Category: Hash rate

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Someone Say Bear Market? Bitcoin Sets 3 Huge New Records in 2019

December 27, 2019

Transaction count, USD transaction volume and hash rate are among the wild successes Bitcoin has achieved this year, wholly separate from BTC price. Bitcoin (BTC) was, in fact, anything but bearish in 2019, as new data shows its technical strength has reached levels never seen before. An examination of three metrics — Bitcoin’s transaction count,…
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Bitcoin Hash Rate Record Highs Shows Miners Are Long-Term Bullish

October 24, 2019

Computing resources dedicated to Bitcoin transaction validation is bigger than ever, underscoring miners’ overall bullish sentiment despite the price falling. Bitcoin (BTC) continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance. Hash rate hits all-time highs in October Data from monitoring resource…
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