How Much Power Does Bitcoin Network Consume? Here’s What Glassnode Estimates
Here's some data from Glassnode that reveals estimates related to the power consumption of the Bitcoin network, if all miners ...
Tag: Glassnode
What Is Fueling The Dramatic Rise In Bitcoin Hashrate?
Never mind the price, bitcoin’s hashrate keeps growing and growing. What does the phenomenon mean and why is it happening? ...
Glassnode: Bitcoin Short-Term Holder Profits Have Been Shrinking For 431 Days Now
Data from Glassnode shows the Bitcoin profit in supply held by short-term holders has been going down for 431 days ...
Glassnode: Ethereum Validators Observed Sharp Increase of 11.4k In Sept Alone
Latest data from Glassnode shows that the number of Ethereum validators observed a significant increase this month, adding 11.4k to ...
Glassnode Discusses 4 Phases Of Bitcoin Accumulation & Distribution During Past Year
Glassnode has talked about the four phases of Bitcoin accumulation and distribution during the past year in their latest report. ...
Glassnode Report Shows Previous Bitcoin Surge Was A Bull Trap
In the past few days, some leading cryptocurrencies, such as Bitcoin and Ethereum, have shown a bullish price trend. Some ...
Glassnode: What Bitcoin Long-Term Holder Cost Basis Tells Us About Bear Market Length
Data from Glassnode shows the Bitcoin long-term holder cost basis is currently above the realized price of the crypto. Bitcoin ...
Decline In Bitcoin Active Addresses Suggests Market Is Purging Paperhands
With the bitcoin bull market back in 2021 had come a lot of what is referred to as ‘bitcoin tourists’. ...
