Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin Network Hashrate Declines Sharply After Brief Uptick […]
South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands at 0.84%, while ETH’s premium is in a similar range. South Korea’s Crypto Premiums Slides When BTC reached its all-time high in March, the leading […]
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $ 1 parity. Charts show the token dipped to a low of $ 0.915 and is now trading at $ 0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $ 0.915 …
The Bitcoin network experienced its second difficulty adjustment post-halving and the most significant reduction this year. Additionally, the network’s total hashrate fell below the 600 exahash per second (EH/s) mark for the first time since late March. Bitcoin Network Sees Significant Reduction in Difficulty and Hashrate Over the forthcoming two weeks, Bitcoin miners will see […]
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites. The Halving Effect Hut […]