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Hashrate
Bitcoin Holds Above $41K as Hashrate Surged to All-Time High
Bitcoin held above the $41,500 resistance level over the weekend after declining from $46,000 last week, and has shown strength this month after a dip to yearly lows of $33,000 in January. The Relative Strength Index (RSI) levels showed readings of 39 Monday, suggesting an end to the weekend slide as hashrates for the Bitcoin network hit lifetime highs. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Iris Energy’s December Hashrate Rises 14% as Revenue Falls Again
The Australian miner continues to build out mining capacity in Canada.
Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Partially Restored
The hashrate of major bitcoin mining pools neared recovery Monday. This comes days after computing power on the network fell following an internet blackout in Kazakhstan, the world’s second-largest bitcoin miner. “The Hash” team discusses the latest development in the bitcoin mining community and what it could speak to about the resiliency of bitcoin.
Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Is Partially Restored
The world’s second-biggest mining country has been engulfed in civil unrest over the past week.
Is the Bitcoin Hashrate Becoming Vulnerable to Geopolitical Risks?
According to MiningPoolStats, hash power commanded by the largest mining pools – a reasonable proxy for overall Bitcoin hashrate – shrank by a hefty 12.7% this week. The leading cause was a political event in Kazakhstan. “All About Bitcoin” fill-in host Galen Moore explains the data in Chart of the Day.
How Has Bitcoin Changed Since the Genesis Block 13 Years Ago?
Bitcoin's hashrate mints a new all-time high as the network celebrates its 13th anniversary of the Genesis Block. Quantum Economics analyst Jason Deane says 200x to 250x of hashrate could be added to the Bitcoin network in 2022. He also discusses the "astronomical" investment in mining equipment right now and his bullish predictions for 2022.
8 Trends That Will Shape Bitcoin Mining in 2022
CoinDesk’s first ever year-end survey of crypto miners reveals a competitive but mature business with potential for merger activity to accelerate.
Could a ‘Santa Claus Rally’ Happen This Year?
Following a week of lower lows for bitcoin, could we expect to see a “Santa Claus Rally” this year? CoinDesk’s Brad Keoun weighs in on his crypto markets analysis and outlook. Plus, tech editor Christie Harkin discusses the latest on bitcoin’s hashrate as it rebounds to levels not seen since before China’s mining crackdown.
Bitcoin Hashrate Approaches Full Recovery From China Crackdown
Miners set up their operations elsewhere.
Is Bitcoin Mining Still Profitable?
Vice President of Business Development at Foundry Jeff Burkey discusses the state of the Bitcoin network and hashrate, along with its mining profitability and difficulty. Plus, insights into the launch of FoundryX, a new marketplace for buying and selling bitcoin mining machines.