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Tag: miners

4 reasons why Bitcoin price is not trading above $70K 

October 25, 2024 wp-bot Cointelegraph

Bitcoin’s path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand.

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Bitcoin to benefit from rising hashrate, inflation fears, crypto-friendly president 

October 22, 2024 wp-bot Cointelegraph

Bitcoin’s upcoming price recovery will be driven by a handful of unique factors. 

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Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout

October 16, 2024 wp-bot Bitcoin News

Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to

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Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks

October 6, 2024 wp-bot Bitcoin News, Blockchain

According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of

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Bitcoin miner claims judge, prosecutor, targeted firm with noise laws

October 1, 2024 wp-bot Cointelegraph

Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business. 

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The key misunderstanding with China's purported BTC hashrate dominance

September 26, 2024 wp-bot Cointelegraph

According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.

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Blockchain
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