2020-5-31 15:45 |
The wet season in Sichuan normally leads to a spike in Bitcoin’s hash rate. Will the same happen this year?
origin »Bitcoin price in Telegram @btc_price_every_hour
|
Just after regional authorities reportedly urged Bitcoin miners to reduce electricity consumption in Sichuan — a province that could account for up to 50 percent of global hash power — BTC’s hash rate rocketed to a new all-time high.
2020-1-3 11:27 | |
|
|
The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.
2019-4-23 19:35 | |
|
|
Crypto mining activities have often been called out because of their effects on the environment. However, in recent times, the environment has hit back at crypto mining facilities. Recent floods in Sichuan in China and heat waves in some regions of Europe made the global hash rate drop briefly, reports Financial Times.
2018-7-10 16:34 | |
|
|
Floods in China’s Sichuan province have caused the overall hash rate of the Bitcoin [BTC] to decline. The Sichuan province is known for being on the premier area for mining in China, accounting for over 70% of China’s mining output.
2018-7-3 17:19 | |
|
|
Bitcoin’s price story lately has been told like it only has one main character, the ETFs. Money goes in, price goes up, money goes out, price goes down. It’s a clean narrative, and it’s not wrong, but it’s incomplete, because Bitcoin is not just a ticker.
Trader Plan C recently surfaced a chart indicating a production-cost model placing Bitcoin's marginal mining expense at approximately $67,000, with historical price action showing repeated bounces off that red line.
Trader Plan C recently surfaced a chart indicating a production-cost model placing Bitcoin's marginal mining expense at approximately $67,000, with historical price action showing repeated bounces off that red line.
CleanSpark shares plummeted as investors wait for that earnings report, and with the volatility in the crypto sector, it’s anyone’s guess where the stock might land next.
IREN, once known for mining Bitcoin, is undergoing a dramatic reinvention as an AI infrastructure provider—a transformation that will soon face a critical test.
While price action has always been volatile and, arguably, exciting, the Bitcoin network itself is built to feel boring. Ten minutes per block, tick tock, rinse and repeat, a metronome you can set your watch to.
The euphoria of October’s record highs has evaporated, leaving the industrial backbone of the Bitcoin network facing a brutal reality check. According to CryptoSlate's data, Bitcoin is currently trading near $78,000, a level that represents a punishing decline of more than 38% from its all-time high of over $126,000 just four months ago.