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Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains

The CEO of analytics firm CryptoQuant has explained how the Bitcoin network fundamentals could support a market cap three times the current size. Bitcoin Hashrate/Market Cap Ratio Could Reveal Ceiling For Cycle In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about what the network fundamentals could reveal about how much more market cap Bitcoin can sustain. дальше »

2024-5-9 05:00


Is Bitcoin Mining ‘Dangerously Centralised’? What New Research Shows

Recent findings from BitMEX Research have reignited concerns about the centralization of Bitcoin mining. Their study, which cites insights from Bitcoin analyst Alex Bergeron, points out that a single entity now controls the Coinbase outputs for approximately 47% of the network hashrate—a significant concentration that suggests a shift toward oligopolistic tendencies within the Bitcoin mining […] дальше »

2024-4-30 12:00


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Bitcoin halving: IREN mines 353 BTC in March as monthly revenue jumps

IREN (NASDAQ: IREN), a data center business specializing in Bitcoin mining, and AI, said in its monthly investor update that it successfully mined 353 Bitcoins in March. Bitcoin mining in March The 353 Bitcoins mined by IREN (Iris Energy Limited) just ahead of the halving season were made possible by maintaining an average operating hashrate […] дальше »

2024-4-4 15:59


Bitcoin Difficulty Drops: Miners Hesitant To Expand Ahead Of Halving?

On-chain data shows the Bitcoin difficulty has seen a drop in the latest network adjustment, suggesting the miners have stopped their expansion. Bitcoin Difficulty Drops 1% As Hashrate Remains Flat The “difficulty” is an in-built feature of the Bitcoin network that controls how hard the miners would find it to find blocks on the chain […] дальше »

2024-3-29 02:30


Bitcoin Hashrate Plunges From All-Time High, But Why?

On-chain data shows the Bitcoin mining hashrate has registered a plunge from the fresh all-time high (ATH) it had just recently set. Bitcoin Mining Hashrate Has Dived Down Recently As the Bitcoin network works on the proof-of-work (PoW) consensus mechanism, validators called miners have to compete with each other using computing power to get a […] дальше »

2024-3-19 19:00