Bitcoin’s mining power and network difficulty surged to highs this week, as market optimism for a bull rally grows ahead of US interest rate decisions to be made at the September 16-17 FOMC meeting.
Recently, Bitcoin has staged a strong rebound, lifting overall market sentiment. Driven by improving macroeconomic conditions ...
Bitcoin operations remain big business. As an example, although it is hitting headlines for a different issue (cornaviruses), when it comes to producing Bitcoin, China is the pre-eminent, global power ...
Bitcoin often rebounds toward its energy value after long downtrends, with Capriole’s model pointing to a fair price near $121,000.
The latest ban on Bitcoin activity in China generated negative headlines in 2021 but looking back, it was the best thing that could have happened last year. Developments around the global regulation, ...
So, I’ve been looking at BitInfoCharts lately, and it’s kind of wild what you can see there. It’s like a window into the whole Bitcoin world, showing who’s holding what and how things are moving.
“We produced a record 1,245 bitcoin in May, up 77% from last month and 366% from May 2022,” said Fred Thiel, Marathon’s chairman and CEO. “The increased production was due to an increased hash rate ...