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Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners

Source Node: https://news.bitcoin.com/bitcoins-hashrate-slides-15-in-10-days-price-and-difficulty-puts-pressure-on-btc-miners/

Time Stamp: January 10, 2022 6:30 PM - Modified On: January 10, 2022 - Published By:

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Republished By Plato

The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashrate has dropped from over 200 exahash per second (EH/s) to 174 EH/s losing roughly 15% in ten days. Civil Unrest in Kazakhstan Leads to Hashrate Loss Speculation, Kazakhstan’s Bitcoin Miners Say Issues Did Not Affect Them This week the civil unrest in Kazakhstan caused a

How Miners Can Hedge Their Inventory to Increase Return on Investment

Source Node: https://cointelegraph.com/news/how-miners-can-hedge-their-inventory-to-increase-return-on-investment

Time Stamp: August 9, 2020 7:30 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

To a newcomer, crypto mining may sound deceptively easy — essentially, a way to switch on a machine, walk away and watch the lucrative crypto rewards roll in. But the reality is a little more complicated.The oldest and most powerful crypto out there, Bitcoin (BTC), uses a proof-of-work algorithm to ensure it’s blockchain’s security, and plenty of other influential cryptos have followed suit. Miners in PoW protocols receive a crypto reward whenever they’re the first to submit a correct answer to the cryptographic math problem that seals each new block

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Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners

How Miners Can Hedge Their Inventory to Increase Return on Investment

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