hash-rate - Blockchain Charts

Litecoin news and discussion

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bitcoin hash rate chart

bitcoin hash rate chart submitted by Hernzzzz to btc [link] [comments]

Bitcoin’s hash rate reaches all-time high as the coin strides up the price chart

Bitcoin’s hash rate reaches all-time high as the coin strides up the price chart submitted by n4bb to CoinPath [link] [comments]

Year in review: "bitcoin cash" hash rate chart

Year in review: submitted by Hernzzzz to btc [link] [comments]

Year in review: "bitcoin cash" hash rate chart

Year in review: submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Vertcoin and Bitcoin mining hash rate distribution (pie chart)

Vertcoin and Bitcoin mining hash rate distribution (pie chart) submitted by lacksfish to vertcoin [link] [comments]

Bitcoin price volatile, but hash rate doesn't care. Log chart last 2 years

Bitcoin price volatile, but hash rate doesn't care. Log chart last 2 years submitted by kosmatos to Bitcoin [link] [comments]

Bitcoin difficulty and hash rate chart

submitted by bitcoinwisdom to Bitcoin [link] [comments]

why is the hash rating only showing at the 10 min mark and not anywhere else or even the hashrate chart /r/Bitcoin

why is the hash rating only showing at the 10 min mark and not anywhere else or even the hashrate chart /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

09-02 10:32 - 'why is the hash rating only showing at the 10 min mark and not anywhere else or even the hashrate chart' (i.redd.it) by /u/alphaslay removed from /r/Bitcoin within 993-1003min

why is the hash rating only showing at the 10 min mark and not anywhere else or even the hashrate chart
Go1dfish undelete link
unreddit undelete link
Author: alphaslay
submitted by removalbot to removalbot [link] [comments]

Bitcoin charts , hash rate , exchange rate and guides

Bitcoin charts , hash rate , exchange rate and guides submitted by vnbitcoin to Bitcoin [link] [comments]

"Asia chooses BCH over BTC," Another article showing how the world is shifting to peer to peer cash over a dead version of Bitcoin

submitted by fart_butt______ to btc [link] [comments]

Bitcoin hash rate hits an all-time high again

Bitcoin hash rate hits an all-time high again submitted by Miladran to Bitcoin [link] [comments]

Compared to Bitcoin, How Decentralized is Bitcoin Cash?

I guess the ultimate gauge for any cryptocurrency would be the degree of permissionlessness that exists within the original platform and continuing protocal.
Would anyone here attempt to argue that Bitcoin cash is as decentralized as Bitcoin? Is that even important to most investors?
Is/can Bitcoin cash moving/move towards a greater degree of decentralization?
submitted by riddeledwitholes to Bitcoincash [link] [comments]

Coronavirus shuts down Chinese Bitcoin mine

Coronavirus shuts down Chinese Bitcoin mine submitted by SaneFive to Coronavirus [link] [comments]

I believe in Bitcoin Cash because it continues to be Bitcoin.

I use and hold Bitcoin Cash. I've sold every sat of BTC for Bitcoin Cash. Every time Bitcoin Cash has been attacked and split, I've converted to BCH as soon as safely possible, doubling my amount of BCH.
BCH has immense value. This value may not be recognized by the current price, but once that value becomes clear to people, the price will reflect that usability.
BTC used to have value around 2013, long before most people realized it. I bought BTC at that time and profited as that value was slowly realized. When BTC developers failed to raise the maximum blocksize to accommodate new user growth, they betrayed the community and capped BTCs value. I sold because that value was being stifled and removed. As BTC becomes unusable with high fees and long transaction times Bitcoin Cash is going to shine.
What is valuable about Bitcoin Cash?
All of the original Bitcoin'ers are BCH supporters aside from a few bad apples with conflicts of interest.
Bitcoin Cash allows anyone to send anyone else 10 cents for 1/5th of one cent. BTC can't do that unless you know a miner personally and ask them for charity to include your transaction for a public relations post. Any BTC wallet amounts lower than the average transaction fee are essentially un-spendable.
Money is just something we collectively believe in. Peer-to-peer electronic cash has to actually work when people use it. BTC holders will get rekt when people realize that it's been corrupted. Store of value coins like BTC are altcoins no matter what price uneducated investors attribute to it. Eventually, what works will survive and what doens't work will die. To new users: welcome to Bitcoin.
submitted by Annapurna317 to btc [link] [comments]

Warning: Blockchain difficulty adjustment affecting price movements

Below are notable difficulty adjustments when hash rate fell and block times become slower for Bitcoin.
  1. 26 Mar 2020 [difficulty adjustment -15.95%, avg block time 11min 54secs]. On the 28th price crashed from $6674 to $6138 ( -8%).
  2. 8 Nov 2019 [difficulty adjustment -7.1%, avg block time 10min 46secs]. On the same day price crashed from $9234 to $8783 ( -4.88%).
  3. The next big adjustment was around Nov to Dec 2018 and there were 3 big adjustments with high block times.

Current situation:
We are 1 day 10 hours from the next difficulty adjustment. Projected difficulty adjustment is -5.61% (https://fork.lol/pow/retarget), which could indicate a small dip. However, take note that the date of last adjustment was the 5th and the 3rd halving was on the 11th, between the 5th to the 11th there was increased hashrate from miners trying to mine the final week of 12.5btc that offset the really slow block times after the halving. Therefore it will be the next difficulty adjustment after the one on the 20th that will completely reflect the slower block times after the halving. Currently the median block time taken on the 17th was around 14min (-28.5% difficulty adjustment).
For people who do not understand blockchain, basically with the Bitcoin 3rd halving, mining profitability fell for a lot of miners and they probably turned off their miners therefore the blockchain mining time became considerably slower which is reflected with slow transaction speed and higher fees as seen currently. Bitcoin sellers moving their BTC from wallet to an exchange are faced with slow transaction speed and therefore the sell pressure of BTC fell considerably which will attribute to the current price increase. There is a correlation between sell pressure and blockchain congestion (the size of the correlation is undetermined).
There is going to be a race. A race between BTC price hiking high enough to attract more miners to reduce avg block times versus the closing window of roughly 2 weeks before the next difficulty adjustment. If the price does not jump high enough, the next difficulty adjustment in the first week of June could signal a huge dip.
I am not an expert. I just did some research on the above and wanted to share with fellow Bitcoin compatriots so that we can tread with caution and not lose our shirts. I do not plan to short BTC but I will exit my BTC positions if I expect double digit negative difficulty adjustment in early June.
Please visit the original post here https://www.reddit.com/Bitcoin/comments/gm23pe/warning_blockchain_difficulty_adjustment/
There are pictures in the original post as well as 2nd halving evidence with pics. I could not post pics here. If possible please upvote the original post, a lot of people downvote it. Not sure why people downvote it, maybe veterans attempting to hide information from newcomers to fleece them of their shirt.

Update 1:>! As of writing, I have opened a small short position on Bitcoin. Stop loss around 10k, estimated take profit around 8500. The reason is because the difficulty adjustment in the next 20 hours, even though is just -5% roughly is still significant. I direct you to look into all the difficulty adjustments in the last 2 years and you will know how rare it is. The ones I caught were all listed at the very top of the post. Since it is my first time shorting BTC, I take this as a learning opportunity so that I will have some experience to face the bigger difficulty adjustment in the first week of June. Analysis into execution, even in failure I am happy.!<
Update 2: The difficulty adjustment (DA) happened roughly 6 hours ago and the sell pressure from -6% DA did not seem to be affecting the market much. However, please take a look now at the estimation for the next DA.
On https://bitcoin.clarkmoody.com/dashboard/ it is estimated to be -25%.
On https://fork.lol/pow/retarget estimated to be -18%.
On https://www.blockchain.com/charts/median-confirmation-time the median block time for the last day was 16.8min.
My original proposition that the true DA of the halving can only be realized in the next DA stands and that it will be considerable. The increased sell pressure from that DA will be highly significant. That is why there is a race by current miners to get the BTC price up high enough to attract more miners to not have the DA drop too much.
Update 3: Current BTC price at $9100 ( ~39 hours after DA). Then again BTC could have dropped from all sorts of reason. However the coincidence with the DA and with all the past DA is just too high to simply shrug off as irrelevant. Anyways past result cannot predict future ones, stay safe with the trading. Will no longer check on this post.
References:
Difficulty adjustment dates taken from https://btc.com/stats/diff
Bitcoin graph history for price movement taken from coinmarketcap.
Median confirmation time (block time) taken from https://www.blockchain.com/charts/median-confirmation-time

Credits to people who assisted the analysis:
kairepaire for pointing out faster block times between 5th-11th.
babies_eater for https://fork.lol/pow/retarget
moes_tavern_wifi for https://bitcoin.clarkmoody.com/dashboard/
Pantamis for https://diff.cryptothis.com/
submitted by theforwardbrain to BitcoinMarkets [link] [comments]

The Mysterious Entity that Caused the Bitcoin Network fees to Jump 146% in May

The Mysterious Entity that Caused the Bitcoin Network fees to Jump 146% in May
May 25, 2020
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Bitcoin price has yet again taken a dive to $8,800, recording a drop of 4%.
Meanwhile, Network Demand Score which is a metric incorporating network velocity, transaction value, fees, and miner’s rolling inventory, climbed to 6/6 following the bitcoin halving meaning the network is growing stronger which could also be a sign that “we’re in a longer-term bull market.”
Since March 12th, just before the massive sell-off, this score has remained above a 3/6 reflecting growing strength in network activity and instilling confidence in the ongoing uptrend for the bitcoin price.
3 Reasons why fees skyrocketed
One component of this indicator, bitcoin on-chain fees has been surging like crazy.
Last week, Bitcoin average transaction fee climbed to $7, last seen in February 2018. This has the miner revenues from fees rising to the levels not seen for more than 2 years. But this week, it also dropped 55% to $3.13.
The increase in transaction fees, which is increasingly becoming more important for Bitcoin network security, has been because of the unconfirmed transactions piling on in mempool.
A decline in hash rate following halving caused fewer blocks to be found and will continue until the next difficulty adjustment has been one of the reasons behind this jump in fees.
The other reason is the large fluctuations in bitcoin price which has traders sending coins between exchanges.
Ather reason is a “mysterious entity which has been consolidating outputs at the highest fee rates, driving up fees for everyone,” pointed out Serrrgej Kotliar, CEO Bitrefill.
Who is this “Crazy1o1”?
Over the weekend Kotliar shared how, for the past 14 days, this mysterious entity has consolidated a lower-bound of 720 thousand outputs, 5 MB per day, more than BitMEX.
Since May 1st, this entity named “Crazy1o1” has spent around 804k UTXOs and has paid more than 104BTC in mining fees during this time, noted Laurent.
“On some days, these fees are equivalent to 10-12% of all the fees received by miners,” he said.
Laurent along with others suspect this entity to be the cryptocurrency exchange Coinbase.
Earlier this month, it was also found that crypto derivatives exchange BitMEX is making the bitcoin network expensive for everyone and its own users are paying 6.8% of total daily transaction fees.
Prepare for the next bull market
All of this a “decent fire drill for what might happen if we see another bull market,” said Kotliar. Grubles from Blockstream said,
“ON-CHAIN FEES AND BTC PRICE MOVEMENTS CHART. YOU CAN SEE THAT BIG MOVEMENTS RESULT IN PEOPLE RUSHING TO TRANSACT (ALMOST CERTAINLY TO/FROM EXCHANGES), PUSHING FEES UP FOR OTHER NON-TRADER USERS WHO NEED UNCENSORABLE / IRREVERSIBLE TRANSACTIONS.”
The fees reached its all-time high at over $55 during the peak of the bull market in December 2017. As such in the next bull market, a 5x growth in on-chain transactions should be expected.
But given that batching, one of the many ways the network has been scaled is here, it will prevent the pressure on the network from getting worse than 2017. But exchanges will need to be prepared for this.
submitted by kealenz to BitcoinMarkets [link] [comments]

