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“# No gear, no problem! 3 ways to earn Bitcoin through cloud mining and staking ” Bitcoin’s (BTC) rapid recovery above $46,000 has renewed calls for a $100,000 BTC price by the end of 2021, while the effects of China’s crackdown on the mining industry are slowly beginning to fade as the Bitcoin network hash…
“# Bitcoin mining difficulty jumps a second time as miners settle offshore ” The mining difficulty of the Bitcoin network took a dive after China had announced a crackdown on mining operations, which at its peak contributed to three-quarters of the global hash rate. The latest data from BTC.com shows an ongoing spike in Bitcoin’s mining…
“# Bitcoin SV rocked by three 51% attacks in as many months ” Bitcoin Satoshi’s Vision, the fork of another Bitcoin (BTC) fork, has for the third time in three months suffered a blockchain reorganization (reorg) attack. With a call to all stakeholders to mark the malicious network branch as invalid, Bitcoin SV (BSV) developers…
“# Active Bitcoin addresses surged 30% in late July, data shows ” Amid a renewed bullish trend on the cryptocurrency markets over the past few weeks, more users have moved into trading Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization. Data from blockchain analytics platform Glassnode shows that Bitcoin has seen a notable surge…
“# Bitcoin hash rate rebounds as major miners are coming back online ” China’s stringent crypto regulations meant closing shop for many Chinese businesses within the Bitcoin (BTC) mining ecosystem. The sudden disappearance of Bitcoin miners from the grid resulted in falling hash rates. The hashing performance, the cumulative computing power of the Bitcoin network, dropped…
“# BTC price burns bears en route to $40K: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is nearing $40,000 this Monday as a new week gets underway with a bang for bulls. A calm but confident weekend culminated in a dramatic run-up overnight Sunday, with BTC/USD swiftly nearing the top of…
“# New DeFi futures to enable hedging against Bitcoin mining difficulty ” Decentralized derivatives exchange SynFutures announced a new product called Bitcoin (BTC) Hash Rate Futures that uses the biggest cryptocurrency’s ever-changing mining difficulty as a basis to open long or short positions. Touted as fully decentralized hash rate futures, SynFutures’ new offering would let…
“# 3 reasons why Bitcoin Standard Hashrate (BTCST) price rallied by 50% ” China’s ongoing crackdown on Bitcoin (BTC) mining resulted in a mass relocation of mining operations out of the country and it has led to a more than fifty percent drawdown in the Bitcoin network hashrate from an all-time high of 197.9 exahash…
“# Bitcoin mining difficulty drops for fourth time in a row ” Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin (BTC) continues getting easier as BTC has experienced another mining difficulty drop. On July 18, the Bitcoin network posted its fourth consecutive negative adjustment of mining difficulty, dropping 4.8%, according to…
“# New project aims to bring global crypto miners to Russia ” A major cryptocurrency and blockchain association in Russia is launching a project to bring global crypto mining operations to the country amid a Chinese crypto mining crackdown. The Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain, or RACIB, announced an initiative aimed at…