Cryptocurrency News
Recent on-chain data from CryptoQuant indicates a notable uptick in selling activity among Bitcoin miners. Over the last 24 hours, miners have reportedly sold nearly 10,600 BTC, equivalent to approximately $455.8 million. Simultaneously, the Bitcoin network has experienced a 34% decrease in hashrate since last Friday, dropping from a peak […]
The Bitcoin network hashrate always tells an interesting story. Over the course of the weekend, a new all-time high has been reached once again. It is evident that the global interest in mining Bitcoin isn’t slowing down just yet. The Bitcoin Hashrate Continues to Surprise If anything, it only increases […]
The network hashrate of any cryptocurrency can tell an interesting tale. In the case of Ethereum, the hashrate is certainly on the decline as of late, albeit a bounce could be imminent. When looking at the ethereum hashrate chart, a worrisome trend becomes apparent. The Ethereum Hashrate Struggle Continues Just […]
As the year almost comes to a close, there could be some interesting Bitcoin action in the weeks ahead. If the network hashrate is any indication, that activity might not necessarily be positive. In the past few months, the overall Bitcoin hashrate has seen many ups and downs. Highs and […]
A lot of information can be garnered from looking at any cryptocurrency’s network hashrate. In the case of Bitcoin, the opinions regarding this matter have been well-documented over the past few years. Litecoin, on the other hand, has noted a very significant drop in mining power over the past few […]
The curious case of Bitcoin’s hashrate spike and dip continues unabated. Earlier this week, the network lost nearly 25% of its hashpower overnight for no specific reason. While the circumstances remain vague, the network saw a new all-time high hashrate spike in the past day. That in itself shows people […]
These days are quite interesting for the cryptocurrency industry, even if the prices aren’t necessarily heading where most people would like. That situation can always change without too many problems, but it remains to be seen how things will evolve. As far as the Bitcoin hashrate is concerned, it seems […]
Although Proof-of-Work (PoW) has proven through Bitcoin to be the most secure mechanism for securing a blockchain, this past year has shown several hiccups with mining consensus. As PoW problems were continuously revealed and amplified over the course of 2018, the value and success of mining has been increasingly contended. […]
Miners have been attributed to much of the price decline from the US$6,000 range, and they may very well be responsible. When miners flocked to Bitcoin Cash before the SV fork to chase double rewards, Bitcoin started to tumble. As prices continued to drop, so did the number of miners […]
It has been an interesting weekend in the world of cryptocurrency trading. BCHSV, also known as Bitcoin Satoshi’s Vision, is going through a very steep correction once again. Its value continues to decline in both USD and BTC value. The preemptive celebration among BCHABC holders as becoming the “new” BCH […]
Even though there are a lot of debates taking place regarding Bitcoin mining, the network is in a good place. Regardless of energy consumption concerns, the overall hash rate has risen steadily over the past nine months. At this rate, reaching 45 exahash per second will not take all that long. […]