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As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. At the time of writing, the current speed at which blocks are processed is faster than the typical ten-minute average block intervals … Read more
274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the top crypto assets are … Read more
Bitcoin’s mining difficulty reached a new all-time high at block height 753,984 from 30.97 trillion hashes to 32.05 trillion hashes. After two difficulty increases during the past month, the network’s mining difficulty jumped another 3.45% higher on September 13. Bitcoin’s Difficulty Reaches 32 Trillion The leading cryptocurrency by market capitalization, bitcoin (BTC), is now a … Read more
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second … Read more
Demirors however said she certainly expects “more pain ahead” for tech stocks and crypto as we head closer to recession. Go to Source Powered by WPeMatico
During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy has seen some healing as the market capitalization of all … Read more
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing, … Read more
Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump on April 27, and bitcoin’s value lost 6.2% against the U.S. dollar over the last two weeks. Bitcoin Hashrate Taps … Read more
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase is expected to occur in less than four days. Bitcoin’s Hashrate … Read more
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78% epoch change on February 17. Bitcoin Hashrate Drops From 249 … Read more
