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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?
BCH, BSV Block Halvings Will Force Miners to Bitcoin (BTC) — Report
31.3.2020
Bitcoin will take miner resources away from Bitcoin Cash and Bitcoin SV next month, but the picture is far from rosy, warns Coin Metrics
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...
400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020
29.3.2020
San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s...
‘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...
No Tax for You: Why Crypto Traders and Miners Might Head to Portugal
28.3.2020
Zero taxes for crypto traders and miners: Is Portugal poised to become a Bitcoin tax haven?
Are Miners Waiting for Bitcoin to Hit Breakeven Point?
27.3.2020
Johnson Xu is the Chief Analyst at TokenInsight, a token data and rating agency.
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The sharp market downturn in mid-March 2020 forced some Bitcoin (BTC) miners to switch off their mining rigs. As a result, the Bitcoin network hash rate plummeted to ~75.8 EH/s. After reaching its lowest recent...
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...
Panic in Bitcoin Market 'Dissipating,' Miners Returning
27.3.2020
Bitcoin (BTC) on-chain activity and again increasing hashrate suggest positive moves in the market and the largest cryptocurrency network, according to blockchain analysis firm Glassnode.
With the price stabilizing and investors slowing down the portfolios readjustments, on-chain activity has seen...
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...
Miners Are Selling More Bitcoin Than They Are Mining
26.3.2020
While bitcoin looks set to prolong its recent bullish moves, those responsible for making new bitcoin have increased their selling
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...
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....
Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners
23.3.2020
The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets
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
Customized Crypto Options Seeing Record Demand From Funds, Miners, Says GSR
20.3.2020
The Hong Kong-based firm is seeing soaring interest in its customizable options contracts amid high price volatility
Relief to Bitcoin Miners as Difficulty Set For Largest Drop in Five Months
19.3.2020
Bitcoin (BTC) mining difficulty is now estimated to drop in six days, offering relief to miners, squeezed by the market crash and the current record-high mining difficulty.
The next adjustment will see the difficulty, a measure that shows how hard it is to compete for mining rewards, go down...
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)...
NVIDIA Calls on GPU Miners to Combat Coronavirus
16.3.2020
The U.S. chip manufacturer launched a proposal to relocate unused GPU power to support COVID-19 research