Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate
The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s
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Miners
Did BTC Miners Crash Bitcoin Price With 51 Days Before the Halving?
Bitcoin (BTC) price has started to show strength in its recovery since the black Thursday selloff this past week, but is this something we can expect to continue? Or is this a dead cat bounce on the way down to lower lows?In today's analysis I’m looking not only at
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Coronavirus, Upcoming Bitcoin Halving Spell Doom for BTC Miners
According to a Bloomberg report published on March 13, 2020, Bitcoin (BTC) miners the world over are facing a serious crunch in terms of their profit amid the ongoing slump in the price of the premier cryptocurrency fuelled by fears over COVID-19. Bitcoin Miners Facing the Heat Amid the recent dramatic plunge
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Bitcoin Options Volume Sets Record as BTC Miners Hit Breakeven Cost
Bitcoin (BTC) derivatives traders were anything but bearish during Monday’s crash, data reveals — options volumes set a giant $200 million all-time high.According to figures collated by monitoring resource Skew Markets, volatility which saw BTC/USD descend to two-month lows of $7,625 sparked a surge in options trading.BTC options near
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Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone
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No, Concentration Among Miners Isn’t Going to Break Bitcoin
CoinDesk columnist Hasu is a pseudonymous crypto researcher publishing analysis for Deribit Insights and his personal blog. A recent TokenAnalyst report claims a single entity could be in control of around 50 percent of bitcoin’s hashrate. The observation is based on the fact that five large mining pools have launched
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For Crypto Miners, Bitcoin’s Halving Could Mean a Doubling in Costs
Bitcoin investors speculate the upcoming halving could send prices skyrocketing to $90,000 or higher. To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs.In a new report, the crypto-focused research firm TradeBlock estimates the average cost to mine a single
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Blockstack’s Proof of Transfer Would Have Miners Pay BTC to Mint Stacks
Blockstack unveiled a novel consensus mechanism for piggyback blockchains called Proof of Transfer (PoX) on Feb. 6. Instead of relying on its own proof of work, miners under PoX commit Bitcoin (BTC), which circulates in the ecosystem.The system will be used in Blockstack’s proposed Stacks 2.0 blockchain, which is
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3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set
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Ethereum Miners’ ETH Holdings Near Record Highs
Ethereum miners are hoarding ether tokens, and this could indicate high confidence in the project. The number of ether tokens held by all ETH mining pools is back near its all-time-high of 1.69 million ETH set in October, according to crypto market data platform Santiment. The rise from November's low of 1.64
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