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Hashrate
Ethereum Hashrate Reaches All-Time High
Computing power on the network has rebounded from China’s mining crackdown as demand picks up.
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.
Bitcoin Mining Difficulty Rises, Extending Recovery After China Crackdown
The Bitcoin blockchain's mining difficulty increased by 13%, but industry experts say operators are still looking at fat profits ahead.
Bitcoin Miners Hold Onto Rigs, Betting the Bull Run Will Continue
Supply has dried up despite a glut of available bitcoin mining rigs since China’s crackdown in May.
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.
Bitcoin Miners Now Have a Tool to Verify Their Machines' Hashrate
Data for independent ASIC operators is still fairly splintered in terms of transparency. Compass and Navier are hoping to provide a fix.
State of Bitcoin Mining in China as Crackdown Continues
Kevin Zhang, Foundry VP of Business Development, explains the history of China’s crackdowns on cryptocurrencies and mining operations from 2017 to where we are now. “The most recent crackdowns are the hardest we’ve ever seen,” Zhang said miners are headed to Eastern European and Central Asia. But could they return?