An Update on Bitcoin’s Hash Rate
Previously, we discussed the initial impact of Chinese miners on the “China mining ban” in our article from June 21, 2021. After almost two months it is now time for an update on Bitcoin’s Hash Rate. It has become quite clear that – after years of fake news on this topic – China seems to have […]
Is Bitcoin’s Carbon Footprint Improving?
Bitcoin’s hashrate dropped significantly from its all-time-high, sitting at a rate not seen since November 2020. According to data from blockchain.info, Bitcoin’s current hashrate is now (as of 21 June 2021) at approximately 110M TH/s, 30% below its all-time high of around 190M TH/s from a few weeks ago. Bitcoin mining has been largely concentrated […]
Debunking 9 Bitcoin Myths
By Patrick Lowry, CEO, Iconic Holding In the past week I have had a few dozen personal contacts, mostly friends or drinking buddies, reach out to me to ask about Bitcoin. They want to know what it is, how and where they can buy it, and I even had one ask me “what does the $15K, $16K […]