blockchain

Bitcoin (BTC) pump to $18k pushes miner revenues to pre-halving levels

The recent BTC run has borne good news for two important parts of the Bitcoin ecosystem — investors and miners.
The post Bitcoin (BTC) pump to $18k pushes miner revenues to pre-halving levels appeared first on CryptoSlate. …

blockchain

Chinese Bitcoin Miners Can’t Pay Power Companies as Government Reportedly Freezes Bank Cards

Chinese Bitcoin miners are reportedly facing difficulties paying their electricity bills. The reason is that the government is freezing accounts associated with the cryptocurrency. …

blockchain

Despite Market Carnage, This Key Metric Shows Bitcoin Remains Bullish

Bitcoin hasn’t done too hot over the past day. The cryptocurrency, after trending higher and higher throughout all of last week, crashed as low as $8,150 on Sunday, plunging from the $9,200 price point established just 24 hours prior to the low. This strong crash, which comes as bulls were starting to re-enter the market, […]

blockchain

Bitcoin Hashrate Hits New All-Time-High As Miners Remain Bullish

Bitcoin’s hash rate just hit another new all-time high of 136 EH/s, an indication that miners are not backing out despite the recent selling pressure which led to a slump in the price of BTC last week. Miners Are Bullish On Bitcoin Data on Blockchain.com suggests that Bitcoin’s hash rate has been increasing steadily since […]

blockchain

These Factors May Push Bitcoin Halving Forward by Weeks

In the cryptocurrency industry at least, it’s pretty widely understood that the Bitcoin halving is due to take place in May 2020. However, that might not actually be the case. Surging hash rate and recent mining difficulty adjustments mean that miners will solve remaining blocks quicker than expected. Some analysts are now eyeing the end […]