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A Trader’s View on the Bitcoin Halving and Coronavirus


The last time the block reward for Bitcoin mining was halved was in July 2016. Since then, the crypto marketsContinue Reading The post A Trader’s View on the Bitcoin Halving and Coronavirus appeared first on CoinMarketCap Blog

Bitcoin Soars to Its Highest Level Since Crashing in March


Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19...

Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase


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...

The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days


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...

Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving


In 18 days, the Bitcoin Cash (BCH) network will see its next halving as the block reward will decrease from 12.5 to 6.25 coins on or around April 8, 2020. BCH will be the first blockchain out of the top three SHA256 networks to halve as BSV will see a reward reduction two days after […] The...

Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC


On February 7, the blockchain analytics provider Tradeblock published a report about the upcoming BTC reward halving. BTC’s block reward is expected to halve on or around May 12, 2020, and Tradeblock’s report estimates that the cost to mine BTC will be over $12,500 after the halving....

Bitcoin History Part 13: The First Mining Pool


The notion that anyone could solo mine bitcoin – on a CPU no less – seems positively quaint today. But in 2010, this method wasn’t just possible – it was the norm. With an exponentially lower hashrate, less competition and a 50 bitcoin block reward, there was enough pie...

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