Bitcoin Volatility Falls to Record Low as Hash Rate Tanks
There has never been a quieter period for Bitcoin markets as volatility has declined to an all-time low.
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There has never been a quieter period for Bitcoin markets as volatility has declined to an all-time low.
The metric flashed a buy signal a few months back but has failed to capitalize for the first time.
A tried and tested technical indicator is flashing bad news for BTC miners as a hash ribbon reversal spells a capitulation period ahead.
High hash rate and high difficulty figures have proved to be increasingly painful for Bitcoin miners.
This is the highest increase in the BTC mining difficulty since May of last year.
The fall comes amid a drop in Bitcoin price which has hampered the profitability of the mining process.
The latest jump in Bitcoin difficulty is the second in two weeks.
The hash rate has increased by more than 50% since the mid-July slump.
After several consecutive negative mining difficulty adjustments, bitcoin's network has changed the tides.
Bitcoin mining difficulty was readjusted to a lifetime high of 29.79 trillion while its hash rate also notched an ATH.
The mining difficulty of the world's largest cryptocurrency, Bitcoin (BTC) has never been higher.
Bitcoin's mining difficulty went through another positive readjustment leading to a new ATH, similarly to the hash rate. BTC's price, though, keeps dumping.
Coinciding with the 13th anniversary of the creation of the first Bitcoin block, the network hit an important milestone in terms of its network hash rate.
The bitcoin hash rate is up by 170% in less than half a year and is close to the May all-time high.
Due to its cooler climate and renewable energy, the state of New York is the top choice among US bitcoin miners.
In this article, we review the possible reasons behind BTC's surge - from massive whale purchases to the recovering hash rate and the promising news coming from the US.
A recent report predicts that the network’s energy use will match that of Pakistan by the year’s end.
Bitcoin's network difficulty remains high despite a sharp hash rate decline.
Bitcoin block rewards halving in April may render older mining rigs unprofitable, leading miners to take them offline, says Galaxy Digital.
CleanSpark expands operations with four new mining facilities, boosting hashing power ahead of the Bitcoin halving.
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