The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $16,547.44 and BTC market dominance is %. The price of Ethereum is $1,180.83 and ETH market dominance is %. The best performing cryptoasset sector is Move-to-Earn, which gained 12%.
The Right Place to Buy, Earn, Exchange and Borrow against Your Crypto.
Bitcoin mining’s mining difficulty has barely budged over the past week and saw a 0.19 percent drop following the most recent adjustment on Nov. 7.
Cover art/illustration via CryptoSlate
Bitcoin’s (BTC) mining difficulty has plateaued since the beginning of November and saw a 0.19 percent drop on Nov. 7 following its latest adjustment, according to CryptoSlate’s analysis of Glassnode data.
The chart above shows that mining difficulty has jumped significantly starting August all the way through November. The difficulty level reached a new high of 36.84 trillion, as of block height 760,032 in the last adjustment on Oct. 24.
However, mining difficulty dropped to 36.76 trillion as of block height 762,048 on Nov. 7.
Mining Bitcoin is increasingly difficult as the market is in the midst of increasing energy prices, exacerbated by inflation, depressed crypto prices, and a looming global recession.
Several Bitcoin mining companies have been experiencing financial stressors, cases in point are Core Scientific’s halt in debt payments, Argo’s negative cash flows, and equity-infusion plan fallout, Compute North’s bankruptcy filing, and Iris Energy’s failure to produce cash to meet its financial obligations.
The network’s hash rate is expected to fall as Bitcoin miners are struggling to afford the maintenance of operations.
Cynthia is an avid writer who is fascinated by the potential of blockchain tech. She also resonates with Web3 values, especially creative expression and individual autonomy. Since discovering crypto in 2019, she has dedicated her work towards reporting on developments in the blockchain and crypto space.
Directly from this Widget: the top CEXs + DEXs aggregated through Orion. No account, global access.
Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.
Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
Traders seeking to artificially inflate the price of collections or earn marketplace trading rewards generated $389 million in wash trades during October.
Bitcoin held on exchanges took a nosedive as token holders exercised caution amid contagion fears.
U.S. Congressman Tom Emmer said FTX’s collapse is not a crypto failure, rather a failure of business ethics, government oversight and regulatory oversight.
Conviction in Bitcoin remains high despite the FTX fallout, with on-chain data showing a promising increase in activity and new users.
Amid waning user trust in exchanges in the wake of the FTX collapse, Buterin discusses how CEXs can cryptographically prove solvency.
Difficulty is expected to adjust down as hashrate slows suggesting a possible top is in
Struggling institutional crypto platform Genesis may be causing parent company DCG a billion-dollar problem that it cannot solve possibly linked to 3AC
Spotlighted investment vehicle Grayscale holds roughly $10B worth of Bitcoin after failure to produce proof of reserves.
Kraken Exchange CSO, Nick Percoco, just announced via a tweet reply that the hackers identity has been discovered
SBF loss over $15B in one day according to data reviewed from the Bloomberg Terminal
Coinglass data shows that FTX’s BTC balance is now negative at -197.95 BTC after over 20K BTC left the exchange in the past 24hrs
Their liabilities are evaluated as a part of an audit and are included in the proof-of-reserves.
Jason Fang of Sora Ventures talks to CryptoSlate on the differences between Asian and Western crypto investments and how to get the edge in the market
Got a story tip? Email [email protected]
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you read on CryptoSlate should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own diligence before making any investment decisions. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site.
© 2022 CryptoSlate. All rights reserved. Terms | Privacy

Please add [email protected] to your email whitelist.
Stay connected via


Shop Sephari

Leave a Reply