Public Bitcoin miners’ hash rate is booming — But is it actually bearish for BTC price?
Efforts to keep Bitcoin mining operations afloat may end up pushing the spot BTC price even lower.
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Bitcoin price rises above $19.6K as US dollar strength falls to 3-week lows
Dollar weakness shows instant results for BTC price strength, with local highs coming back in for a test.
Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash
On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13…
Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft
The lower house of Russian parliament, the State Duma, has voted against a piece of legislation designed to regulate cryptocurrency mining. While lawmakers turned down that proposal, which also aimed…
Least volatile ‘Uptober’ ever — 5 things to know in Bitcoin this week
October 2022 has yet to prove itself as analysts predict "wild" Bitcoin price volatility for November.
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a…
Kazakhstan among top 3 Bitcoin mining destinations after US and China
The top three countries contributing to the Bitcoin hash rate continue to eat away the share of other players, such as Malaysia, Germany and Iran.
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty
Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto…
Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study…
Celsius Network defaults on payments to Core Scientific, causing financial unrest
Core Scientific claims to be losing approximately $53,000 per day to cover the increased electricity tariffs that Celsius refuses to pay.
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