BTC network reset resulted in 7% in mining difficulty Last week the BTC network reset resulted in a 7% jump in mining difficulty as the overall network hash rate continued to climb. The recovery can be attributed to Chinese miners finding sites to deploy their rigs and other investors expanding their own mining operations to...Continue Reading
This week we cover: When will we see Bitcoin break 20k? Ethereum going from strength to strength How Cryptocurrency can help our future? Fear, Greed & Mentality When will we see Bitcoin break 20k? This week saw Bitcoin finally break it’s all time high but also abruptly rejected near the $20,000 resistance. Let’s look at...Continue Reading
This week we cover: Ethereum 2.0 launch COVID-19 and the effects on the Cryptocurrency market Record highs across the whole market Fear, Greed & Mentality Ethereum 2.0 to be launched on 1st December The long anticipated Ethereum 2.0 has finally been announced, and will be released on 01/12/2020. The concerns following low staking contributions seem...Continue Reading
Could Bitcoin reach 100k in 12 months? Over the past 4-6 months Crypto and Bitcoin has been gaining considerable popularity within the mainstream world of finance. This week marked another milestone when Bitcoin hit $18,476, and is persistently on its way to reaching all time highs. With this momentum happening, Bitcoin is now being described...Continue Reading
Bitcoin Outperforms as a Premier Investment Asset November 13th saw Bitcoin reach $16,415. A magnitude not reached since the infamous 2017 bull run. With prices of this level now coming in to play, Bitcoin is further cementing itself as one of the best operating assets and is continually outperforming the ‘safe haven’ investments we all...Continue Reading
Join the Bitcoin Surge In March Bitcoin was trading at $3,880. Fast forward 8 months and we are now seeing BTC on its way to reaching ALL TIME HIGHS and currently trading at $15,735. Bitcoins price has touched it’s highest levels in 33 months and had a move upwards of 12% over the past 24...Continue Reading
MiningStore’s Weekly Rundown #15 Another busy week hit the crypto market. We saw a bold security claim from Ethereum’s co-founder and more partners walking away from Libra. There was also fresh SEC pressure on Telegram and a measured take on the halving from Bitmain. Here is the Mining Store wrap for the week. Vitalik Striving...Continue Reading
What Bitcoin Network Hash Rate Actually Measures Quick Answer. Bitcoin network hash rate is the total number of SHA-256 computations per second being submitted to the Bitcoin blockchain by all miners worldwide. It is measured in exahashes per second (EH/s), where one EH/s equals one quintillion hashes per second. In August 2026 the network sits...Continue Reading
What Dollar Cost Averaging Bitcoin Actually Means for Australians Quick Answer. Dollar cost averaging Bitcoin is the practice of investing a fixed AUD amount into BTC at a fixed interval, such as AUD 100 every week or AUD 500 every month, regardless of the current Bitcoin price. The strategy removes the need to time entries,...Continue Reading
Over the past 3 years Bitcoin miners have experienced a roller coaster of emotions when calculating profitability. The Bitcoin miners who performed the best were those who got in early during or before 2016 and were rightfully rewarded when the 2017 bull run came along. However those rewards did not come without major risks. The...Continue Reading
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