2023-6-20 10:42 |
The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy. origin »
Bitcoin price in Telegram @btc_price_every_hour
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The changing proportion of Bitcoin network hash rate emanating from China can be explained by the inherent flaws in how this data is collected.
2022-5-19 17:00 | |
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China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.
2022-5-18 10:00 | |
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Investors may have been focusing on interest rate hikes and the economic fallout of Russia’s Ukraine invasion, but bitcoin has been subject to other headwinds; cryptos rise post rate hike.
2022-5-5 03:31 | |
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Bitcoin network hash rate hit a new record high, seeing a 400% increase since the mining ban by China last year.
2022-4-29 16:54 | |
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The Bitcoin hash rate has come a long way from the China crackdown that saw it fall by 50% in a matter of weeks. Its recovery has not only been swift but has been strong in the same regard. It continues to do well in terms of growth.
2022-4-8 02:00 | |
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Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but have not seemed to affect bitcoin's price much; cryptos rose slightly as investors waited for the U.
2022-3-16 01:44 | |
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The China bitcoin mining ban that took place mid-last year was no doubt a heavy blow to the space. It saw the hash rate from the region which was once termed the mining capital of the world crumble to almost zero as miners had to shut down their operations.
2022-3-1 02:00 | |
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The Great Mining ban of July had a profound impact on the mining industry as after the ban the Bitcoin network lost more than 50% of its hash rate. The widespread effect was as such that miners frThe post Bitcoin miners finally eradicate China’s dominance from the network appeared first on AMBCrypto.
2022-1-15 15:30 | |
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Hash rate has never looked better, and appetite for accumulating has only grown since China's May mining crackdown.
2021-12-24 18:25 | |
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The global hash rate is approaching an all-time high, as Bitcoin mining resettles in new countries following the vacuum left by China. The post Bitcoin Hash Rate Nears All-Time High as Mining Resettles appeared first on BeInCrypto.
2021-12-10 16:41 | |
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Bitcoin's hash rate has risen over 80% since the Chinese ban on mining and might make a new all-time high soon.
2021-12-1 21:25 | |
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New York-based Foundry USA contributed to a 15.42% share of the network hash rate and is just 4,000 PH/s behind AntPool.
2021-11-21 13:09 | |
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Russia has increased its hash rate because of miners fleeing from China due to the country's ban against Bitcoin mining.
2021-11-1 18:10 | |
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China’s exit from Bitcoin mining is now all but unnoticeable as network fundamentals take care of their own recovery.
2021-10-28 11:13 | |
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The Bitcoin mining industry has moved from China to the U.S. What are the implications for the network, and does price follow hash or does hash follow price?
2021-10-21 06:00 | |
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The United States now has the largest share of the global Bitcoin mining hash rate, as suggested by fresh data compiled by the Cambridge Center for Alternative Finance (CCAF), controlling 35. 4 percent of bitcoin mining operations, reports TheBlock on October 13, 2021.
2021-10-13 19:00 | |
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The United States is now the epicenter for Bitcoin Mining, accounting for 35.4% of the global hash rate at the end of July 2021.
2021-10-13 14:17 | |
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The U.S. now accounts for more than a third of the total Bitcoin mining activity, with Kazakhstan and Russia also becoming major locations.
2021-10-13 14:09 | |
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Bitmain, one of the largest bitcoin mining machine manufacturers, has confirmed that it will stop shipping antminer to mainland China. “From October 11, 2021, Antminer will stop shipping to mainland China (excluding Hong Kong and Taiwan),” said Bitmain in an official statement made on its WeChat account.
2021-10-12 22:22 | |
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Bitcoin mining data from this latest quarter demonstrate that the industry is undergoing a Renaissance spurred by China’s ban.
2021-10-11 19:02 | |
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New York state and Texas account for more than 37% of the hash rate in the USA, according to Foundry USA. The post New York & Texas Gaining Popularity Among Mining Firms Following China Crackdown appeared first on BeInCrypto.
2021-10-10 14:15 | |
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Bitcoin mining profitability is up 275% since before the May 2020 halving.
2021-10-5 06:47 | |
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Launched in China in 2018, SparkPool controls over 22% of Ether’s hash rate as of Monday, second only to Ethermine.
2021-9-28 17:30 | |
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The Ethereum mining hash rate has reached a new all-time-high (ATH) value after completely recovering from China’s crackdowns. Ethereum Mining Hash Rate Makes New ATH The ETH network hash rate has made a new ATH record as the average daily hash rate reached 715k GH/s on Sunday.
2021-9-14 22:00 | |
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Despite reports of increased mining difficulty across major cryptocurrencies increasingly often pointed at the massive Chinese miners’ exodus following crypto mining crackdowns in China, Bitcoin’s hash rate is recovering at an exceptional rate.
2021-8-30 17:09 | |
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The Chinese mining crackdown earlier this year left a deep mark on the Bitcoin industry and network, causing its mining difficulty and hash rate to take a deep dive. As China had contributed to 2/3rdsThe post How is this trend affecting Bitcoin's mining appeared first on AMBCrypto.
