6 Myths About the Bitcoin Halving
The Bitcoin (BTC) halving is a pivotal event for the digital currency that halves its issuance every approximately four years. However, it is surrounded by a number of myths and misconceptions that can distort understanding of its impact and meaning. A few days before the next halving, which will occur around April 20, 2024, it […]
Bitcoin Price Regains Its Strength: Will It Surpass The $70k Resistance Mark
Despite a less than ideal start to the week, Bitcoin has managed to regain some of its lost ground. A significant development occurred this Thursday when the token’s price once again exceeded the $69,000 barrier, albeit briefly. This could potentially be a pivotal moment for investors in the short term. While the currency’s recovery hasn’t […]
Bitcoin Cash Hashrate Drops Drastically After Halving
A few hours after the halving of Bitcoin Cash, the most famous copy of Bitcoin, the network’s hashrate (computing power) abruptly fell by almost 70%, leading to hours of waiting to confirm a transaction. According to the charts offered by 2Miners, the BCH hashrate went from 6.27 exahashes per second (EH/s) to 1.91 EH/s in […]
Bitcoin Cash Halving Is Now Active on the Network: Here’s What To Expect
Bitcoin Cash, one of the digital currencies born from Bitcoin hard forks, entered its second halving this Wednesday. This token came to light in 2017 as an almost identical copy of the largest cryptocurrency, including its PoW consensus mechanism. In any case, at block 840,000, this coin experienced a halving of its rewards for each […]