The Bitcoin network’s total computational hash rate has entered a notable downtrend since October 18th, reversing what has otherwise been a consistent multi-year climb. The hash ribbons indicator, ...

Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Early Facebook investor Peter Thiel once advised future ...

Bitcoin mining isn’t a sustainable business anymore, and industry participants are slowly stepping away. The process of validating transactions and securing the network by solving complex ...

For years, the largest Bitcoin miners operated on an article of faith as much as a business model: that the coins they minted were worth holding, that scarcity would reward patience, and that the ...

The math has turned against bitcoin miners, and the war is making it worse every week. Checkonchain's difficulty regression model, which estimates average production costs based on network difficulty ...