Category: Bitcoin Halving 2020

Bitcoin Mining Difficulty Nears All-Time High in Final Adjustment Before Halving

Bitcoin mining difficulty – a measure of how hard it is to compete for block rewards – has neared an all-time high in the network’s last adjustment before the halving happens in roughly seven days. The world’s largest blockchain...

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Bitcoin’s Halving Is Irrelevant for Some Large Traders

Bitcoin’s third halving is less than two weeks away. Google searches indicate an all-time high level of interest in this event, the third in the life of the world’s oldest cryptocurrency. But some traders say the halving won’t be...

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Bitcoin Halving 2020: The ‘Arms Race’ for Miner Efficiency Intensifies

In lead-up to the next bitcoin halving event in May, some bitcoin miners are looking at leveraging what Moore and Carlson describe as “surplus energy” to make operations even more cost-effective. In this episode of the Bitcoin Halving 2020:...

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Bitcoin Rallies 10% Ahead of CME April Futures Expiration

Bitcoin prices spiked to a new monthly high of over $7,725, according to the CoinDesk Bitcoin Price Index. The rally comes on the day before the expiry for CME April bitcoin futures.  According to comments shared with CoinDesk, bitcoin...

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China’s Rainy Season Is Coming. This Time Bitcoin Miners Aren’t Investing

Spring is usually a welcome time of year for bitcoin mining businesses in China. The upcoming rainy season brings excessive hydropower, making electricity cheap and mining more profitable … all else equal. This year, however, two key variables have...

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