Bitcoin’s mining power and network difficulty surged to highs this week, as market optimism for a bull rally grows ahead of US interest rate decisions to be made at the September 16-17 FOMC meeting.
Recently, Bitcoin has staged a strong rebound, lifting overall market sentiment. Driven by improving macroeconomic conditions ...
Bitcoin operations remain big business. As an example, although it is hitting headlines for a different issue (cornaviruses), when it comes to producing Bitcoin, China is the pre-eminent, global power ...
Veteran investor Fred Krueger recently slammed Bitcoin mining, as the reward has declined 8 times and the difficulty has risen 1 million times. Bitcoin mining is the process of using high-end ...
The latest ban on Bitcoin activity in China generated negative headlines in 2021 but looking back, it was the best thing that could have happened last year. Developments around the global regulation, ...
So, I’ve been looking at BitInfoCharts lately, and it’s kind of wild what you can see there. It’s like a window into the whole Bitcoin world, showing who’s holding what and how things are moving.
“We produced a record 1,245 bitcoin in May, up 77% from last month and 366% from May 2022,” said Fred Thiel, Marathon’s chairman and CEO. “The increased production was due to an increased hash rate ...
Bitcoin mining is the process that keeps the BTC network secure and operational. Bitcoin (BTC) miners collect pending transactions, bundle them into blocks and repeatedly perform hashing attempts ...