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Mining Report

Report: Bitcoin Miners Strengthen Reserves Ahead of Fourth Halving

Report: Bitcoin Miners Strengthen Reserves Ahead of Fourth HalvingAs we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000, with the milestone expected to occur in about a week. Recent data from theminermag.com’s Miner Weekly on Thursday shows that bitcoin miners are conserving their reserves as the event draws close. With Halving on Horizon, […]

Trader Predicts More Rallies for Surging Ethereum Rival, Updates Outlook on Chainlink and Two Additional Altcoins

While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher

While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% HigherBitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around 254.3 exahash per second (EH/s), and block intervals have been faster at 9:41 minutes per block. Bitcoin’s Difficulty […]

Trader Predicts More Rallies for Surging Ethereum Rival, Updates Outlook on Chainlink and Two Additional Altcoins

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for ProfitsWhile bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s) after dropping below the 200 EH/s range six days ago. Bitcoin’s Hashrate Slips Lower […]

Trader Predicts More Rallies for Surging Ethereum Rival, Updates Outlook on Chainlink and Two Additional Altcoins

Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction

Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest ReductionBitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10% lower. Presently, the difficulty change looks as though it could be 2022’s […]

Trader Predicts More Rallies for Surging Ethereum Rival, Updates Outlook on Chainlink and Two Additional Altcoins