Mining 23/01/21 14:49 by Bernice Nyambura

China’s Bitcoin Mining Industry Get Hits by Ongoing Global Chip Shortage

A severe global shortage of computer chips used to make bitcoin mining rigs has reduced the production capacity of the rigs in China, which has the world’s biggest BTC mining rigs manufacturing ind...
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Altcoins 21/01/21 13:48 by Samuel Wan

Highly Anticipated Ethereum Fee Model Upgrade is Expected in 2021

High gas prices are a thorny subject for the Ethereum community. The issue gained widespread coverage during the summer of DeFi when demand and network usage were sky-high, resulting in less than pala...
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Mining 20/01/21 22:37 by Nick James

Miners Have Already Earned Over $700 Million In Bitcoin Revenue This Month

While Bitcoin does well in terms of price, mining operations seem to be gaining traction as well. BTC miners have already brought in upwards of $700 million in revenue between January 1st and January...
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Mining 10/01/21 22:00 by Cole Petersen

Bitcoin Miner Activity Suggests a Correction May Be Around the Corner

Bitcoin has seen some turbulence throughout the day as a result of its break below $40,000 This level has long held as support, but the lack of intense buying pressure throughout the day has allowed ...
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Mining 22/12/20 19:43 by Yashu Gola

Bitcoin Miners Turn Savers as Price Hits All-Time High; What It Means

Bitcoin miners used to be the biggest cryptocurrency dumpers when its price traded near all-time highs. Nevertheless, their sentiment has changed drastically in the latest price rally. Data fetched fr...
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Mining 17/12/20 14:12 by Brenda Ngari

2 Reasons Why Scott Minerd Of Guggenheim Believes Bitcoin Should Be Worth $400,000

2020 was clearly an awful year for the world but a breakthrough one for bitcoin. After much speculation that the price of the world’s most valuable crypto would go up than ever before, it finally d...
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Mining 10/12/20 21:00 by Tony Spilotro

Why Massive Bitcoin Miner Outflow Has This Top Quant Analyst “Scared”

Bitcoin price is still hanging onto $18,000 and is only a couple of grand shy of finally taking out $20,000 and beginning the new bull market. But BTC miners that should be holding in advance of mark ...
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Altcoins 04/12/20 17:28 by Samuel Wan

Buterin Wants Ethereum 1.0 Gas Fee Upgrade Despite Beacon Chain Going Live

Ethereum co-founder Vitalik Buterin thanked everyone involved with the beacon chain upgrade, which went live yesterday. After years in the making, Ethereum’s proof-of-stake concept is finally a ...
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Mining 27/11/20 12:44 by Guest Author

The Transcendence Project Introduces a Highly Efficient VIM3-based Crypto Miner, More in Store

TELOS, which is part of the Transcendence project, has made great strides in recent times with new developments as it strives to create decentralized solutions with real-world applications covering di...
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Mining 24/11/20 09:48 by Brenda Ngari

Max Keiser: Institutions Will Purchase Bitcoin Directly From Miners And Box Out The Public As Price Reaches $1M

Amid the COVID-19 crisis, economies worldwide have shuddered and governments have been forced to introduce drastic measures to resuscitate the ailing economy. As a result of this uncertainty, bitcoin...
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Bitcoin 18/11/20 14:12 by Yashu Gola

3 On-Chain Metrics Show Why Bitcoin Price Could Hit $20K

Bitcoin inched towards $18,500 on Tuesday night. A sell-off occurred, and the cryptocurrency lost its support base of $18,000 in the early Wednesday hours. But ahead of the US session, it managed to s...
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Other 13/11/20 20:59 by Olivia Brooke

A significant decline in inflation set to accompany Zcash’s first halving

The first halving of (ZEC) the privacy coin of the Zcash blockchain is only 5 days away. The halving is meant to kick off at 11:58UTC on the 18th of November. The halving will trigger block height at...
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Altcoins 11/11/20 13:36 by Samuel Wan

Why The Ethereum 2.0 Dream is Unravelling Before Our Eyes

No one said Ethereum’s transition to a Proof-of-Stake (PoS) consensus mechanism would be easy. But few could have predicted what we are witnessing today. The Phase 0 launch is already close to a...
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Mining 04/11/20 18:44 by Adrian Klent

Miners’ Influence Over Bitcoin Price Drops Alarmingly – What’s Next?

