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 ...
Tag: Bitcoin Miners
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...
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 ...
