- Nico Smid
- 5 min​
As Bitcoin mining pools grow, concerns are rising about increasing network centralization. Larger pools wield significant power by controlling block creation and payouts, sparking fears of potential censorship and manipulation. OCEAN Pool, however, seeks to shift this balance with the DATUM Protocol, a decentralized solution designed to empower miners and…
Get Your Weekly Mining Insights
ETF’s Inflows, BTC Flips Silver & Hashprice Yearly High
- Nico Smid
- 4 min​
The continued bullish price action has propelled Bitcoin into price discovery territory, leading BTC to surpass silver in market capitalization. Mining activities are surging, with hashrate hitting record highs, which will likely trigger an upcoming increase in difficulty. With transaction…
Unlocking the Bitcoin Halving: Essential Insights for Mining Success
- Nico Smid
- 7 min​
MicroStrategy’s Michael Saylor predicts that Bitcoin could potentially reach $5 million, while Cathie Wood’s Ark Invest suggests it could exceed $1 million by 2030. Fundstrat’s Tom Lee has unveiled a $150,000 Bitcoin price target for 2024. These bullish forecasts from…
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…