Tag Archives: bitcoin hash rate

Bitcoin Rips Above $70,000: Is The Post-Halving Advance Officially On?

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Bitcoin is on a tear, easing past the psychological round number at $70,000. At press time, the world’s most valuable coin is approaching $72,000, a critical resistance level that marks June 2024 highs. Bitcoin Breaks Above $70,000 And Descending Triangle As buyers press on, reversing losses of the second half of last week and soaring… Continue reading Bitcoin Rips Above $70,000: Is The Post-Halving Advance Officially On?→

Bitcoin’s Significant Adjustment: Mining Difficulty Hits 18-Month Low – What’s Next For Miners?

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The Bitcoin mining difficulty has experienced a significant decrease, the largest drop observed in the last 18 months. This change is directly tied to fluctuations in the network’s hash rate, which has dipped below 600 EH/s following the recent halving event. The adjustment, which marks a 5.7% fall in mining difficulty, brings the level down… Continue reading Bitcoin’s Significant Adjustment: Mining Difficulty Hits 18-Month Low – What’s Next For Miners?→