China Forces Bitcoin Miners to Scale Down Amid Electricity Shortfall
With the dry season approaching, Bitcoin miners in China’s Sichuan province may be forced to reduce their electricity consumption. Prioritizing Communal Electricity Needs Over Crypto...
Bitcoin Price Forces Small Miners Out, Untagged Wallets Dump $20M
Miners made the biggest withdrawal of funds in 2019, just as Bitcoin price was fighting its last to keep above $8,000. The accelerated selling of rewards may look like an episode of...
Do Bitcoin Miners Influence BTC Price Action?
Recent research has taken a closer look into bitcoin prices and miner flows to crypto exchanges. There have been clear spikes as expected when larger mining pools liquidate but the...
Bitcoin Price Will Not Hit New Lows, Says Leading Crypto Analyst
Bitcoinist Senior Analyst, FilbFilb, believes that the basic rule of supply and demand will prevent Bitcoin from dropping to a new 2019 low. FUD to Drive Bitcoin to a New Bottom?...
Bitcoin Network Hash Rate Climbs to 6-Month High
The Bitcoin hash rate has climbed to its highest level since late October 2018 as the BTC spot price looks to break $5,800. Bitcoin Hash Rate Reaches 4th-Highest-Ever Level Data from...
What’s Next for Bitcoin Miners in 2019 Amid Lower Price?
The year-long bear market finally forced many Bitcoin miners to capitulate by either scaling down or shuttering their operations. However, with the decrease in difficulty, some of...
It’s Now Easier (And More Profitable) to Mine Bitcoin After Difficulty Drop
As Bitcoin mining hash rate has decreased amid lower prices, the mining difficulty has adjusted by design, making it easier to mine bitcoin. Bitcoin mining difficulty adjusts to...
Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead
The recent decline in cryptocurrency prices has cast a shadow on several aspects of the digital currencies space. However, one area where this bearish outlook has not extended to is...
Price Will Catch Up to Bitcoin’s Record Hashrate By Q3: Analyst
Despite the steady decline in Bitcoin prices, the network hashrate continues to increase astronomically. Why are miners contributing more computing power to mine a cryptocurrency that...
Why The Bitcoin Miners Are Destined To Lose The Forking Wars
Excuse me for indulging myself, but there are many points of view towards what may be an impending hard fork for Bitcoin. This may come across as a loosely coherent ramble, but at...
Bitcoin Rises, But What Will Happen in July at the Halving?
Bitcoin is back up! Since our last price piece and Ether’s rise to the top with arguably the largest crowdsale in history, bitcoin has grown by about $9 in price and is getting...
Bitcoin Miners Have Lost Interest In Block Size Debate
Just because mining pools give individual miners the ability to choose Bitcoin Core and Bitcoin classic, does not mean they will be switching over in droves all of a sudden. That...