Increases – DIGIT INFO

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

DIGIT — Thu, 22 Dec 2022 15:30:17 +0000

Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than previously expected inflation in Europe ahead. ‘We Have No Choice But […]

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Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022

DIGIT — Tue, 06 Dec 2022 06:30:28 +0000

On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners Catch a Break as the Network’s Difficulty Drops […]

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Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’

DIGIT — Mon, 21 Nov 2022 08:00:21 +0000

On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current 36.95 trillion. Bitcoin Difficulty Reaches All-Time High Nearing […]

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Bitcoin’s Mining Difficulty Shrinks for the First Time in 4 Weeks

DIGIT — Mon, 07 Nov 2022 16:00:51 +0000

Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the difficulty rating two weeks prior. The drop is the first mining difficulty decrease in four weeks, as the metric changed from 36.84 trillion to 36.76 trillion. Bitcoin Miners Catch a Miniscule Break as the Network’s […]

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Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget Increase

DIGIT — Mon, 10 Oct 2022 14:00:50 +0000

Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty increased 13.55% higher at block height 758,016 as it printed the highest difficulty rise recorded this year. It’s Now 13.55% […]

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Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 Months

DIGIT — Wed, 28 Sep 2022 14:00:57 +0000

Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining difficulty’s all-time high (ATH) that took place on September 13. Bitcoin Difficulty Slides […]

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Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike

DIGIT — Tue, 19 Apr 2022 16:00:16 +0000

The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation plaguing the U.S […]

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Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days

DIGIT — Sun, 27 Mar 2022 22:30:24 +0000

The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last 24 hours, as the valuation stands at $2.1 trillion today. Furthermore, the price of bitcoin jumped over the $46K zone on Sunday as […]

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P2P Cryptocurrency Lending Grows Increasingly Popular in China

DIGIT — Wed, 22 Aug 2018 22:45:58 +0000

China is reportedly witnessing a surge in peer-to-peer (P2P) cryptocurrency lending amid the country’s recent liquidity crunch and the virtual currency markets’ bear season. Despite regulatory uncertainty, entrepreneurs are reportedly eying opportunities in the nascent industry. Also Read: Theories Abound After BTC Leaps While Bitmex is Down Peer-to-Peer Cryptocurrency Lending Gains Popularity in China During Bear […]

The post P2P Cryptocurrency Lending Grows Increasingly Popular in China appeared first on Bitcoin News.

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Bitcoin Mining News: Brookstone to Build Wind Farm in Morocco, Québec Increases Rates

DIGIT — Sat, 28 Jul 2018 10:45:41 +0000

In recent mining news, Brookstone Partners has announced its intention to build a 900-megawatt wind farm in Dakhla, Morocco, Hydro-Québec has been given permission to charge cryptocurrency miners increased rates, and DMG has begun installing its 85-megawatt substation in Canada. Also Read: Crowd Psychology Driving BTC Prices, Finance Experts Say Brookstone Partners Plans 900 MW Wind […]

The post Bitcoin Mining News: Brookstone to Build Wind Farm in Morocco, Québec Increases Rates appeared first on Bitcoin News.

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