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US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant

US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: CryptoquantAccording to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control about 40%. Chinese Pools Still Control Majority of Bitcoin Hashrate On Monday, Cryptoquant’s founder Ki Young Ju took to X (formerly known as Twitter) to […]

Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC

2021’s Largest Epoch Drop: Bitcoin Network’s Mining Difficulty Dips Over 12%, Hashrate Nears 200 Exahash

2021’s Largest Epoch Drop: Bitcoin Network’s Mining Difficulty Dips Over 12%, Hashrate Nears 200 ExahashBitcoin’s mining difficulty has seen a massive drop this week, as the metric slid 12.6% and was the largest difficulty drop in 2021. The mining difficulty decline follows the recent electrical outages in China which had affected the network’s hashrate to some degree. Following the difficulty drop, Bitcoin’s hashrate is climbing northbound again nearing the […]

Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC

Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month

Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture .5 Billion in Revenue Last MonthOn Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s hashrate is around 160 exahash per second (EH/s) with 17 pools dedicating hashpower to the […]

Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC