While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High

During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated hashrate has caused the network difficulty to rise, as Bitcoin’s mining difficulty has adjusted upward nine times in a row to date and it’s closing … Read moreWhile BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High

Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable

While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years ago, with processing power of more than 8 … Read moreBitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable

US President Biden Nears Decision to Choose Fed Chair — Reports Indicate Toss-up Between Powell and Brainard

Following the passing of the Biden administration’s infrastructure bill, the U.S. president appears to be nearing his decision on whether or not he will reappoint Jerome Powell, the current Federal Reserve Board chairperson. According to a few reports Powell may be chosen, but other reports say the Fed’s Board of Governors member, Lael Brainard, could … Read moreUS President Biden Nears Decision to Choose Fed Chair — Reports Indicate Toss-up Between Powell and Brainard