Bitcoin On-Chain Activity Bleeds Despite Hashrate Growth
Bitcoin on-chain activity has been swinging between green and red for a while. This time around, though, after the price of bitcoin had suffered a tremendous loss, the on-chain activity has turned to the downside once more. The decline has cut across the majority of metrics, leading to as large as double-digit declines in some […]
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On-chain data shows the Bitcoin Hashrate has observed a sharp decline recently and has reversed its growth from the last few weeks. Bitcoin Hashrate Has Plummeted Over The Past Week The “Hashrate” refers to an indicator that keeps track of the total amount of computing power that the miners as a whole have connected to […]
On-chain data shows the 30-day moving average of the Bitcoin mining hashrate is close to setting a new all-time high. Bitcoin Mining Hashrate (30-Day MA) Has Surged Up Recently As pointed out by an analyst in a CryptoQuant post, the BTC mining hashrate has been moving higher in recent days. The “mining hashrate” is an […]
Bitcoin’s hashrate has observed significant growth in 2022 so far, setting a new ATH. Here’s how much each of the largest mining companies have been adding to this increase. Which Bitcoin Mining Company Observed The Biggest Hashrate Growth This Year? As per the latest weekly report from Arcane Research, Riot seems to have added mining […]
The Bitcoin mining sector has seen some major ups and downs in 2021. Cast out from China, a former hub for this activity until very recently, the network’s hashrate dropped it’s yearly low and has been recovering ever since. Related Reading | Bitcoin FOMO: On-Chain Data Suggests Big Accumulation Going On A report by Hashrate Index […]
On-chain data shows the Bitcoin Hashrate has shot up to a new all-time high (ATH), despite the fact that BTC has continued its bearish trajectory. 7-Day Average Bitcoin Hashrate Has Just Set A New Record The “Hashrate” refers to a metric that keeps track of the total amount of computing power that the miners as […]