About 5,316 BTC were traded on Coinbase for a value of $ 63.864 million.

2020-8-19 04:16
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According to data from WhaleAlert, 5315,828 BTC were traded on the Coinbase exchange in an unknown location starting with 1C1MaqJw at 4:05 am Beijing on August 19, Beijing time of the current price is around $ 63,864,000. The hash result is ef038ff32ece120ac70ea3bb45a278de2b2b3d5711ebb4e60d4299863ef5765c.

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The theory: A high BTC exchange rate could help miners survive the major repercussions of a low exchange rate.
According to the analysis of Ambcrypto's August 19 article, on August 17, Bitcoin's 7-day moving average computing performance reached 128.65 EH / s, with a record Bitcoin above 12. $ 000. However, on August 18, flooding in China caused the hash rate to drop by nearly 10-20% and power outages occurred. In this regard, an article has appeared that after Bitcoin's halving in May, exchange rates have become a significant part of miners' income. Current exchange rates rose sharply, going from an average of $ 0.81 before halving to $ 2.31. With these high costs, miners can overcome the catastrophic event caused by a drop in the hash value.
2020-8-19 04:05