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Great Migration of Bitcoin Hashpower Sees 50% Of Miners On The Move – A Look At The Magnitude Of This Event On The Market

The largest drop in Bitcoin mining hash power in history – 38% to 49% in total was experienced last week. The event has so far seen 50% of cryptocurrency miners going offline or migrating from China in huge numbers, but is, however, not forcing these miners to spend their accumulated Bitcoins as would be expected. […] дальше »

2021-7-6 16:47


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Bitcoin On-Chain Data Shows Possible Undervaluation of BTC Price

A Bitcoin on-chain metric, the Puell Multiple, temporarily fell to the “undervalued zone” before snapping back as BTC prices recovered, data from GlassNode on July 5 shows. The Puell Indicator Falling in lockstep with Bitcoin Hash Rate According to a screen-grab, the indicator has been used by on-chain analysts to pick out bottoms on severalRead More дальше »

2021-7-5 14:00


Blockware Mining Closes $25M Investment Round, Plans To Triple Hash Rate From Kentucky Facility

Blockware announced on Thursday that a second oversubscribed fundraising round had raised $25 million. Blockware Raise Money In Oversubscribed Round North American bitcoin mining company Blockware Mining today announced that it has raised over $25 million in a second oversubscribed funding round, bringing the company’s total capital raised to more than $32 million. They want […] дальше »

2021-7-2 01:12


Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high

Miners led the charge to one of the biggest sell-offs in recent history, and no one is paying attention to this change in the dynamic of bitcoin hash rate distribution. With China getting serious and banning mining activities in Sichuan, they essentially wiped out 90% of total bitcoin mining activities and forced miners out of […] The post Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high appeared first on ItsBlockchain. дальше »

2021-6-28 15:40


Bit Mining Limited(BTC.COM) Delivers 320 Mining Machines to Kazakhstan and Ships more than 500 Machines to Texas

A leading crypto-mining enterprise, BIT Mining limited, announced today that they have delivered the first batch of machinery to Kazakhstan. This batch consists of 320 machines, and the consecutive batches are estimated to be around 2,600 mining machines, which combined could potentially achieve a maximum hash rate of 102. дальше »

2021-6-22 18:49