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Bitcoin Hash Rate Drop: Miners, the Halving and Coronavirus Suspected

31.3.2020
The upcoming Bitcoin halving, miners’ capitulation and the coronavirus pandemic have all simultaneously affected the network’s hash rate. How long can it last, and what should we expect?

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...

Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K

30.3.2020
Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future...

‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu

28.3.2020
Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central...

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

Bitcoin Halving and COVID-19: Impact on the Value of Bitcoin

25.3.2020
We are fast approaching the event of Bitcoin halving and the turbulence in the economic system created by the coronavirus is bound to have implications for the world’s economy. The various sectors of the economy are reeling under the heat of the COVID-19 and this has led to the many investors panic...

Stocks, Bitcoin Rally on Prospects for US Senate Stimulus Bill

24.3.2020
Financial markets rebounded Tuesday after prospects for a stimulus package out of the U.S. Senate improved. Most cryptocurrencies are gaining, too

Bitcoin’s Approaching ‘Halving,’ Explained

24.3.2020
In May 2020, Bitcoin’s third “halving” will take place. Here’s what you need to know about the most hotly anticipated cryptocurrency event of the year

Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders

24.3.2020
On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins per block to 6.25 coins following the halving. The last time the protocol’s block reward halved was on July 9, 2016, and the global economy looked a whole lot different back then....

Did BTC Miners Crash Bitcoin Price With 51 Days Before the Halving?

22.3.2020
Did miners cause the Bitcoin price crash? Data suggests they may have

Fundstrat & eToro Analysts Predict Coronavirus Crisis May Strengthen Bitcoin

21.3.2020
Fundstrat and eToro market experts look at the long-term effects of the coronavirus on Bitcoin

Genesis Mining: If Economic Crisis Deepens Bitcoin Will Shine as the New Gold

21.3.2020
Philip Salter, head of operations at Genesis Mining, believes thatBitcoin will finally become the new gold in face of economic meltdown

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

20.3.2020
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...

Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms

20.3.2020
On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage last week. The entire cryptoconomy gained a quick $39 billion during Thursday and Friday’s trading sessions and global trade volume has spiked significantly as well....