These Six Mining Charts Illustrate The Bitcoin Bear Market
The bear market cycle is in full effect, and these bits of data from the mining sector illustrate the effects of a depressed bitcoin market. Bitcoin’s price is down roughly…
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The bear market cycle is in full effect, and these bits of data from the mining sector illustrate the effects of a depressed bitcoin market. Bitcoin’s price is down roughly…
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending…
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The…
Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid…
While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of…