Bitcoin’s hashrate is nearing ATHs, most blocks mined in a day since 2019 as “weak” Bitcoin miners return
Bitcoin miners are having a field day; if they are taking advantage of the negative adjusted difficulty, that is. The network’s protocol jumped over the weekend to over 110 terahashes per second (Th/S) at of June 8, just 10 Th/S below its May 12 all-time...
Why the crypto mining industry may see its first big change since 2014
Internal struggles at Bitmain, the biggest Bitcoin mining equipment maker in the world, are persisting.To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In.
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As data shows Bitcoin miners are done selling BTC, crypto fund manager calls it a bullish sign
Weeks after Bitcoin’s now-concluded halving event, data collated by on-chain analytics firm Glassnode shows “weaker” miners might have sold all their digital holdings.Meanwhile, larger, more established players continue to hold their rewards and are presumably adding to their BTC stash each week.Strong miners HODLAs...
Here’s why miners may stop Bitcoin from incurring any upwards momentum
Investors and analysts who had believed that the mining rewards halving would reduce the selling pressure placed on Bitcoin appear to have been proven right, as selling activity from miners has plummeted in recent weeks.To read the rest of this article, join CryptoSlate Edge....
This mining pool’s selling activity suggests Bitcoin is far from being bullish
Behaviors seen amongst Bitcoin miners can provide insights into the state of the crypto market, as they are the collective group responsible for both running the BTC network and placing a steady stream of selling pressure on the market.To read the rest of this...
Coronavirus, the Halving and a Price Drop: Bitcoin Mining Marches On
CoinShares, a New York-based cryptocurrency service that provides advice and other services for investors, released a statement on the state of Bitcoin mining during the global uncertainty caused by the coronavirus, ahead of a planned, more thorough June 2020 mining report.In it, CoinShares’ research...
CryptoMining.Tools Is Building the Bitcoin Mining Community
This is a sponsored article provided by CryptoMining.Tools.At CryptoMining.Tools, aspiring and established bitcoin miners can easily and securely find all of the help they need to not only start their own operations, but to improve efficiency and grow as well.The firm serves several primary...
The Kindest Cut: Why the 2020 Bitcoin Halvening Is the Most Important Yet
In May of 2020, bitcoin will see its next halving: the reduction of the reward for successfully mining a block. The Nakamoto white paper specifies that every 210,000 blocks, the reward for successfully mining a block is cut by half. But while these occur...
Bitcoin Transaction Fees Are Pretty Low Right Now
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified...
Square’s Cash App Adds Option to Buy and Sell Bitcoin
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified...