Bitcoin Halving

Antminer T19 May Not Affect Bitcoin Hash Rate but Keeps Bitmain Ahead

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Earlier this week, Chinese mining-hardware juggernaut Bitmain unveiled its new product, an application-specific integrated circuit called Antminer T19. The Bitcoin (BTC) mining unit is the latest to join the new generation of ASICs — state-of-the-art devices designed to mitigate increased mining difficulty by maximizing the terahashes-per-second output. The Antminer T19 announcement comes amid the post-halving …

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Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex Breach

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Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4 BTC on May 22, in …

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Crypto and Fiat Currencies Are Worlds Apart, Here Are the Reasons Why

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One of the core narratives of Bitcoin (BTC) since inception is the oft-stated goal of separating money and state. While this has certainly been a powerful creed in the currency’s early adoption by the crypto-anarchist and techno-libertarian communities, what does this actually mean? It’s quite simply a call for a neutral form of money. When …

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Spiritual Reflections on the Bitcoin Halving

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Allen Farrington writes at Quillette, Areo and Merion West, as well as extensively on Medium, where he has several much longer essays on Bitcoin, finance, economics and related topics. His collected writings can be found here. He lives in Edinburgh.  At approximately 8:23 p.m. GMT on Monday, May 11, the 630,000th Bitcoin block was mined, …

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Bitcoin Price Ping Pong Within Tighter Range Hinting at $8.5K Next

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The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has seen a spike towards $10,500 before the halving took place on May 11. However, the price of Bitcoin has been having problems since the halving and is currently showing more signs of weakness. On the other hand, altcoins have been starting to show …

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Bitcoin Price Stuck Sideways But Another $10K Retest May Trap Bears

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The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been hovering below the psychological barrier of $10,000. The halving didn’t give the market what they expected as the majority was anticipating a further decline in the price post-halving.  What’s next for the crypto markets? What can be expected from the price of …

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S2F Hopium: Report and Twitter Critics Find Flaws With Bitcoin’s Stock-to-Flow Ratio

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In mid-April, news.Bitcoin.com researched the popular stock-to-flow (S2F), which shows the price of a single bitcoin reaching $55K and even six figures. At the time, analysts questioned measuring bitcoin’s price in this manner and more recently, a few others have been criticizing the method as well. Just recently, a research report written by the author …

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Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In

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Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million on May 12 from $17.16 …

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More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving

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In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn since May 11. Additionally, statistics from Bituniverse’s exchange reserve data indicate …

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$200M Worth of BTC Removed From Exchanges Post-Halving

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Following Bitcoin’s third block halving on May 11, users removed 23,540 Bitcoins (BTC) from online exchanges. This appears to indicate heightened levels of confidence in the asset. It also continues the recent trend of users moving their coins to wallets they control, and away from major centralized exchanges. In the two months since Black Thursday, …

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