Hashrate
Why Miners Are Accumulating Bitcoin for Collateral
Elite Mining CEO Justin Podhola discusses how his firm is accumulating bitcoin as collateralization amid an emerging mining industry trend. In what situation would miners unravel their crypto holdings and begin putting them back on exchanges? Plus, an update on the hashrate and outlook for bitcoin.
Week in Review: The US Bitcoin ETF Race Heats Up
It’s been a big week for bitcoin, soaring past $60,000 for the first time in almost six months. The “All About Bitcoin” panel reviews events that helped bring BTC to this point, including the fierce U.S. bitcoin ETF race as the first bitcoin futures ETFs will reportedly clear the SEC next week.
Bitcoin Miner Profits Recover
New data on bitcoin mining profitability reveals the Antminer S9 and S19 mining machines have been following the price of bitcoin up in recent weeks. Arcane Research said the increasing bitcoin price coupled with a stagnating hashrate, or blockchain computational power, has made 2021 a lucrative year for bitcoin miners. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
The Great Migration of Crypto Mining Amid China’s Most Severe Crypto Ban
Reacting to the North American mining industry making big investments, Kevin Zhang, Vice President of Business Development at crypto mining advisor Foundry, discusses how China’s crackdowns on crypto mining and trading could contribute. He explains the potential impact of the country’s great bitcoin mining migration and where its miners are heading.
CoinDesk Releases Q3 Bitcoin and Blockchain Industry Report Highlighting Scalability
CoinDesk Research has published its latest quarterly report for Q3 2021, outlining the trends driving the digital asset markets, focusing on Bitcoin, Ethereum, DeFi and more.
Is Bitcoin Too Big to Fall?
Quantum Economics analyst Jason Deane discusses his outlook for the Bitcoin network, explaining why he believes there's "too much value" and "too much at stake" for it to fall. "It's very, very difficult to stop something that has a full network effect," Deane said. Plus, insights into the global growth of BTC users, the impact of China's mining crackdowns on the hashrate, institutional interest in crypto.
Bitcoin Rises Above $48K as Dollar Drops After Powell’s Dovish Comments
Bitcoin gained Friday, and the U.S. dollar dropped in foreign exchange markets following Federal Reserve Chairman Jerome Powell’s dovish key speech at the U.S. central bank’s annual Jackson Hole conference. CoinDesk’s Galen Moore, Brad Keoun, and Christie Harkin discuss the implications for the crypto markets. Plus, the latest on bitcoin’s hashrate.
Bitcoin Hashrate Heading Up?
A new chart reveals bitcoin's hashrate could be heading up. Industry watchers expect a continued uptrend spurred by the recent bitcoin price rally, with Chinese miners speeding up their migration to alternate jurisdictions and U.S. miners expanding capacity. CoinDesk's Galen Moore breaks down the Chart of the Day.
Hashrate ‘Ribbon Crossings’ Tend to Herald Bitcoin Bull Markets
Under normal historical conditions, with the price of bitcoin and hashrate increasing, the 30-day moving average (MA) sits somewhere above the 60-day MA. When the 30-day MA falls below the 60-day, moments are seen as buying opportunities in the spot markets for bitcoin, a pattern that’s proven relatively consistent over the past 2.5 years.
Compass Mining and Navier Debut New Tool to Help Miners Verify Their Machines’ Hashrate
Compass Mining and mining consultancy Navier announced they are rolling out HashTest, a new tool letting buyers and sellers verify the advertised hashrate of their specialized bitcoin mining machines.
