Is a Bitcoin ‘death spiral’ imminent following yesterday’s massive difficulty adjustment?

Bitcoin experienced two massive mining difficulty adjustments recently. Is this something to be concerned about? Before the recent halving, many were prophesying a so-called “death spiral” for Bitcoin. This theory hinges on the idea that the halving of the block reward leads to an exodus of miners due to the sudden unprofitability of mining activities. […]

Continue Reading

DCG’s Foundry to finance Bitmain customers in North America

The new partnership targets Bitmain’s end customers. China’s mining giant Bitmain has entered a new partnership to streamline its operations in North America. As Bitmain officially announced on Sept. 10, the company has officially partnered with Foundry, a wholly-owned crypto mining subsidiary of major cryptocurrency firm, Digital Currency Group, or DCG. Within the partnership, Foundry […]

Continue Reading

‘Struggling’ Bitcoin sets a new all-time hashrate record, breaking the 150 TH/s plateau for the first time

“In Bitcoin we trust”, say miners unfazed by the market. Bitcoin’s price decreased by $2,000 in the past few days, yet the network’s hashrate has set a new all-time high, breaking the 150 TH/s plateau for the first time in its history.  Bitcoin hashrate. Source: Glassnode. Hashrate is a key indicator when determining the health […]

Continue Reading
Page 1 of 36
1 2 3 4 5 6 36