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Another Bitcoin Blow As 2nd Largest Crypto Mining Nation, Kazakhstan Cuts Off Mining Energy Supply Till February
Kazakhstan officially shuts down energy for Bitcoin miners till February. The oil-rich nation is struggling to keep up with energy demands as BTC hash rate drops. Kazakhstan may stall bitcoins’ slow recovery with its shut down on mining activities. дальше »
2022-1-26 23:53 | |
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Bitcoin Miners Hold Off On Selling As Their Reserves Reach 2021 High
On-chain data shows Bitcoin miner reserve is growing as miners are accumulating BTC. The Puell Multiple confirms that miners don’t want to sell at the current price level. Bitcoin Miner Reserves Grow To Highest Value For The Year As pointed out by a CryptoQuant post, BTC miner reserve has been going up as miners seem to be waiting before selling. дальше »
2021-12-11 22:00 | |
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On-Chain Data Shows Bitcoin Miners Hold Off On Selling Despite BTC Rallying Above $57k
According to on-chain data, Bitcoin miners seem to be holding off on selling BTC despite the recent rally where the coin has crossed $57k. Bitcoin Miner Reserves Continue To Move Sideways As pointed out by a CryptoQuant post, BTC miner reserves continue to trend sideways amid the coin’s strong move up. дальше »
2021-10-11 22:00 | |
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Bitcoin Bearish Signals Go Off Despite Recovery Above $44k, Dead Cat’s Bounce?
Bitcoin observes a few different bearish signals going off despite strong recovery above $44k, could it be a dead cat’s bounce? On-Chain Data Shows Bitcoin Miners Have Started Selling, Funding Rates Have Turned Negative As explained by a CryptoQuant post, a bunch of bearish Bitcoin signals have gone off despite some fresh movement up. дальше »
2021-9-24 22:00 | |
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Monthly Report: Bitcoin Miners cut off from hydroelectric power in China’s Yingjiang County
Here are the top news from the cryptocurrency industry from this month Hydroelectric plants… The post Monthly Report: Bitcoin Miners cut off from hydroelectric power in China’s Yingjiang County appeared first on Coin Journal. дальше »
2021-8-27 14:49 | |
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Venezuela cut off power to Bitcoin (BTC) mining plants despite legalization
Bitcoin (BTC) miners in one of Venezuela’s most important industrial states, Carabobo, had their electricity cut off by authorities, Criptonoticias reported. On August 7, the regional officials effectively shut down crypto mining operations in the key state by suspending the power supply to all registered miners in the territory. дальше »
2021-8-11 02:05 | |
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London Activated: Ethereum Kicks Off New Journey On Transforming Network
Ethereum London upgrade is now live. The price is also headed north, now 8% up, in the wake of the EIP-1559 upgrade. At the same time, the upgrade is being greeted with optimism across the Ethereum community, though that reaction could be mixed among miners. дальше »
2021-8-6 23:09 | |
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After Chasing Off Bitcoin Miners, China Launches New Test For Digital Yuan
China’s Digital Currency Electronic Payment (DCEP), also called Digital Yuan or e-CNY, will be tested on Beijing’s Subway. The Asian Giant has launched a fresh crackdown on the crypto industry and seems to be preparing for a big move on their DCEP project. дальше »
2021-7-1 17:46 | |
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China turns off its miners - does price follow hash rate or hash rate follow price?
Multiple Bitcoin miners in China's Sichuan province were shut down over the weekend and Bitcoin's hash rate is down almost 30% since May. Will the price fall further as a result - and what is the correlation between hash rate and price? дальше »
2021-6-22 17:00 | |
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Bitcoin Mining In China To Usher Historic Moment, Will BTC Be Affected?
Sino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn off their machines. дальше »
2021-6-20 22:27 | |
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Nicehash Review 2021 – How To Use Nicehash and Is It Profitable?