Top Bitcoin Mining Pools See 15% Hash Rate Drop Amid Continuous Rainstorms in China (current BTC/USD price is $12,304.45)

Latest Bitcoin News:
Top Bitcoin Mining Pools See 15% Hash Rate Drop Amid Continuous Rainstorms in China
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

As bitcoin meets resistance, hash rate soars (current BTC/USD price is $11,910.71)

Latest Bitcoin News:
As bitcoin meets resistance, hash rate soars
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Bitcoins Hash Rate Reaches a New All Time High (Again): Price Boost Ahead? (current BTC/USD price is $11,880.75)

Latest Bitcoin News:
Bitcoins Hash Rate Reaches a New All Time High (Again): Price Boost Ahead?
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

The Mysterious Entity that Caused the Bitcoin Network fees to Jump 146% in May

Bitcoin price has yet again taken a dive to $8,800, recording a drop of 4%.
Meanwhile, Network Demand Score which is a metric incorporating network velocity, transaction value, fees, and miner’s rolling inventory, climbed to 6/6 following the bitcoin halving meaning the network is growing stronger which could also be a sign that “we’re in a longer-term bull market.”
Since March 12th, just before the massive sell-off, this score has remained above a 3/6 reflecting growing strength in network activity and instilling confidence in the ongoing uptrend for the bitcoin price.
3 Reasons why fees skyrocketed
One component of this indicator, bitcoin on-chain fees has been surging like crazy.
Last week, Bitcoin average transaction fee climbed to $7, last seen in February 2018. This has the miner revenues from fees rising to the levels not seen for more than 2 years. But this week, it also dropped 55% to $3.13.
The increase in transaction fees, which is increasingly becoming more important for Bitcoin network security, has been because of the unconfirmed transactions piling on in mempool.
A decline in hash rate following halving caused fewer blocks to be found and will continue until the next difficulty adjustment has been one of the reasons behind this jump in fees.
The other reason is the large fluctuations in bitcoin price which has traders sending coins between exchanges.
Ather reason is a “mysterious entity which has been consolidating outputs at the highest fee rates, driving up fees for everyone,” pointed out Serrrgej Kotliar, CEO Bitrefill.
Who is this “Crazy1o1”?
Over the weekend Kotliar shared how, for the past 14 days, this mysterious entity has consolidated a lower-bound of 720 thousand outputs, 5 MB per day, more than BitMEX.
Since May 1st, this entity named “Crazy1o1” has spent around 804k UTXOs and has paid more than 104BTC in mining fees during this time, noted Laurent.
“On some days, these fees are equivalent to 10-12% of all the fees received by miners,” he said.
Laurent along with others suspect this entity to be the cryptocurrency exchange Coinbase.
Earlier this month, it was also found that crypto derivatives exchange BitMEX is making the bitcoin network expensive for everyone and its own users are paying 6.8% of total daily transaction fees.
Prepare for the next bull market
All of this a “decent fire drill for what might happen if we see another bull market,” said Kotliar. Grubles from Blockstream said,
“ON-CHAIN FEES AND BTC PRICE MOVEMENTS CHART. YOU CAN SEE THAT BIG MOVEMENTS RESULT IN PEOPLE RUSHING TO TRANSACT (ALMOST CERTAINLY TO/FROM EXCHANGES), PUSHING FEES UP FOR OTHER NON-TRADER USERS WHO NEED UNCENSORABLE / IRREVERSIBLE TRANSACTIONS.”
The fees reached its all-time high at over $55 during the peak of the bull market in December 2017. As such in the next bull market, a 5x growth in on-chain transactions should be expected.
But given that batching, one of the many ways the network has been scaled is here, it will prevent the pressure on the network from getting worse than 2017. But exchanges will need to be prepared for this.
submitted by kealenz to btc [link] [comments]

