Bitcoin miner revenue surges to pre-halving levels
Miners are likely starting to sell some BTC at this point. Go to Source Powered by WPeMatico
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Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity
The Bitcoin network has recently crossed over the 18.5 million mark, as far as the number of bitcoins currently minted into circulation. However, even though over 18 million coins have been minted to-date there’s a number of different elements that affect the distribution of all the coins in existence. Elements that affect bitcoin distribution include … Read more
What death spiral? Bitcoin mining difficulty rises by 9% since halving
Bitcoin mining difficulty has risen by 9% since the May 11 halving, demonstrating that the ecosystem remains healthy despite post-halving miner capitulation fears. Go to Source Powered by WPeMatico
Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Pattern
A look at the difference between halving cycle highs, lows and halving prices delivers huge BTC price targets which their creator cautions are “hopium.” Go to Source Powered by WPeMatico
How to Remain Profitable Through the Halving of Zcash
The upcoming Zcash halving could help ZEC to reduce its annual inflation rate and make the coin more profitable for miners. Go to Source Powered by WPeMatico
Bitcoin Halving and Ethereum 2.0 Bring Big Changes for Crypto Miners
How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry. Go to Source Powered by WPeMatico
Cryptocurrency Mining Profitability in 2020: Is It Possible?
In the emerging global crypto economy, crypto mining is probably going to remain and even become more profitable in the upcoming years. Go to Source Powered by WPeMatico
Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong
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
BTC Rush: High Prospects for Bitcoin Price as Mining Investments Boom
Fresh investments into mining equipment by smaller companies signals an optimistic outlook for the future of Bitcoin. Go to Source Powered by WPeMatico
Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors
Five key fundamental factors suggest that Bitcoin is preparing for an extended uptrend by 2021. Go to Source Powered by WPeMatico