Mining cryptocurrency is a risky but potentially a very profitable endeavor. Downloading mining software for a certain up-and-coming coin can pay off big time in the long run; early Bitcoin miners who got into it while the difficulty/price were at early 2010’s levels are the best witnesses for that. дальше »
2021-4-20 15:32 | |
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Whales And Miners Face Off Against Elon Musk Bitcoin FOMO, Robinhood Retail
Over the last few days, whales and miners have been depositing the largest amount of Bitcoin this year, yet despite all the selling, price is soaring. The reason? Elon Musk has changed his Twitter bio to include the cryptocurrency’s hashtag and it has ignited a flood of FOMO from retail Robinhood traders seeking free markets. […] дальше »
2021-1-30 23:00 | |
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Bitcoin On-Chain Data Indicates Extreme Profit Taking Underway
Bitcoin has pulled back $10,000 from highs set earlier in the year, and according to on-chain data, it is due to extreme profit taking from early investors and miners. Here’s what past bull markets suggest about the current sell off and if this is an opportunity to “buy the dip,” or if the top is in. дальше »
2021-1-26 18:30 | |
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BREAKING: Bitcoin Miners in China’s Yunnan Province Cut off from Electricity Supply
Chinese Bitcoin Miners in the Dark According to multiple reports from Chinese crypto news sources on Monday, the Yunnan province issued an order for power stations to cease supplying power to Bitcoin (BTC) miners in the region. дальше »
2020-12-1 22:24 | |
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Bitcoin Miners Halt Bull Rally as They Begin Offloading Their BTC Holdings
Bitcoin’s intense rally seen throughout the past few days has slowed down slightly, with buyers finding some resistance around $16,000 The rejection here yesterday wasn’t too intense, but it has kicked off a consolidation phase in the upper-$15,000 region One trend to keep an eye on in the near-term is outflows from miners onto exchanges This trend suggests that miners who have watched their assets appreciate rapidly in value may begin taking some profits off […] дальше »
2020-11-7 21:00 | |
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Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including 100 million rials (about $2,400). дальше »
2020-8-23 16:30 | |
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Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. дальше »
2020-7-15 15:15 | |
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Ethereum Miners Accumulate Over 15,000 ETH; Will Price Follow?
Speculation has been mounting around the upcoming protocol upgrade that Ethereum will go through. However, the price of the smart contracts giant seems to have leveled off as it continues consolidation within a $25 trading range for over the past few weeks. дальше »
2020-6-18 17:55 | |
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Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition
The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once again. дальше »
2020-6-8 17:55 | |
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Bitcoin and Crypto Market Updates by eToro Analyst Simon Peters
Bitcoin halving has come and gone. Many people waited with bated breath for a sudden spike in price, which didn’t happen. In fact, immediately after halving prices dipped a little, possibly as a result of miners selling off. дальше »
2020-5-19 17:29 | |
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Bitcoin's short-term surge has more upsides than anticipated
Bitcoin's price has held up the $9,000 range even after the hashrate fell by 25%+ after the halving. While the drop in hashrate indicated the inefficient miners switching off their equipment, the pricThe post Bitcoin's short-term surge has more upsides than anticipated appeared first on AMBCrypto. дальше »
2020-5-17 22:00 | |
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Bitcoin Halving Effect: Miner Revenue Tanks 60% But Fees Compensating with 168% Spike
Bitcoin halving is past us and during this time there have been some changes in the network. As expected, the hash rate of the network crashed 40% from the all-time high put on the halving day as smaller and less profitable miners turned off their machines after being unprofitable. A decline in hash rate means […] дальше »
2020-5-16 19:32 | |
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Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus paid to miners for solving mathematical puzzles that underpin the […] The post Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving appeared first on Bitcoin News. дальше »
2020-5-12 01:27 | |
