2 / 2 Relevant items tagged with #BitcoinHashrate

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Marathon Digital Reports 21% Decline In Bitcoin Production In June

[Jul 6, 2023 9:30 AM] Prominent Bitcoin mining company Marathon Digital Holdings has published its Bitcoin production and mining operation update for June 2023. In the report released yesterday, Marathon revealed that its Bitcoin production decreased by 21% from May due…

Bitcoin Miners Reap Profits As Mining Difficulty Hits 3-Month Low

[May 6, 2023 2:53 AM] Bitcoin miners have received a boost in profits after the scheduled difficulty level adjustment resulted in a positive balance. This is the first time since February that the difficulty, which controls the issuance of coins on the network, has…

Bitcoin Hash Rate Registers New Highs, A Selloff Imminent?

[Jan 27, 2023 2:43 AM] Based on CryptoQuant data, one observer notes that whenever the Bitcoin hash rate records new highs, as is the case in late January 2023, coin prices tend to retrace as the upside momentum fades.  Extending this preview on current BTC rates, the…

For First Time Ever, Bitcoin Hash Ribbon Golden Cross Has Failed

[Dec 5, 2022 3:00 PM] On-chain data shows the Bitcoin Hash Ribbon golden cross has failed to provide an uplift to the price for the first time ever. Bitcoin Hash Ribbons Have Recently Formed A Death Cross As pointed out by an analyst in a CryptoQuant post, the BTC Hash…