Bitcoin Mining Hashrate Extends Drawdown, Now Over 8% Down Since All-Time High
On-chain data shows the Bitcoin mining hashrate has continued its decline as the price of the cryptocurrency itself has seen a setback. 7-Day Average Bitcoin Mining Hashrate Down Over 8% Since All-Time High The “mining hashrate” refers to an indicator that keeps track of the total amount of computing power that miners have currently connected […]
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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 […]
On-chain data shows the Bitcoin mining hashrate has neared its all-time high (ATH) as BTC has recovered beyond the $67,000 mark. 7-Day Average Bitcoin Mining Hashrate Has Seen A Surge Recently The “mining hashrate” refers to a metric that keeps track of the total computing power the miners have currently connected with the Bitcoin blockchain. […]
Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto. Litecoin Mining Hashrate And Difficulty Are Currently At New Highs The “mining hashrate” is an indicator that measures the total amount of computing power connected to a crypto […]
Ethereum hashrate has been on the rise in recent times. The cryptocurrency has been one of the most profitable ventures for crypto miners and as more people flocked to enjoy some of the spoils, the hashrate has skyrocketed. It has now hit multiple all-time highs in just the space of May alone. However, the question remains if the price of the digital asset is set to do as well as it has done in terms of its mining hashrate. Ethereum Hashrate Hits New ATH The month of May would prove to be a very good one for Ethereum when it comes to mining. After steadily climbing through the month of....
Data shows the recent Bitcoin hashrate downtrend has lead to the largest negative adjustment in the mining difficulty during the past year. Bitcoin Mining Difficulty Plunges Down As Hashrate Continues To Decline According to the latest weekly report from Arcane Research, Thursday will observe the largest mining difficulty drawdown since the July of 2021. The […]