Aug 20, 2019 Forex News
BTC hash rate - the amount of computing power used to mine Bitcoin, continues to break records. On August 19, the hash rate reached 82.5 teraheches per second (TH/s) for the first time in the history of the Bitcoin network.
As the Blockchain.com service says, the previous maximum was recorded in early August, then the amount of computing power exceeded 79 TH/s.
During the spring-summer of 2019, the Bitcoin hash was constantly increasing, sometimes showing significant jerks, which indicates the growing activity of miners.
A network becomes even more secure with each such jerk since as the hash increases, an attack of 51% on the blockchain becomes much more expensive for hackers. At the same time, in the network, confidence is increasing for cryptosphere participants and beginners. Even in November-December 2017, the BTC hash rate was not so high, while Bitcoin was trading around $20,000.
On August 9, one of the supporters of Bitcoin, Max Kaiser, tweeted that the growing BTC hash rate supports the attractiveness of Bitcoin as a financial instrument that continues to take on new heights.
Despite the short-term effect of rumors that Amazon was going to accept Bitcoin this year and the subsequent pullback, the BTC/USD pair was able to find support in the area of $36500 and start a new rally. As a result, today the BTC/USD pair was able to rise
Mar 2, 2023 Forex Forecast
Dear clients, Please note that due to Independence Day celebrated in the USA on 4 July 2022 you may experience the following changes: Monday, July 4rdMetal CFDs: trading closes at 21:30. Indices CFDs: Europe 50 (#ESX50): trading closes at 23:00; France 40 (#FCHI): trading closes at 23:00;
Jul 1, 2022 Company News
On March 13th, 2022 TenkoFX will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change will affect all types of TenkoFX trading accounts. In ECN, STP accounts summer time will take effect starting with the market opening on Monday, March 14th, 2022. In Crypto
Mar 10, 2022 Company News
Dear Clients, Please note that due to President’s Day in the US on February 21, 2021, trading hours for some financial instruments will be changed as follows: Spot commodities CFD:Gold (XAUUSD) - trading ends at 21:30;Silver (XAGUSD) - trading ends at 21:30;US Crude (XTIUSD)
Feb 14, 2022 Company News