Bitcoin hash rate nears record 200EH/s as 100K BTC turns 'illiquid' every month
Hash rate has never looked better, and appetite for accumulating has only grown since China's May mining crackdown.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Hash rate has never looked better, and appetite for accumulating has only grown since China's May mining crackdown.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Strategy's Bitcoin Pile Nears June Record After $76M Purchase
The Bitcoin treasury firm’s holdings bottomed at 840,447 BTC in August. They have since climbed 5,553 BTC, to within 0.2% of the h...
Strategy returns to bitcoin buys, adding $75 million of BTC last week
It's the first week of bitcoin purchases for Strategy in about three weeks.
Ethereum Price Prediction: Can ETH Break $3,000 This Month? Here’s Why It Could
Ethereum price is trading at $2,650, up by more than 3% on the day, after six consecutive green sessions dragged it out of a month...
BTC price nears eight-month high above $85K: Five things to know in Bitcoin this week
Bitcoin hit $85,000 for the first time since January as markets focused on cooling oil prices.
Strategy Founder Michael Saylor Argues Clarity Act Collapse Is a Win
Bitcoin Magazine Strategy Founder Michael Saylor Argues Clarity Act Collapse Is a Win Bitcoin treasury founder and pioneer Michael...
Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade
Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped c...