Bitcoin Halving

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Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong

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The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the 120 exahash per second (EH/s) zone. On July 13, … Read more

Demand for Bitcoin Will See a Dramatic Shift in 8 Years – Retail Addresses to Eat up Entire New Supply

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A recent report from ZUBR Research explains that by 2028, retail demand for bitcoin will exceed the supply. The report highlights that in eight years as Bitcoin’s supply rate decreases “retail size addresses [will] begin to eat up all the new supply alone.” Even the next halving in 2024 could see retail accounting for acquiring … Read more

Average Price of Bitcoin More Than Quadrupled Between Reward Halvings

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Investing in bitcoin has been somewhat of a phenomenon, as millions of individuals have invested funds into the crypto-economy since at least 2010. One specific and lucrative method of investment is dollar-cost averaging. If an individual was to invest $10 a week into purchasing bitcoins since July 2010, the $5,130 USD (overall cost of investment) … Read more

Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex Breach

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Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4 BTC on May 22, in … Read more