Foundry USA becomes second-largest Bitcoin mining pool amid China ban
New York-based Foundry USA contributed to a 15.42% share of the network hash rate and is just 4,000 PH/s behind AntPool. Go to Source Powered by WPeMatico
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‘Resistance is futile’ — 5 things to watch in Bitcoin this week
A surprise surge greets BTC hodlers at the start of the new week with $65,000 suddenly returning overnight. Go to Source Powered by WPeMatico
Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars
PrimeBlock’s CEO was involved in the $98 billion direct listing for Coinbase that Goldman Sachs was leading. Go to Source Powered by WPeMatico
Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years
Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate. Go to Source Powered by WPeMatico
US dominates global Bitcoin hash rate distribution after China crackdown
The United States now accounts for more than a third of the total Bitcoin mining activity with Kazakhstan and Russia also becoming major locations. Go to Source Powered by WPeMatico
China’s crypto ban: Buy the dip or cause for concern?
China’s regulatory policies toward crypto used to be a major factor in market activity. Go to Source Powered by WPeMatico
Amount of ETH held by miners reaches highest level since 2016
Ethereum miners are reluctant to sell their assets and appear to expect further price increases. Go to Source Powered by WPeMatico
Hash rate and difficulty rebound shows miners have recovered from China exodus
Bitcoin mining profitability is up 275% since before the May 2020 halving. Go to Source Powered by WPeMatico
Bitcoin mining difficulty surges 31% since July
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs. Go to Source Powered by WPeMatico
Miners have accumulated $600M worth of Bitcoin since Feb
Bitcoin miners appear reluctant to sell their BTC as hashrate increases despite the recent sell-off. Go to Source Powered by WPeMatico
