The bitcoin mining industry is under pressure as hash price reaches new lows, hash rate hits new all-time highs and the difficulty adjustment keeps going up.
Bitcoin’s hash rate has endured a series of significant price drawdowns only to emerge stronger than ever. We look at potential implications for bitcoin miners.
Analyzing bitcoin derivatives gives a window into the state of the market conditions and can provide clues for when bitcoin has reached an absolute bottom.
August CPI inflation data was worse than expectated and the markets repriced in response. Bitcoin falls more than 10% and the S&P 500 closes down 4.3%.
Ethereum’s switch to proof-of-stake is scheduled for mid-September. What are the possible risks? How does it work compared to Bitcoin’s proof-of-work consensus?
