Bitcoin Hashrate Increases 32% in 3 Months, Stealth Miners Command 12% of BTC’s Hashpower

Bitcoin’s hashrate has been increasing a great deal during the last three months, as it’s increased more than 32% from 103 exahash per second (EH/s) on July 25 to today’s 137 EH/s, with a few highs in between around the 189 EH/s mark. Bitcoin’s price spike has pushed the hashrate higher and in a week’s … Read moreBitcoin Hashrate Increases 32% in 3 Months, Stealth Miners Command 12% of BTC’s Hashpower

ProShares Seeks Waiver From CME for Position Limits on New Bitcoin Futures ETF: Report

ProShares, the sponsor of the first-ever exchange-traded fund (ETF) backed by bitcoin futures, has applied for a waiver to limits the amount of bitcoin futures a buyer can purchase in the new fund, Barron’s reported. Starting with the November front-month contract, the Chicago Mercantile Exchange (CME) will limit the amount of futures that a buyer … Read moreProShares Seeks Waiver From CME for Position Limits on New Bitcoin Futures ETF: Report

From $4 to Over $3.1 Million — Miner Transfers 50 ‘Sleeping Bitcoin’ After BTC Sat Idle for 11 Years

On October 22 at 4:52 p.m. (EDT), a miner that acquired 50 bitcoin on May 17, 2010, spent the funds that sat idle for 11 years and five months. There hasn’t been a 2010 block reward spent in three months and the last time a 2010 miner spent their ‘sleeping bitcoin’ was on July 4, … Read moreFrom $4 to Over $3.1 Million — Miner Transfers 50 ‘Sleeping Bitcoin’ After BTC Sat Idle for 11 Years