bitcoin hash rate

Report: Bitcoin Price To Reach $15,000 After Halving, If It’s To Remain Profitable For Miners

The Bitcoin Halving will take place in May, and its impact raises several valid questions. One of them concerns miners since the block reward will be cut in half, and the hash rate continues accelerating. New research by a popular provider of institutional trading tools indicates that Bitcoin’s price has to increase with up to...
Read More

Bitcoin in 2019: Positive BTC Performance Across the Board

With 2019 ending in a number of hours, here is a look at the positive performance for Bitcoin (BTC) across several network and market parameters. Bitcoin Price up 95% YTD At press time, the Bitcoin price is up by about 95% year-to-date (YTD). After a difficult 2018 that saw the top-ranked crypto drop 72%, BTC...
Read More

Bitcoin Hash Rate Broke a New All-Time High: What Does It Mean?

Data shows that Bitcoin’s hashrate has just hit a new all-time high of 111 EH/s, which represents a 170.73% increase since January 1, 2019.  Bitcoin Hashrate. Source: Blockchain.com Hash rate measures the amount of computing power used by miners to generate new blocks every 10 minutes, keeping the Bitcoin network running at all times, a...
Read More

Chinese BTC Miners Extend Their Share Of Global Hashrate To Two-Thirds

The Chinese BTC miners are now controlling two-thirds of the global hash rate or Bitcoin processing power. According to the Reuters reports, a further explanation of the research by CoinShares was provided and we are reading further in today’s Bitcoin latest news. The report shows that the Chinese BTC miners control 66 percent of Bitcoin’s...
Read More

Bitcoin Hash Rate Approaching 120,000,000 TH/s Amid Market Crash

The Bitcoin Network is about to reach another hash rate milestone despite BTC falling more than $500 in a single day. Network Fundamentals Improving Despite Price Drop Data from Blockchain.com shows the Bitcoin Network hash rate currently at 114 quintillion hashes per second (114 million tera hashes per second — TH/s). This figure represents a...
Read More

5 Reasons to HODL Your Bitcoin Despite the Bearish Market

Forget the recent bearish momentum and Bakkt’s disappointing launch. Here are five reminders of why you should still be HODL’ing your Bitcoin. 1. More Secure Than Ever At the end of last month, despite an extended period of sideways trading, Bitcoin hit its first-ever 100 quintillion hash rate level. On September 26, Bitcoin hit 108...
Read More

Bitcoin Hash Rate Doubles In 24 Hours Despite Market-Wide Drop

The crypto news today show that despite the major drop which occurred yesterday, the Bitcoin hash rate seems to have doubled over the past day. The myths that the hash rate suffered a 40% drop this week are now gone and the most dominant cryptocurrency showed that there are new highs just days after these...
Read More

Plummeted Bitcoin Hash Rate: Coincidence or Conspiration?

Bitcoin’s hash rate has tumbled about 40% on September 23, which is a record. The crash remains unexplained and surprising, given that the hash rate used to move upwards and update the record high again and again. Bitcoin’s (BTC) network hash rate dipped a record 40% on Sept. 23, that pretty much shook the network....
Read More

Bitcoin Halving Could Take Place In April 2020 Due To Hash Rate Increase

According to new data in the latest cryptocurrency news, even 40% of millennials would prefer to invest in crypto assets in the event of a recession. A news release recently shared with some of the leading sites in the crypto industry shows, multi-asset investment platform and social network eToro cited a survey which was conducted...
Read More

Hash Rate Record: Bitcoin Reaches 100,000,000 TH/S

The Bitcoin consolidation period is here – and many best cryptocurrency news sites are reporting about it. According to one analyst, this period could extend and while traders and analysts are looking for the next direction, it could be possible for BTC to drop to as low as $6,500. In the short term, most of...
Read More

While BTC Price Sits at $10,4k-10,5k Levels, Bitcoin Network Set for New Hash Rate Record

Having crossed a 94 quintillion mark, the Bitcoin hash rate is getting closer and closer to a new first-time record of 100 quintillion. Could this mean that a rally is forthcoming? Bitcoin’s general price trajectory in recent times has not been exactly encouraging. Recently, the price successfully has hit the $10,000 mark, a point where...
Read More

Bitcoin Network Computing Power Nears 90 Quintillion H/s

The Bitcoin network computing power is in the latest cryptocurrency news for growing about 25% in a single week. According to data from the monitoring resource Blockchain, Bitcoin’s hash rate is now at 87 quintillion hashes per second (h/s) as of September 3. The figure managed to pass 80 quintillion h/s for the first time...
Read More

Bitcoin’s Blockchain Reaches New Records As The Price Goes Sideways

Interest in bitcoin futures trading is continuing to grow and as a result, the Chicago Mercantile Exchange (CME) is recording new numbers for the contracts trading and breaks records as we are reading in the coming altcoin news below. The CME data shows that the interest in bitcoin futures trading is not only confined in...
Read More

Bitcoin Miners Made $14 Billion So Far By Securing The Network

The Bitcoin and altcoin news yesterday took the world by storm. As we reported, the market lost more than $20 billion in one day, but analysts still see this as a good buying opportunity for those who want to make the most of BTC as an investment. In fact, 36 hours ago, we saw Bitcoin...
Read More