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The Block News and Articles



Ethereum mining 2019

Ethereum miners “dug up” $936 million in 2019: 75% less 2018

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According to The Block researchers, last year Ethereum miners mined $936 million worth of cryptocurrency. The decline compared to the previous period was about 75%. Largely due to the advent of ASIC devices, the air hash rate reached a historic maximum in August 2018 at around 292 TH/s. After that,...

bitcoin transactions 2019

Bitcoin users made transactions for $673 billion in 2019

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In 2019, users transferred $673 billion on the Bitcoin network. This is 11% less than it was last year, according to Coinmetrics analytical service. Adjusted value settled on Bitcoin reached $673 billion in 2019, which is down 11% from last year, roughly the same as in 2017 but still nearly 4 times...

Study: reserves of ICO-projects are significantly reduced

Study: reserves of ICO-projects are significantly reduced

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Analysts of The Block analyzed the development of 57 ICO-projects, which together attracted about 8.2 million ETH. They found that, since the closure of the tokensales, 5.9 million ETH (72%) were either moved or spent. So, on average, projects spend or move about 2500 ETH per month. Golem and...

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