Bitcoin has seen a significant strengthening of its mining network in recent months. The network's hash rate has almost completely recovered from China's crackdown on mining. The hash rate is a measure of the total computational power that contributes to mining Bitcoin. A hash is a fixed-length alphanumeric code that miners have to solve to process BTC transactions. We measure the hash rate in exahashes (1 quintillion hashes) per second (EH/s). The hash rate is also a rough measure of…
Tag: LunarCrush
LunarCRUSH – Helping Investors Decipher the Social Media Buzz
LunarCRUSH operates as a social media analytics and aggregated research tool. The platform enables users to gauge previously tricky metrics such as public sentiment towards a project. The system simplifies the process through the introduction of a proprietary scoring system and more. LunarCRUSH continues to see growing popularity in the sector. As such, the network has expanded its efforts. Today, LunarCRUSH monitors over 30,000 links collected daily. These links span over 200 million social media posts and across +2,000 supported cryptocurrencies. How…
3 months ago
How to Use Santiment Tool to Develop a Trading Strategy
Cryptocurrency trading comes with a lot of uncertainties. Consequently, developers have developed tools to help crypto traders evaluate patterns in trading data. These analysis tools, such as Santiment, prevent traders from making investment decisions based on emotions. This article reviews the Santiment tool, one of the most excellent data analysis tools out there. The platform has been in use for years and has helped many traders understand crypto markets in depth. Additionally, with this tool, traders can apply the essential…
7 months ago