According to data collected by BTC.com, the difficulty of mining Bitcoin (BTC) has recently dropped significantly. The hash rate fell 5.63 percent to 83.15 trillion as a result of this latest update. At a block height of 842,688, the modification was made, and the average hash rate was 646.96 EH/s.
Avalon A15 series, with the A1566 serving as the flagship model, was recently revealed by Canaan, a well-known producer of bitcoin mining equipment. With statistics including an exceptional energy efficiency ratio of 18.5J/T, computational power of 185T, and a power usage of 3420W, the Avalon A15 series represents a major
Lucie, a marketing specialist for Shiba Inu, has recently emphasized the importance for SHIB enthusiasts to stay vigilant of the meme coin’s performance, particularly in relation to Bitcoin, the leading cryptocurrency. This advice comes as both digital assets displayed similar price movements during a market-wide rebound, suggesting a closely intertwined
Retik Finance (RETIK) emerges as a revolutionary force in the decentralized finance (DeFi) space as the crypto market braces for the anticipated bull run post-Bitcoin halving. Poised for its grand launch on May 21, 2024, Retik Finance is not just any DeFi platform; it’s a game-changer that can reshape how
The onset of 2024 brought with it the hype of an impending bull run, embracing a diverse range of participants including new explorers, established institutions, and investors. Events starting from the debut of spot Bitcoin ETFs in the US, BTC’s new ATH at $73K, Ethereum’s Dencun, memecoin frenzy, and Bitcoin
Bitcoin (BTC) eased its bearish week by rebounding above $64,000 after a 1.5% spike in the last 24 hours. Last week, BTC dipped to its 10-week low of $56,552. BTC laid a “bullish hammer” weekly candle, closing the week positively. Notably, a bullish hammer candle often indicates the possibility of
The Bitcoin network has hit a monumental milestone, processing its one billionth transactions. This historic event took place as transaction 1,000,000,000 was mined into block 842,241 on May 5, as per data from Clark Moody’s Bitcoin dashboard. Since Satoshi Nakamoto mined the network’s first block on January 3, 2009, Bitcoin
BlockDAG has dwarfed the competition in the crypto market with a staggering $22.6 million presale. Even as the Bitcoin Minetrix presale ends, reflecting a tumultuous period for crypto investments, BlockDAG’s robust sales and innovative X1 awaited launch signal a new era of growth and investor confidence in the blockchain domain.
The crypto market cap plummeted by 6% yesterday, led by Bitcoin’s fall below $60,000 for the first time in weeks. The Hong Kong ETFs started decently well. However, the actual bull run is expected to begin after the Bitcoin halving has yet to begin. During these corrections, when fear exceeds
In the first quarter of 2024, the crypto sphere found itself navigating turbulent waters, with Bitcoin’s highly anticipated halving event failing to produce the expected bullish momentum. The onset of may brought with it a continuation of this bearish sentiment, as Bitcoin plummeted to a two-month low of $56,486, marking
