Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Humair Profile picture
@defihumair
Nov 23, 2022 • 7 tweets • 3 min read • Read on X
1- Why #Bitcoin hash rate is pumping and achieving new ATH?
We know we are all in a bear market for 8 months, so what is the reason behind the Bitcoin hash rate?
🧵👇 Image
2. When the Ethereum merge is completed on September 15, Ethereum will no longer require mining machines.
So what do miners do after Ethereum merges?
Is a billion-dollar mining farm being sold by a miner?
#EthereumMerge
3. No, miners don't sell mining farms, but they convert into different proof-of-work blockchains in which
#EthereumClassic #Monero #ravencoin
4- But as we all know, #Ethereum has too many dapps, which is why miners earn lots of gas money here. In other blockchains, there are no #dapps, so no gas money.
5- So miners have one option left; the world's leading cryptocurrency is also based on the proof of work concept.
6- So that's why Bitcoin hash rate is achieved again and again ATH because the hash rate is directly depend on miners.
If you want more deep so read this article.👇
medium.com/@defihumair/bi…
@UnrollHelper

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Humair

Humair Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @defihumair

Humair Profile picture
Dec 5, 2022
1- @AxieInfinity $AXS is up more than 100% after a massive downside
🧵👇
cryptoavanza.com/axie-infinity-…
2- On Sunday 13 November When Axie Infinity $AXS made a new price of 4$ and now 5 December the price pumped more than 2x, $AXS pumped today more than 25% Open price is $6.68 and is high at $8.8 at the time writing.
#AxieInfinity
3- @AxieInfinity is a blockchain-based trading and battling game that is partially owned and operated by its players. We update our $AXS to USD price in real time. Axie Infinity is up 25% in the last couple of hours. The current @Coinmarketcap ranking is #51.
Read 11 tweets
Humair Profile picture
Dec 4, 2022
1- Crypto Winter everywhere @Bybit_Official Crypto Exchange Layoffs
🧵👇
#layoffs #cryptocrash $BTC $ETH
cryptoavanza.com/crypto-winter-…
2- After $UST incident, everyone is talking about “Crypto Winter” because of the liquidity crunch that’s why Exchange reduced its workforce today’s #Bybit announced layoffs workforce to survive the bear market. #Bybit previously cut its workforce by an unspecified number in June
3- @benbybit, the CEO, and co-founder of the Singapore-based crypto exchange, previously worked for XM, one of the world’s largest forex and CFD trading brokerage firms. made the announcement on Twitter at 12:32 a.m. ET.
Read 7 tweets
Humair Profile picture
Dec 3, 2022
1- #FederalReserve hikes 75bps interest rate? Stocks Analysis After US jobs report.
🧵👇
#FOMC $SPX $BTC
2- Stocks went up sharply on Wednesday after Fed chair Jay Powell gave a strong hint that the central bank would slow its interest rate hikes later this month. That’s why on Wednesday, S&P 500 surged 3.2% in one day, while bitcoin strongly holds the $17,000 range.
$SPX Image
3- And here on Thursday, December 2, US jobs numbers were hotter than expected, which added to the pressure on the Fed to maintain its tough stance on inflation. After the report, $SPX slipped 1.2% because of fear of tightening.
@financialjuice Image
Read 15 tweets
Humair Profile picture
Dec 2, 2022
1- Crypto Winter is here Cryptocurrency Exchange fires 1,100 global workforce
🧵👇
#cryptocrash #cryptowinter
cryptoavanza.com/crypto-winter-…
2- The world’s third-largest cryptocurrency exchange laid off more than 1,100 employees and declared a crypto winter. The company said in a blog post that the weakening in crypto markets was caused by slowing macroeconomic and geopolitical factors.
#FOMC
blog.kraken.com/post/16442/bus…
3- Kraken, which is the world’s third-largest cryptocurrency exchange by volume, is letting go of about 30% of its staff, according to the company’s CEO.
@krakenfx
Read 8 tweets
Humair Profile picture
Dec 1, 2022
#Fantom On-Chain Analysis, $FTM surged more than 50% after #FTX and #Alameda collapsed
🧵👇
1- 75% of the $FTM current supply is locked, with the remaining 25% unlocked, indicating that whales and holders believe in the FTM token. #Fantom
2- As of today $FTM is down more than 90% from its previous all-time high of $3.3, and its market cap has dropped from $7.6 bn to less than $600 mn,
Read 18 tweets
Humair Profile picture
Nov 30, 2022
1- #Fantom is Up 25% in 2 days Let’s discuss FTM’s next price move after Andre Cronje’s article
$FTM
🧵👇
cryptoavanza.com/fantom-up-25-i…
2- Andre #Cronje a software architect with 20 years plus of development experience, says that the #Fantom blockchain project he advises has a positive cash flow and brings in more than $10 million a year.
$FTM
3- Why is #Fantom Token Price Rising
Just a recap about $FTM is a layer 1 decentralized, permissionless, open-source smart contract platform for #dApps & digital assets like #Ethereum. The network competes with Solana, Avalanche, and Polygon to take over the market share of $ETH.
Read 32 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(