Market Wrap: Bitcoin Volatility Higher Than S&P 500 Again but Lower Than Oil

In the ever-curiouser markets of 2020, bitcoin is only slightly more volatile than the S&P 500 and nowhere close to the bumpy ride oil has been on.In early trading at 00:00 UTC, the world’s oldest cryptocurrency was in $8,800 territory [...]

2020-05-05T20:46:41+00:00May 5th, 2020|Bitcoin|

How the World’s Largest Mining Pool Is Helping Miners ‘De-Risk’

"There have been days that F2Pool has lost 100 BTC in terms of having to pay miners without mining blocks themselves, but over a long period of time and with a significant amount of network hashrate those ups and downs [...]

2020-05-02T14:00:00+00:00May 2nd, 2020|Bitcoin|

Bitcoin Miners Usually Create 6 Blocks per Hour. They Just Banged Out 16

In an unusual deviation from the norm, bitcoin miners just produced 16 blocks in 63 minutes, according to the Blockstream bitcoin block explorer. Four of the new blocks were reported within 46 seconds at 19:02 UTC on Friday.Each new bitcoin [...]

2020-05-01T21:21:20+00:00May 1st, 2020|Bitcoin|

Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving

With bitcoin's price jumping to a two-month high above $9,000, even mining equipment thought obsolete is becoming profitable again, at least for a short time.According to the miner profitability index, tracked by mining pools PoolIn and F2Pool, older mining rigs, [...]

2020-04-30T10:41:24+00:00April 30th, 2020|Bitcoin|
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