Tag: bitcoin hash rate

Apr 28 2022

Bitcoin Network Hash Rate Increases To A New Record High Amid Price Volatility

The hash rate of the Bitcoin network has reached a new high, increasing 400% since China banned Bitcoin mining last year. Even as the price of the top cryptocurrency struggled to break $40K, the hash rate of the Bitcoin (BTC) network reached a new high. On Thursday, the network's hash rate reached a new high […]

Dec 11 2021

Bitcoin Price Analysis: The BTC Coin Drops Below Another Crucial Support Of 0.5 Fibonacci Retracement Level

The BTC coin is still trapped in a correction phase that has dropped below the 0.5 FIB...

Nov 03 2021

Bitcoin Mining Hashrate Continues Recovery, Now Only 16% Away From ATH

Nov 03 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin hash rate btc btcusd

Data shows Bitcoin hashrate has continued its recovery, and is now only 16% away from reaching the all-time high (ATH). Bitcoin Mining Difficulty Observes Eighth Consecutive Increase As Hashrate Continues To Rise As per the latest weekly report from Arcane Research, the BTC mining hashrate has continued its trend of recovery and is now only 16% from the ATH. The "...

Oct 04 2021

Bitcoin Hash Rate Might Make New ATH Soon, What Does It Mean For The Price?

As Bitcoin hash rate continues to rise, a new ATH could soon be in sight. Here's what it might mean for the price based on previous pattern. Bitcoin Hash Rate Continues To Go Up The BTC hash rate has been increasing for the past couple of months after crashing down in June from the all-time-high (ATH) value. The Bitcoin "hash rate"...

Jun 22 2021

Bitcoin Fundamental Tool Produces Worst Reading Since the Bull Run Began

Bitcoin has given the worst Puell Multiple since this bull run began. The coin has been on a downward spiral lately. News of crackdowns out of China. Miners having to find alternate locations for their activities. Mining facilities are airlifting their mining rigs out of China to the U.S. China also issued a ban on...

May 25 2021

Elon Musk Seizes The Opportunity from Beijing’s Bitcoin Mining Crackdown

On Sunday, May 23, Bitcoin (BTC) and the overall crypto market tanked following China's crackdown on Bitcoin miners and traders. Well, owing to new regulatory policies, a lot of Chinese miners have considered shifting their base to Europe or North America. Seeing a major opportunity here, business tycoon Elon Musk has jumped in while recently The post Elon Musk Seizes The Opportunity from...

Oct 27 2020

Despite Minor Sell-Offs, Bitcoin [BTC] Inches Closer to $14K, What’s Next?

Bitcoin has been riding quite high of late. Despite a rather dull performance by Ethereum and the rest of the...

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