BitMax Weekly Roundup

One-minute Digest on Us and Market
July 25 - July 31, 2020
Market Watch
Platform Update
Latest Listing
July 27 – Crypto.com (CRO) listed under the trading pair of CRO/USDT.
Crypto.com Chain is a ground-breaking high performing, secure and privacy-protected public blockchain solution powering instant crypto payment transactions between customers and merchants, anywhere, for free.
July 30 – TrustSwap (SWAP) listed under the trading pair of SWAP/USDT.
TrustSwap is building a go-to decentralized finance (DeFi) solution for automated smart-escrows, smart-swaps and smart-locks, allowing for people and organizations to easily execute smart contract-based agreements at a minimum costs.
DeFi Project Highlights
What’s Upcoming
  1. Deploy Isolated Margin Mode for Futures Trading
  2. Display of Project Introduction on Trading Pages for PC and App
Note: Please refer to announcement on bitmax.io official website for further details.
For more information, follow BitMax.io on:
Official Website: BitMax.io (BTMX.io)
Official Telegram Community: https://t.me/BitMaxioEnglishOfficial
Official Telegram Announcement Group: https://t.me/BitMaxOfficialAnnouncement
Official Telegram Customer Support: BitMax.io Support (@BitMax_Official)
Official Twitter: BitMax_Official (https://twitter.com/BitMax\_Official)
Official Facebook: u/BitMaxOfficial (https://www.facebook.com/BitMaxOfficial/)
submitted by o2ziga to BitMax [link] [comments]

What does Bitcoin hash rate mean?  Ask Luno BITCOIN SINK OR SWIM  BTC HASH RATE ALL TIME HIGH! What is hash rate in Bitcoin ? - YouTube BITCOIN HASHRATE PLUMMETS! YOU WON'T BELIEVE WHAT BTC PRICE DID LAST TIME LITECOIN Hash Rate Down!

To check up on Bitcoin Cash nodes, bchnodes.online provides a similar resource. bitnodes.io. luke.dashjr.org – This resource is a handy pie chart overview, listing bitcoin node branches. luke ... Mining Hash Rate. This chart shows an estimate of how many hashes per second bitcoin miners are performing on the network. Estimate = difficulty * 2 32 / time. The bitcoin network has a global block difficulty that adjusts every 2016 blocks (~2 weeks) based on a target time of 10 minutes per block. Because the Hash Rate requires real world computing power and resource investment that cannot be faked, this chart also represents technical and monetary investment in the infrastructure of Bitcoin Cash (BCH). A cryptographic hash function takes digital data of any size as input and produces a random (but fixed-size) string of digital data as ... 8MB - blocks containing string "8M" in their coinbase scriptSig (i.e. miners supporting block size increase to 8MB citation needed) ; BIP100 - blocks containing string "BV" + some digits in their coinbase scriptSig that is BIP100 (and others based on it), also includes blocks with string "BIP100" in coinbase ; BIP101 - blocks with version 0x20000007 as defined in BIP101 Hashrate Distribution An estimation of hashrate distribution amongst the largest mining pools. 24 Hours 48 Hours 4 Days. The graph above shows the market share of the most popular bitcoin mining pools. It should only be used as a rough estimate and for various reasons will not be 100% accurate. ... More about this chart. Explanation.

[index] [34264] [18195] [13380] [13309] [9937] [21161] [14608] [550] [3325] [1206]

What does Bitcoin hash rate mean? Ask Luno

Bitcoin its hash rate dropped 25% since the halving on the 11th of May. What does this mean? Can there be effects of this on the price? #Bitcoin #Hashrate #mining *** Social media *** My Chart Tool: TradingView https: ... Hashrate Suggests Bitcoin Price Should Be A LOT HIGHER - Duration: 12:17. Altcoin Daily 26,163 views. 12:17. THE END OF THE US DOLLAR? BUY BITCOIN NOW!!! Last time bitcoin hash rate took a nosedive to a new low, bitcoin price turned bullish. This is what btc price charts tell us! #Bitcoin #btc Headlines: Support the stream: https://streamlabs.com/cryptocapitalventure Well, Litecoin hash rate is down and people are going crazy about it. My thoughts on LTC and ... Bitcoin's halving (block reward) is fast approaching, and we examine the recently increases hash rate metrics. Oobit Releases A Coinbase-Powered “Skyscanner” For Bitcoin.

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