Here is what $100 oil means for Bitcoin network

Markets, Bitcoin Mining, News Research shows that only 8% to 10% of global Bitcoin hashrate runs in oil-sensitive power markets, suggesting that geopolitical shocks may affect BTC prices more than mining costs. Research shows that only 8% to 10% of global Bitcoin hashrate runs in oil-sensitive power markets, suggesting that geopolitical shocks may affect BTC prices more than mining costs. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

More From Author

Alleged Ponzi scheme victims sue JPMorgan for banking supposed $328 million scam

Ethereum layer-2 developer OP Labs cuts roles to ‘narrow focus’

Leave a Reply

Your email address will not be published. Required fields are marked *