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Marathon’s fleet consists of 31,000 active miners producing approximately 3.2 exahashes per second (EH/s). The company received another 15,520 top-tier ASIC miners from Bitmain last month. So far this year it’s taken delivery of 56,826 miners, with another 8,477 on the way. Source
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Last week was challenging for crypto traders, with Sept. 24’s FUD-triggering crypto-ban news out of China wiping out much of the gains investors managed to rake in earlier in the week. Between Sept. 18 and Sept. 25, the top 100 altcoins shed as much as 14.4% of their aggregate value,
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Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the low-$40,000 range and pulled the majority of altcoins down with it. Despite this sharp downturn, a
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Bitcoin saw a significant drop early on Monday, soon after it had looked primed for a convincing move above $50,000. The top cryptocurrency slipped from nearly $49,000 to $45,926 during the early Asian hours and was last seen changing hands near $47,790 – down 1.8% on the day, according to CryptoX
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Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019. Source
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Bitcoin fell Thursday as a plethora of negative fundamentals catalyzed selling sentiments across the entire cryptocurrency market. #1 Overbought The
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The DeFi industry may be booming this year, but a new report shows earnings have fallen despite a huge surge in token prices.The second quarter token report from Bankless, a DeFi focused newsletter from Mythos Capital founder, Ryan Sean Adams, revealed that earnings fell by 42% in the second quarter,
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Quick take:Bitcoin has once again regained a sense of bullishness with a quick move above $9,300. Only time will tell if this move will lead to a retest of $10,000. Bitcoin’s volatility is still low and the last time it was at this level, was November 2018. Back then BTC fell from $6,600
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Bitcoin really hasn’t done too well over the past few days; since the $9,200 peak seen on Saturday, the price of the cryptocurrency crashed as low as $3,800, marking a more-than-50% crash from the weekly high.Unfortunately, a key signal suggests that the prospects of recovery may be diminishing.Related Reading: Crypto
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The premium of bitcoin on Bitfinex has dissolved in recent months. It is trading at a similar price range as spot exchanges and the last time it did, which was in August 2019, a brutal correction followed.There are many factors at play when bitcoin often enters a short-term bear market.
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