Tagged: hashrate

China’s Bitcoin Mining Crackdown May be Quite Bullish for Global Hashrate Diversification, Expansion of North American BTC Mining: Report

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, notes that in China, Vice Premier Liu He, in a meeting of the Financial Stability and Development Committee, had stated on Friday (May… Read More

Bitcoin Mining Revenue Declines due to Greater Target Hashrate, Higher TX Fees, Lower BTC Spot Price: Report

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, has published their Weekly Hash Report (dated 5/17/2021). As mentioned in BitOoda‘s report, Bitcoin (BTC) “sold off 21% to $46,023 as of 5/16… Read More

Bitcoin Mining Expert Explains why Generating “Clean” BTC Blocks Can Be Extremely Challenging

Zack Voell, a cryptocurrency mining specialist, writes in a blog post published by Compass that block 682,170 was the first “clean” block that was mined by public mining firm Marathon’s new pool. Voell writes in a detailed post from Compass, a “Bitcoin-first” company that aims… Read More

Digital Asset Financial Tech Firm BitOoda Reports Recent Increase in Bitcoin Mining Revenue

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, best-execution brokerage and market analysis, has released their Weekly Hash Report (dated 5/10/2021). As mentioned in the report from BitOoda, Bitcoin (BTC) surged 3% week on week (WoW), “reaching… Read More

Bitcoin Ecosystem Developments are “Supportive of a Long-Term Investment Case” for BTC: Report

Bitcoin (BTC) price dropped 4.2% week on week (WoW), but then managed to recover from a dip on April 26, 2021, to ~$47,000 back to $53,450, the BitOoda team noted in their latest market report. Bitcoin is trading at just over $54,500 at the time… Read More

Global Digital Asset Fintech BitOoda Confirms Bitcoin Mining Revenue Surged along with BTC Price this Week

The team at BitOoda, a global digital asset financial technology and services platform providing “next-gen” risk management solutions, “best-execution” brokerage and expert market analysis, has published their Weekly Hash (3/8/21) Report. The report covers custody battles that are heating up in the crypto space, along… Read More

Bitcoin Mining Industry Updates: Better Reporting Metrics like Hashrate Under Management Needed, Jihan Wu Finally Leaves Bitmain

Crypto billionaire Jihan Wu recently announced his departure from Bitmain, one of the world’s leading Bitcoin mining firms. Bitmain co-founder Micree Zhan has also managed to regain control of the leading Bitcoin mining conglomerate after fellow co-founder Wu tweeted a “coded” message explaining the “end… Read More

There were Over 1 Million Active Bitcoin Addresses in December 2020, Number of BTC Payments Increased Signficantly: Report

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that every month, they look at on-chain (blockchain) data to examine “interesting trends or movements” on the Bitcoin (BTC) network. The daily number of BTC transactions in December 2020… Read More

Bitcoin Mining Might be a Profitable Business in Kazakhstan As Miners May be Within Lowest 5% of Electricity Rates Globally: Report

The team at HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, have released their second installment of the Bitcoin Mining Index…. Read More

Bitcoin Mining Difficulty Approaches All-Time Highs, as Number of BTC Addresses with 1 or More Coins Keeps Rising

Bitcoin (BTC) mining difficulty, which aims to measure the amount of resources needed to compete for mining newly minted BTC, had increased by around 9% in the past 24 hours (at the time of writing). According to data from Glassnode, an on-chain market analysis provider,… Read More

Significant Bitcoin Hashrate Came Offline, Resulting in Major BTC Mining Difficulty Drop

John Lee Quigley, who’s focused on building Bitcoin media and research products at HASHR8 Inc, notes that Bitcoin (BTC) has been trading past the $15,000 mark and appears to be holding its own during the COVID-19 pandemic. Quigley writes in a blog post that it’s… Read More

Coinbase Clarifies it wasn’t Targeted by “Any of the Attack Transactions” on Etherem Classic (ETC) during 51% Attack and Didn’t Lose Funds

San Francisco-based crypto exchange Coinbase claims it wasn’t targeted by “any of the attack transactions and lost no funds” when Ethereum Classic (ETC) recently suffered 51% attacks. A 51% attack on a blockchain or distributed ledger technology (DLT) platform can take place when a malicious… Read More

Digital Assets Derivatives Exchange FTX Introduces Bitcoin (BTC) Hashrate Futures Contracts

Digital assets derivatives exchange FTX has introduced Bitcoin (BTC) hashrate futures. These financial products are being offered, so that BTC miners can hedge against the leading cryptocurrency’s continuous mining difficulty adjustments. The Bitcoin hashrate is the amount of computing power securing the BTC blockchain network… Read More

Riot Blockchain, a US-based Cryptocurrency Mining Firm, Plans to Almost Double its Hashrate Following Bitcoin (BTC) Halving

  US-headquartered cryptocurrency mining firm, Riot Blockchain (NASDAQ: RIOT), recently revealed that it has more than doubled the number of high-end Bitcoin (BTC) miners it operates – which should roughly double its hashrate (amount of computing power) at around the time of the BTC halving…. Read More

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