Forecasting Bitcoin price using quantitative models, Part 4
An intellectual attempt to estimate Bitcoin’s price, corrected according to the hash rate metric. Go to Source Powered by WPeMatico
Hash rate
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Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool
According to Edward Evenson, a Bitcoin miner from Slush Pool, Chinese BTC miners are on the move. Go to Source Powered by WPeMatico
Nvidia extends limits on crypto mining to newest gaming graphics cards
The global head of GeForce marketing at Nvidia said that the reduced hash rate “only applies to newly manufactured cards,” not to GPUs already purchased. Go to Source Powered by WPeMatico
Blockcap plans to have 50K Bitcoin miners operational by 2023
Executive chair and founder Darin Feinstein said the firm plans to make the U.S. a global leader in making blockchain technology mainstream. Go to Source Powered by WPeMatico
Square’s Cash App raises minimum Bitcoin withdrawal to 0.001 BTC
A 0.001 BTC withdrawal is equivalent to around $51.80 based on current prices. Go to Source Powered by WPeMatico
Bitcoin transactions fees in US dollars near all-time high levels
The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate. Go to Source Powered by WPeMatico
Did a massive Chinese power outage cause Bitcoin’s crash down to $50k?
On-chain analyst Willy Woo argues a massive power outage in Chinese mining hub Xinjiang drove Bitcoin’s violent crash down to $50,000. Go to Source Powered by WPeMatico
Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag
The old adage “price follows hash rate” may be about to see one of its biggest tests in the past 12 years. Go to Source Powered by WPeMatico
Bitcoin network’s computing power: Is it an accurate predictor of BTC price?
Drops in Bitcoin’s hash rate coincided with some big BTC price corrections in the past. Go to Source Powered by WPeMatico
Bitcoin miners back hash rate derivative DeFi project on BSC
Standard Hashrate is launching TAU, an algorithmic asset protocol backed by Bitcoin hash rate. Go to Source Powered by WPeMatico
