- Nico Smid
- 6 min
Bitcoin’s price briefly dipped below $60K but hasn’t entirely broken down, despite ETF demand drying up. Explore whether the current decline in network hashrate signals a larger trend. After witnessing the biggest decline in difficulty since December 2022, can we expect more downward adjustments? Hashprice remains hovering at $50/PH/Day levels….
Get Your Weekly Mining Insights
Hashprice Benefits from Bullish Price Action
- Nico Smid
- 4 min
Bitcoin’s price has surged to levels last seen in November 2021, with ETFs emerging as the main driver behind this bullish price action. Greed is starting to dominate market sentiment amidst this rise. Despite low transaction fees, hashprice has emerged…
How to Leverage the Hashrate Forward Curve
- Nico Smid
- 4 min
As adoption of the Luxor Hashprice non-deliverable forward contract grows, the forward curve becomes an increasingly valuable data point for ensuring the future viability of your mining fleet. In this edition of The Bitcoin Mining Block Post, we’ll explore what…
Bitcoin Surges Past $50k, Tx Fees Taper Off
- Nico Smid
- 4 min
Bitcoin crossed $50k, a level last seen in December 2021. Deployments of the latest generation ASICs pushed the network hashrate through the 600 EH/s level. Transaction fees are decreasing as the competition for block space is less fierce than at…