
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
23.5.2020
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...
People Are Removing the Most Bitcoin From Exchanges Since 2018 Bottom
21.5.2020
Exchange reserves hit an 18-month bottom while miners keep selling despite lower revenues after the halving
Miner Revenues Crash, But This Has Always Marked Bitcoin Price Bottoms
21.5.2020
The drop-off in Bitcoin mining revenue to 2019 levels show a macro bottom for BTC is near as the impact of the halving is starting to be felt
Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
Bitcoin.com’s Mining Video Censored: The Tale of Youtube’s Blatant Censorship and Propaganda
18.5.2020
During the last few years, the Google-owned Youtube platform has been accused of massive censorship and in the last three months, the video streaming business resembles the Ministry of Propaganda, more than an online video-sharing platform. This week Bitcoin.com was also censored for sharing...
Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
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...
Bitcoin Cash and BSV Hash Rates Surge Following BTC Halving
14.5.2020
The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly the same
A Closer Look at the Bitcoin Network’s Post-Halving Hash Rate
13.5.2020
Bitcoin network hash rate experienced some decline, but the first difficulty adjustment post-halving will still see a positive adjustment
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
13.5.2020
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116...
Riot Blockchain’s Bitcoin Mining Revenues in Q1 Rise 70% Year-on-Year
12.5.2020
Biotech firm-turned-Bitcoin miner Riot Blockchain disclosed strong results for Q1 2020 in its latest quarterly report filed with the U.S. Securities and Exchange Commission
Market Wrap: Where Does Bitcoin Go After the Halving?
11.5.2020
With the highly anticipated bitcoin halving reducing new mining supply, what are crypto traders thinking about upcoming market behavior?
Unprofitable Miners Already Leaving Bitcoin Network Ahead of BTC Halving
11.5.2020
The halving is just a few hours away — and many miners are already shutting their soon-to-be unprofitable rigs, says Poolin VP Alejandro De La Torre
Catastrophic Disruption or Healthy Rebalancing? How The Halving Will Impact Miners
9.5.2020
With the Bitcoin halving set to transpire in just a few days, analysts are predicting significant disruptions to mining operations
Top Experts Make Bitcoin Price Predictions as BTC Halving Approaches
8.5.2020
Sentiment seems to be leaning to a big upside for Bitcoin following the looming block reward halving
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,...
Bitcoin Node Count Falls to 3-Year Low Despite Price Surge
6.5.2020
The number of Bitcoin nodes fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer
Major Chinese Crypto Miners Expect Influx of New Bitcoin Buyers
5.5.2020
Several prominent Chinese cryptocurrency miners expect a wave of new Bitcoin buyers following the halving
Bitcoin Mining Difficulty Nears All-Time High in Final Adjustment Before Halving
5.5.2020
Bitcoin mining difficulty increased to 16.10 trillion (T) on Tuesday, close to the network’s all-time high of 16.55 T recorded in March
Binance Pooling Up Mining Game Amid Centralization Concerns
2.5.2020
Does Binance’s venture into mining threaten the integrity of blockchain systems?