Bitcoin Network’s Mining Difficulty Expected to See Largest Increase in Over 2 Months – Mining Bitcoin News
Read More
Difficulty
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 users trade on Bitcoin mining difficulty with wrapped
Read More
Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge
Bitcoin’s mining difficulty just reached a record high above 20.6 trillion as more people are mining at a larger scale than ever before thanks to ballooning mining revenue and bitcoin’s parabolic price rally. “A new difficulty all-time high is no surprise considering mining revenue has tripled in recent months,” said
Read More
Are Bitcoin miners bullish? BTC miners face biggest difficulty bump in 3 months
Bitcoin (BTC) mining difficulty is set to rise by roughly 11% on Jan. 9, according to data from BTC.com. This marks the biggest increase in nearly four months that will put the metric over 20 trillion for the first time ever. "Hashrate is on a tear!" commented popular pseudonymous Bitcoin trader
Read More
Bitcoin mining difficulty approaches ATH as price stabilizes above $18K
The price of Bitcoin has reached a two-year high of more than $19,000 and fallen below $17,000 more than once in the span of a week as mining difficulty continues to rise.According to on-chain analytics provider Glassnode, Bitcoin (BTC) mining difficulty increased by 8.9% today, putting the metric within 5%
Read More
Bitcoin’s Mining Difficulty Sees Largest Percentage Drop in 9 Years
Bitcoin’s mining difficulty just recorded its largest percentage decrease since the advent of ASIC mining machines in late 2012, dropping by just over 16% and giving miners a reason to celebrate as their profitability is set to increase significantly.Difficulty dropped to 16.787 trillion at around 9:00 UTC on Tuesday, its
Read More
Bitcoin’s “Difficulty Ribbons” Just Entered the Buy Zone for the First Time Since March
Bitcoin’s price action throughout the past 24-hours has been incredibly positive for bulls, as the crypto is now
Read More
Short Calls Fail to Shake Bitcoin Miners Who Push Difficulty to New All-Time High
Currently, Bitcoin traders are overall net long. But talk of a second wave has memories of March’s flash
Read More