Bitcoin Hash Ribbon: Miner Capitulation & Recovery

Bitcoin: Hash Ribbon

In this short article we will be discussing the Bitcoin Hash Ribbon. This metric is specifically good at identifying great buying opportunities after large drawdowns in the Bitcoin price. It tracks miner capitulation as mining becomes unprofitable overall. Hash Ribbon uses a 30 day and 60 day moving average for the Bitcoin hash rate. When … Read more

Bitcoin Issuance & The Puell Multiple

Bitcoin: Puell Multiple

We have observed a handful of metrics that have been reliable to identify tops and bottoms in Bitcoin Cycles. The Puell Multiple can be added to that list. Using The Puell Multiple, we can analyze the supply side, Bitcoin issuance. Everyday new Bitcoins are being released onto the network via mining. Those Bitcoins are first … Read more

Bitcoin Miner Revenue Explained

Bitcoin: Total Miner Revenue

We have talked a lot about miners on the Bitcoin Network. After all, they’re one of the core contributors to Bitcoin’s success. The Bitcoin blockchain could not function without all the nodes and miners around the world. This is why the genius economics behind Bitcoin is so important. Efficient miners are constantly rewarded. During times … Read more

New Bitmain E3 ASIC: Good For Ethereum Miners?

New Bitmain E3 ASIC Good For Ethereum Miners?

There has been a LOT of “horror” online now that Bitmain has built an ASIC to mine Ethereum. Prior to this announcement, the only way to mine Ethereum was using a GPU (video card) and run mining software on Windows or Linux. Remember, Bitmain is basically the only game in town for Bitcoin, Litecoin, and … Read more

5 Factors For The Future Of Mining Cryptocurrencies

5 Factors For The Future Of Mining Cryptocurrencies

At the end of 2017 Mining hit the “all time high” for profits. Of course, Crypto assets have sold off in the first 6 months of 2018. Mining profits are also down some in the first half of 2018. Will the down trend continue? The answer to that question has many factors, let’s examine each … Read more

How Miners Make Money

How Miners Make Money

When people look into mining they usually get a whole wide variety of answers as to what mining is and why anyone makes money at it. In this article I will try to help de-mystify mining and explain what it is and why people make money (sometimes a LOT of money) by mining crypto currencies. … Read more

6 Steps To Get Started Mining Cryptocurrencies

Mining cryptocurrencies is by no means a “get rich easy” scheme. Just like any passive income source, it takes time, energy, and capital to cultivate. However, it’s a great way to capitalize on this crazy, viral trend of the past 12 months. Before getting into how to get started mining, let’s go through an overview … Read more

Cryptocurrency Definitions: Block Reward

block reward

Block reward refers to the new cryptocurrency tokens distributed by the network to miners for each successfully solved block. Essentially, it entails solving a computationally tough math equation to find a new cube, which can be added to a blockchain, and getting a reward of couple bitcoins or other crypto currencies for solving the problem. … Read more

Cryptocurrency Definitions: Mining

What Is Mining Cryptocurrency mining is the procedure whereby cryptocurrency tokens are all released to come to circulation. Let’s examine the process with bitcoin. Essentially, it entails solving a computationally tough math equation to find a new cube, which can be added to a blockchain, and getting a reward of couple bitcoins for solving the … Read more