2020-5-31 15:45 |
The wet season in Sichuan normally leads to a spike in Bitcoin’s hash rate. Will the same happen this year?
origin »Bitcoin price in Telegram @btc_price_every_hour
|
Just after regional authorities reportedly urged Bitcoin miners to reduce electricity consumption in Sichuan — a province that could account for up to 50 percent of global hash power — BTC’s hash rate rocketed to a new all-time high.
2020-1-3 11:27 | |
|
|
The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.
2019-4-23 19:35 | |
|
|
Crypto mining activities have often been called out because of their effects on the environment. However, in recent times, the environment has hit back at crypto mining facilities. Recent floods in Sichuan in China and heat waves in some regions of Europe made the global hash rate drop briefly, reports Financial Times.
2018-7-10 16:34 | |
|
|
Floods in China’s Sichuan province have caused the overall hash rate of the Bitcoin [BTC] to decline. The Sichuan province is known for being on the premier area for mining in China, accounting for over 70% of China’s mining output.
2018-7-3 17:19 | |
|
|
IREN, once known for mining Bitcoin, is undergoing a dramatic reinvention as an AI infrastructure provider—a transformation that will soon face a critical test.
While price action has always been volatile and, arguably, exciting, the Bitcoin network itself is built to feel boring. Ten minutes per block, tick tock, rinse and repeat, a metronome you can set your watch to.
The euphoria of October’s record highs has evaporated, leaving the industrial backbone of the Bitcoin network facing a brutal reality check. According to CryptoSlate's data, Bitcoin is currently trading near $78,000, a level that represents a punishing decline of more than 38% from its all-time high of over $126,000 just four months ago.
Bitcoin supply guide: cost-basis bands, miner stress, and ETF flow signals Bitcoin is currently trading outside a $93,000–$110,000 cost-basis band that Glassnode frames as an “overhead supply” zone.
Bitcoin Magazine Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC American Bitcoin, a Trump-family-backed miner, has grown its bitcoin holdings to about 5,843 BTC, making it one of the largest corporate holders.
Kingsport City Board of Mayor and Aldermen has approved amendments to zoning rules that make it possible for cryptocurrency mining companies and data centers to operate locally, at a time when noise from such operations has become a contentious issue…
Bitcoin sentiment is stabilizing as prices recover. With hashrate value rebounding, mining regains focus, Anchor Mining users reportedly earned up to $4,535.