The price point of Bitcoin is influenced by different fundamental factors and miners’ effect on the price of Bitcoin has begun to slowly diminish, according to new research. Coinmetrics, the on...
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Mining 04/11/20 03:00 by Cole Petersen

Bitcoin Just Saw Its 2nd Largest Negative Mining Difficulty Adjustment Ever

Bitcoin’s rapidly rising price has not matched its hash rate – which is a somewhat unusual occurrence. While the network’s transaction volume and utilization rates remain incredibly ...
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Mining 03/11/20 21:00 by Tony Spilotro

Bitcoin Hash Ribbons Trigger Rare Bull Market Capitulation Signal

An important fundamental health signal of the Bitcoin network just crossed into “capitulation” territory, which in the past was associated with downside risk. However, the tool’s cre...
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Mining 03/11/20 18:15 by Brenda Ngari

Bitcoin Records Largest Mining Difficulty Drop Since 2011. Here’s What It Really Means

Bitcoin just saw its biggest single mining difficulty drop since 2011. According to data from Glassnode, bitcoin’s mining difficulty adjusted downward by roughly 16%, its largest negative adjustmen...
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Mining 28/10/20 13:18 by Samuel Wan

Bitcoin Hashrate Nosedives as Chinese Miners Move On

The last 24-hours has seen the price of Bitcoin up 4% to $13.6k. Despite concerns of being overbought, the number one cryptocurrency continues hurtling towards key resistance at $14k. Source: BTCUSDT...
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Bitcoin 28/10/20 03:52 by Joseph Young

Bitcoin Futures Funding Rate is Going Negative Even as Price Skyrockets

The funding rate of the Bitcoin (BTC) futures market is turning negative as the price of BTC surges. The trend indicates that short contracts are getting squeezed as the dominant cryptocurrency rises....
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Crypto 25/10/20 22:09 by Nick Chong

Filecoin (FIL) Surges 30% Amid Massive Short Squeeze

Filecoin has surged seriously higher over the past few days even while Bitcoin has stalled in the $13,000 range. The price of the leading altcoin recently passed above $35, the highs of the past five ...
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Mining 19/10/20 01:00 by Nick Chong

Filecoin (FIL) Faces a Miner Crisis 72 Hours Into Launch, Analyst Says

Filecoin (FIL) has been one of the most talked-about digital assets of the past week. The cryptocurrency finally launched this week after years of development and after a rapid $200 million ICO in 201...
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Mining 06/10/20 22:11 by Olivia Brooke

Miners Push Ethereum Hash Rate to New Record High Amidst DeFi’s Explosive Dominance

DeFi’s explosive dominance has given room for many Ethereum projects to thrive and the Ethereum network as a beneficiary of this rapid growth has not been left out. Once again, the buildup in netwo...
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Mining 25/09/20 04:00 by Cole Petersen

This Miner-Related Index Shows That the Next Bitcoin Bull Run is Coming

Bitcoin’s price action as of late has done little to offer investors with insights into its near-term outlook. Its price has mainly been oscillating between highs of $11,000 and lows of $10,000, wit...
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Mining 21/09/20 16:08 by Samuel Wan

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 crash fresh on the mind. Source: blockchainwhispers.com The European Centre for Disease ...
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Mining 18/09/20 21:13 by Tony Spilotro

“Unusual” BTC Miner Outflow Could Behind Today’s Bitcoin Price Collapse

Bitcoin as a cryptocurrency underpinning a blockchain network secured by miners leaves the asset’s price susceptible to sell pressure from the very parties that keep it chugging along. It very w...
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Mining 17/09/20 04:00 by Cole Petersen

Bitcoin Miner Outflows a Grave Sign for BTC Despite $11,000 Breakout

Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of $9,900 to highs of over $11,000 that were set today. This strength is somewhat un...
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Mining 16/09/20 00:57 by Olivia Brooke

Mining difficulty to intensify immensely as Bitcoin’s hashrate hits new all-time high

There has been a widespread usage on the Bitcoin network over the past weeks. This is as a result of the investment influx and trading interest, all of which have played a role in Bitcoin’s cur...
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Mining 13/09/20 14:09 by Bernice Nyambura

How Grayscale is leading the Crypto Mining Dominance Shift from China to North America

China is home to the biggest crypto mining industry in the world, despite many other countries implementing strategies to attract more mining firms. The US and Canada have tried since 2018 to chal...
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Mining 09/09/20 12:40 by Brenda Ngari

Bitcoin Miners Aren’t Fazed By This Price Pullback As Hashrate Hits New Record High

The benchmark cryptocurrency has retraced from $12,500 to around $10K over the past couple of weeks. Nevertheless, the hashrate of the bitcoin network —  which is basically the amount of compu...
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Bitcoin 04/09/20 19:00 by Tony Spilotro

Even Bitcoin Fundamentals Are Hinting At a Significant Correction Ahead

Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The drop in price has the cryptocurrency now trading below a key fundamental level. A deep...
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