Weekly Onchain Insights: Bitcoin Post-Halving Data

The IntoTheBlock newsletter highlights weekly interesting data points about the crypto markets.

Every week the IntoTheBlock team publishes a newsletter that summarizes key data insights about the crypto market. Below is a quick summary.

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BITCOIN POST HALVING

The third Bitcoin Halving was executed successfully on May 11th as the Bitcoin blockchain finally reached block height 630,000. The mining reward was cut to half from 12.5 to 6.25 BTC every ten minutes.

There were a lot of expectations and predictions about this event, but in this newsletter go straight to the facts based on data analysis.

What Happened on Halving Day?

We take a closer look at the Bitcoin Halving and its exposure through search engines and computational power.

The Hash Rate has been declining post Halving

What does Hash Rate mean?

Hash Rate is the speed at which a mining machine is operating to solve the mathematical puzzle that “solves” and essentially…