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Here’s Why the Bitcoin Halving is Bullish Even if Miners Switch Off
With the latest gains, the price of bitcoin has turned green on a year-to-date basis. Ahead of the third bitcoin halving which is just 17 days away, the price of the leading digital asset has jumped to six weeks high at $7,500 just before the crash on Black Thursday. дальше »
2020-4-25 23:16 | |
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BTC Miners Shrug Off Difficulty Drop But RSI Has Never Been this Weak Before the Halving
Since its sell-off in March, the price of bitcoin has been making a recovery. This positive movement has the miners’ profitability turning positive after being negative following the price crash. As such, the hash rate of the network has increased by 18% since hitting bottom in late March. дальше »
2020-4-14 19:45 | |
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Bitcoin On-Chain Analyst says Miners Sell Pressure Might be Over
Bitcoin has made a good start of a new quarter as Bitcoin price manages to push above $7,000 resistance at two instances. Currently, we are trading at $7,120, up 4. 77%. Just like the price, the network is giving off recovery signals. дальше »
2020-4-6 17:00 | |
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Bitcoin Mining Sell Pressure Waning, Supply Shock To Drive Massive Price Increase
The recent price action in Bitcoin has been particularly devastating to miners who had to turn off their expensive to operate machines after the price of the cryptocurrency fell below the cost of production. дальше »
2020-3-27 19:00 | |
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Хэш-рейт по Bitcoin сократился на рекордные 45%. У майнеров Bitcoin появился уникальный шанс
Хэш-рейт по Bitcoin по сравнению с пиковым значением текущего года упал на 45%, то есть снизился с 136,2 квинтиллиона хэшей в секунду, которые были 1 марта, до 75,7 экзахэш в секунду 26 марта. #bitcoin hash rate is down a whopping 45%!!!! Seems that a lot of miners have turned off their machines at these prices. In… дальше »
2020-3-27 12:00 | |
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Bitcoin miners continue to brush off capitulation concerns
The Bitcoin halving is just under 49 days away and many in the community are very fearful about how miners may react post the much-anticipated event. At the time of writing, Bitcoin was valued at aThe post Bitcoin miners continue to brush off capitulation concerns appeared first on AMBCrypto. дальше »
2020-3-26 20:30 | |
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Prelude to Bull Run: Bitcoin Hash Ribbons Signal Miner Capitulation Only Just Started
Hash rate is plummeting faster than Bitcoin’s price, suggesting that miners are starting to turn off their machines and await higher prices to return. An indicator called Hash Ribbons is signaling that miners are only just beginning to capitulate. дальше »
2020-3-21 19:00 | |
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Bitcoin Miners Are Shutting Off their Rigs as Hash Rate Drops 28% from ATH
The price of Bitcoin is keeping stable at around $5,000, currently trading at $5,325 with 24 hours gains of 5.79%. In the past 24 hours, $1.75 billion worth of bitcoin exchanged hands. The trading volume of the digital currency reached near record highs amidst the deep sell-off last week. On March 12th, bitcoin trading volume […] дальше »
2020-3-18 21:40 | |
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BTC Ready to Take Off? These Bullish Fundamentals Are Driving Bitcoin’s Price Higher
Bitcoin’s hash rate has seen a very significant increase recently although the digital asset crashed down to $8,409 from the high of $10,500 just a few weeks ago. The increase of Bitcoin’s hash rate basically means that miners are dedicating more power and resources to mining Bitcoin, this basically implies that miners believe in the […] дальше »
2020-3-4 23:33 | |
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Bitcoin Miners Set Record Hash Rate Despite Price Recently Experiencing Largest Weekly Drop In Over Two Months
Bitcoin’s hash rate recently reached a new all-time high as the miners clearly shrugged off the market-wide bloodbath seen last week. Yesterday, the global network hit a new record of 136 exahashes per second. дальше »
2020-3-4 20:17 | |
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Ethereum Community Divided Over ProgPoW Implementation; Petition Launched On GitHub
ProgPoW is a hashing system touted to replace the ETHash function, which currently mines Ether in a bid to kill off the Application-Specific Integrated Computing (ASIC) miners and turn mining back to Graphic Processing Units (GPUs). дальше »
2020-2-28 19:53 | |
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