[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…
[Apr 8, 2023 3:57 AM] Bitcoin mining difficulty continues to break records despite the struggles of BTC to surpass the $30,000 resistance mark. The leading coin has attracted the interest of miners in recent months due to the price recovery experienced since the turn of…
[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…
[Jan 20, 2023 3:50 AM] The Bitcoin hash rate is trending at near all-time highs, per on-chain data on January 20, 2023. Bitcoin Hash Rate at 274 EH/s According to streams from BitInfoCharts, the Bitcoin network currently has a hash rate of 274 EH/s, up by almost one…
[Dec 27, 2022 5:00 PM] The bitcoin mining hashrate took a sharp nosedive as a historical storm tore through multiple US states. This saw power grids consolidate power to be able to provide enough energy for residents to heat their homes and some mining operations had to…
[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…
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