#halving The bitcoin Halving is coming, and the Bitcoin mining industry is thriving amidst what appears to be a turning point for the industry.Just days before Bitcoin block rewards are reduced by 50%, the Bitcoin network has reached its strongest point ever, measured in mining hash rate. According to data compiled by analytics firm Glassnode, the one-day average mining hash rate of the Bitcoin blockchain reached 139 exahashes per second (EH/s), trouncing the previous all-tim

This image is from May 6th, 2020 - 20:45PM PT Time. What do you think will happen to #BTC price before #halving and will happen after. We appreciate your comments, ideas, and questions. #ycobitcon follow us on IG: ycobitcoin and check out Bitcoin ATM locations at http://www.ycobitcon.com

Central banks around the world are printing money to try to prop up the global economy. But for bitcoin, the world's most popular digital currency, the opposite is happening. The amount of new bitcoins being issued is starting to slow because of a phenomenon known as a #halving, or the #halvening. Every four years, the amount of new coins that bitcoin investors (or miners, as they are known) receive as a reward for mining a block of bitcoins is cut in half.Bitcoin prices have

The stock market just closed its worst trading week in two months. #Bitcoin, on the other hand, is up more than 10% on the week. All signs point to a slower economic recovery from the coronavirus than initially expected. Bitcoin final great decoupling broke its correlation with the stock market—one that some analysts and traders say never really existed in the first place. While crypto has seen considerable gains this week, the stock market continues to fall on warnings that

More than $230 million in bitcoin has been withdrawn from cryptocurrency exchanges since last block reward halving. According to a report by Bitcoin.com, investors have been increasingly withdrawing bitcoin from cryptocurrency exchanges since mid-April, with an uptick occurring following Monday’s halving. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics shows that nearly 24,000 BTC (~$233 million) has been withdrawn from trading accounts since May 11.  According to

More than $230 million in bitcoin has been withdrawn from cryptocurrency exchanges since last block reward halving.  According to a report by Bitcoin.com, investors have been increasingly withdrawing bitcoin from cryptocurrency exchanges since mid-April, with an uptick occurring following Monday’s halving. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics shows that nearly 24,000 BTC (~$233 million) has been withdrawn from trading accounts since May 11.  According