After fears of “capitulation” passed over the market, Bitcoin miners are back in the game, activating new hardware once again after May’s block reward halving. There’s been such a high amount of activity in the mining space that according to Bitcoin data analyst Digitalik.net, blocks are being mined (on average) at their fastest rate since June 2014. We are currently in the fastest difficulty era since jun 2014. Current block interval 8min 5sec.#bitcoin #btc #halving #stocktoflow — digitalik.net (@digitalikNet) June 7, 2020 The excitement among miners has been echoed by…
The Ongoing Miner “Feeding Frenzy” Is Bullish for Bitcoin in the Long Run
