Coin Metrics

Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners

2019 was known for the growing trend of stealth miners mining on the BTC and BCH network. On Dec. 30, data shows that 68% of the Bitcoin Cash network’s hashrate is being mined by mystery miners. As the year comes to an end, the large number of unknown BCH hashrate has attracted scrutiny. Also Read:...
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BCH Is An A-Class Crypto for Auditability

Crypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditability. Taking into account node operation, synchronization, normal operation, code audit and extraction of ledger data, the top 10 cryptocurrencies by market cap were ranked. These were also ranked on ease of ledger reconstruction,...
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Bitcoin Addresses With Any Balance Hit All-Time High

According to data compiled by Coin Metrics, a crypto asset market analysis firm, the number of Bitcoin addresses that hold any amount of satoshis reached a new all-time high between October and November 2019. According to the data, more than 28,393,045 addresses held some balance of bitcoin in that period, eclipsing a previously achieved all-time...
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Bitcoin’s cumulative all-time transaction fees close in on $1 billion

Recently, Coin Metrics published the latest issue of its State of the Network report. One of the many observations it made was that Bitcoin’s cumulative all-time transaction fees had closed in on $1 billion and that its all-time miner revenue, including block rewards and transaction fees, had touched $15 billion on 13 October. However, Bitcoin...
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ERC20 Tether Transactions Flip Their Omni Equivalent

Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the...
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