2021-8-14 04:00 | |
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The company reported a mining margin of 81%, up from 39% in H1 2020, which further jumped to 83% in July. In late June and July, the miner actually mined more BTC with the same hash power due to a substantial decrease in the global hash rate that led to big changes in mining difficulty after China’s crackdown on crypto mining.
2021-8-10 15:52 | |
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Data compiled by Arcane Research shows the Bitcoin 14-day moving average hash rate now exceeds 100 EH/S – a level last seen in May 2020. From this, the data analysis firm concludes that the China mining exodus is finally complete.
2021-7-28 03:01 | |
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Bitcoin and its network’s hash rate took a huge blow when China “banned” mining in the country. This decision’s impact could be long-lasting and while it did affect the investors, it was the mThe post Bitcoin: These 3 metrics are important to keep track of appeared first on AMBCrypto.
2021-7-27 04:00 | |
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Bitcoin (BTC) has become increasingly easier to mine for the fourth straight difficulty epoch as the network continues to feel the effect of the sweeping crypto mining ban in China. Meanwhile, the hash rate is expected to migrate to the Western hemisphere with mining establishments keen to upscale their operations to cover the temporary voidRead More
2021-7-20 04:00 | |
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With China seemingly out of the equation, North American Bitcoin miners are looking to exert hash rate dominance.
2021-7-19 16:07 | |
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2021-7-10 20:11 | |
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Bitcoin plunged to a record low of $28,000 last week from a record high of $65,000 in April. The cryptocurrency took a beating after China pulled the plug on miners, significantly reducing the BTC hash rate.
2021-7-1 21:13 | |
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The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation.
2021-6-30 02:14 | |
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Increased regulatory scrutiny from China is changing the bitcoin mining landscape. But where will hash rate go?
2021-6-30 21:32 | |
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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.
2021-6-28 15:40 | |
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China’s crackdown on Bitcoin mining sparks a restructuring of the distribution of the ecosystem, impacting the hash rate in the short run.
2021-6-28 15:47 | |
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The great Bitcoin miners migration is well underway. And the network’s total hash rate is showing it in a big way. Currently, the number of terahashes per second is at its lowest level in the last twelve months.
2021-6-25 13:41 | |
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Jim Cramer has disclosed that he has sold “almost all” of his bitcoin holdings. According to Cramer, he said the reason he sold was due to issues surrounding the asset. He cited the recent China crackdowns on mining as one of the reasons he got out.
2021-6-25 20:00 | |
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China's bitcoin mining crackdown has led to Bitmain halting mining rig sales, exodus of miners and decline in the hash rate.
2021-6-24 20:43 | |
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Despite China’s latest strict measures, there hasn't been another surge in the amount of BTC sent by miners to the crypto exchanges for selling ever since peaking last month. Still, BTC held on Binance has climbed to new highs over the last month.
2021-6-23 16:07 | |
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The entire crypto market is down more than 10% in the last two days as China is cracking down on large-scale bitcoin miners. This is no longer FUD as we have observed the hash rate drop to an eight-month low.
2021-6-22 16:42 | |
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Many small and medium-sized operations in China are also not affected. The upside further means the path to recovery is faster, and miner capitulation usually represents the best buy signals in Bitcoin history.
2021-6-22 16:20 | |
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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?
2021-6-22 17:00 | |
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Large scale bans in bitcoin mining in China have seen the mining hash rate hit a three-month low. The post Bitcoin Mining Hash Rate Drops to Lowest in 180 Days appeared first on BeInCrypto.
2021-6-20 16:23 | |
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The latest negative adjustment came after the hash rate dropped, yet again, due to China banning crypto mining operations in Xinjiang, Yunnan, and Qinghai last week. The post Bitcoin Mining Difficulty Falls to January Level Making it Easier to Mine BTC first appeared on BitcoinExchangeGuide.
2021-6-16 17:26 | |
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Bitcoin's price has been going through a volatile phase lately, making the crypto-asset extremely sensitive to all kinds of developments. Previously, the rehashing of China's crypto-ban had contributeThe post Bitcoin: Network hash rate drops after China warns Xinjiang against mining appeared first on AMBCrypto.
2021-6-12 21:30 | |
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Bitcoin price action is what everyone cares most about, however, the health of the network the asset underpins can have a dramatic impact on price action as the market has recently witnessed. A massive drop to the hash rate, China cracking down on miners, and energy FUD all contributed to one of the worst selloffs […]
2021-6-9 18:57 | |
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Chinese Xinjiang with large amounts of fossil resources requires Bitcoin miners to shut down their operations
2021-6-9 11:14 | |
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The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong.
The People’s Bank of China highlights Hong Kong’s active crypto licensing, as well as the prominence of cryptocurrency as an emerging trend in several countries in its recent Financial Stability report.
According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.
People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.
Huang Yiping has expressed concerns about China missing out on financial development opportunities following the nation's ban on cryptocurrencies.
According Xie Ping, to a former official of the People's Bank of China (PBoC), the Digital Yuan is underused by the Chinese.