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July 21, 2021
Bitcoin Mining Economics Improve in BTC Terms, but Weaken in USD Terms, Hashrate Might have Bottomed: Report The team at BitOoda, a global digital asset financial technology & services platform providing next-gen risk management solutions, best-execution brokerage & expert market analysis, has released their Weekly Hash Report, dated July, 19 2021. As noted in the report from BitOoda, hashrate or the amount of computing power securing the Bitcoin (BTC) network is “bottoming near ~98EH/s.�...
May 19, 2021
Bitcoin Mining Revenue Declines due to Greater Target Hashrate, Higher TX Fees, Lower BTC Spot Price: Report The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, has published their Weekly Hash Report (dated 5/17/2021). As mentioned in BitOoda‘s report, Bitcoin (BTC) “sold off 21% to $46,023 as of 5/16 midnight UTC.” The leading digital asset dropped “as low as $42...
May 12, 2021
Digital Asset Financial Tech Firm BitOoda Reports Recent Increase in Bitcoin Mining Revenue The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, best-execution brokerage and market analysis, has released their Weekly Hash Report (dated 5/10/2021) . As mentioned in the report from BitOoda, Bitcoin (BTC) surged 3% week on week (WoW), “reaching $58,288 as of 5/9 at midnight UTC.” The BTC network tracked 186 blocks mined y...