Two months after the network's halving event, it's harder than ever to mine bitcoin.
Bitcoin mining is set to get easier, as the network undergoes an expected difficulty adjustment on Tuesday – the first since last week's reward halving.
Bitcoin is rallying again, and some analysts are taking a closer look at data extracted from the underlying blockchain for signals on whether cryptocurrency miners are buying or selling. Or if they're HODLing.
The anemic price action surrounding bitcoin's third halving has led to head-scratching over why the cryptocurrency didn't moon. One possibility: Derivatives are bringing more price discovery.
A coded-in message on the blockchain harked back the the genesis of the original cryptocurrency.
Bitcoin's price volatility has declined following the network's third mining reward halving event on Monday.
The halving buzz may already be dying down as bitcoin's price pulls back just before the event.
A surge in bitcoin derivatives suggests institutional investors are getting bitcoin exposure ahead of the halving, the Chicago exchange says.
With bitcoin's halving event almost upon us, Google Trends shows searches for "halving" or "bitcoin halving" are far higher than for the same event in 2016.
More activity on the bitcoin blockchain means the blockheight, which triggers the halving event, is probably coming faster than anticipated.
Bitcoin has again rallied sharply in the weeks leading up to the impending halving event, but if historic patterns are anything to go by the cryptocurrency could suffer a temporary price pullback following the event.
Bitcoin cooled off after jumping to its highest levels in nearly two months, when it was up as much as $9,478. Yet, stakeholders say crypto interest remains strong.
Older mining models can now earn 10-20% gross margins after bitcoin’s price jumps to two-month highs.
CoinDesk Research presents an in-depth look into one of the largest publicly listed mining companies, Hut 8.
Bitcoin’s third halving is less than two weeks away. Some traders are less than bullish ahead of the event.