Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
[Aug 23, 2024 7:15 PM] BTC miners are struggling to adapt to a post-halving environment.
2 / 13 Relevant items tagged with #BitcoinHalving
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94% of Bitcoin's Supply Has Now Been Issued
[Aug 19, 2024 10:13 AM] A milestone has been reached in Bitcoin's supply schedule - 94% of the total Bitcoin supply has now been issued through mining. Out of a hard-capped total of 21 million BTC, over 19.74 million have been mined so far. Bitcoin's supply is issued…
Public miners raised $2.2B as cash flow crunch intensifies post-halving
[Aug 15, 2024 9:12 PM] A total of nine out of 13 US-listed Bitcoin mining companies raised capital through stock offers in the second quarter of 2024.
Bitcoin’s bull rally will continue another 350 days: Bybit
[Aug 14, 2024 12:24 PM] Bitcoin's 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up.
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
[Aug 13, 2024 1:37 AM] Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue.
Bitcoin miners record lowest daily revenue of 2024
[Aug 12, 2024 9:50 AM] Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.
Bitcoin’s Latest Casualty: Miner Reserves Plunge to 3-Year Low, What’s Next For BTC?
[Aug 9, 2024 5:00 AM] Amid Bitcoin (BTC) continuous struggle for a major rally to new heights, miners powering the Bitcoin network are experiencing significant economic shifts. Particularly, recent data shows a stark reduction in Bitcoin reserves held by miners…
Bitfarms stock rises 22% after Q2 loss came out better than expectations
[Aug 9, 2024 1:39 AM] Bitfarms stock had a strong trading session on Aug. 8 amid lower-than-expected losses in its latest quarterly earnings report.
World’s largest Bitcoin miner increased BTC holdings by $124M in July
[Aug 6, 2024 1:57 PM] Marathon Digital holds over $1.1 billion worth of Bitcoin after the company decided to go full “HODL.”
Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate
[Aug 2, 2024 8:19 AM] Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April.
What happens when 1% of Bitcoin holders control 99% of BTC supply?
[Jul 29, 2024 1:00 PM] Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply.
Political undertones stand out as Bitcoin 2024 hits Nashville
[Jul 25, 2024 1:39 PM] The Bitcoin 2024 conference is underway in Nashville - with Donald Trump's address scheduled for July 27 a major drawcard to the event.
World’s largest BTC miner Marathon buys $100M BTC to go 'full hodl'
[Jul 25, 2024 7:04 AM] Marathon remains bullish on Bitcoin price in the long term, as it sold none of the BTC it mined during June.
Bitcoin Runes protocol sees sharp decline in popularity
[Jul 18, 2024 4:54 AM] The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance.
Arthur Hayes’ Maelstrom announces Bitcoin grant program of up to $250K per developer
[Jul 17, 2024 2:43 AM] The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi.
Is Altcoin Season Around the Corner? Bitcoin Halving Points to Potential Boom, Analyst Reveals
[Jul 13, 2024 2:00 AM] Although Bitcoin recent price plunge has sent several Altcoins on a free fall, with declines ranging from 30% to 70%, there appears to be a beacon of hope set to shine through the murk. The recent Bitcoin Halving in April is what the altcoin market…
Mining company TeraWulf pays off outstanding debt early
[Jul 9, 2024 3:06 PM] The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment.
Bitcoin Analyst Thinks Prices Must First Breach $50,000 Before Rallying
[Jul 8, 2024 2:30 PM] Bitcoin flash crashed on July 4 and 5, extending losses from all-time highs to about 30%. Though there was a relief bounce over the weekend, forcing the world’s most valuable coin up by nearly 11%, BTC remains within a bearish formation…
Bitcoin mining difficulty hits lowest level since March as price tops $57K
[Jul 6, 2024 1:26 PM] The drop in mining difficulty should spell relief for the largest mining firms.
Bitcoin Plunging: Is This The Best Time To Buy BTC?
[Jul 4, 2024 10:00 PM] Bitcoin is fast selling off. At spot rates, the world’s most valuable coin dropped by over 5% on the last day of trading and continues to spiral lower, easily breaking $60,000. The psychological round number has been level to watch out for…
World's largest Bitcoin miner didn’t sell any BTC in June
[Jul 3, 2024 6:55 AM] Marathon Digital said it aims to further strengthen its Bitcoin holdings through open-market acquisitions but may also sell to support operations in the future.
Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak
[Jul 2, 2024 3:30 PM] Recently, the price of Bitcoin (BTC) has entered a consolidation phase, fluctuating between $61,000 and $62,000 after a brief drop to $58,000 on June 24. While retail investors have shown renewed interest alongside institutional counterparts, the…
Bitcoin hashrate drawdown reaches December 2022 levels
[Jul 1, 2024 3:39 PM] This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities.
Will Bitcoin Continue Dumping? This Analyst Thinks So, Here’s Why
[Jun 28, 2024 9:30 AM] Bitcoin is consolidating, struggling for gains, and looking at price action in the daily chart. Even with the rejection of lower prices, the coin has yet to follow through, decisively reversing losses of June 24. Should Bitcoin Traders Brace For…
Bitcoin social sentiment decline may signal market bottom
[Jun 28, 2024 1:30 AM] The BTC price has failed to hit a new all-time high in over three months, even after the Bitcoin halving in April.
CoreWeave expands Core Scientific computing deal by $1.225B
[Jun 25, 2024 12:54 PM] Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities.
Survival of the Fittest: Here’s How Bitcoin’s Next Rally Hangs on Miner Capitulation
[Jun 21, 2024 12:30 PM] Amidst a backdrop of declining Bitcoin prices and economic uncertainty, renowned crypto analyst Willy Woo has offered a forecast that suggests a complex road ahead for BTC, with potential gains on the horizon after some ‘inevitable’…
Marathon’s BTC mining is heating an entire town in Finland
[Jun 21, 2024 3:40 AM] Selling excess heat from Bitcoin mining could be another financial lifeline for miners after the 2024 Bitcoin halving.
Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel
[Jun 20, 2024 3:00 PM] Bitcoin is trending lower at spot rates, sliding away from all-time highs. Looking at the performance in the daily chart, it looks like bears are stepping up, following the general inactivity in an overwhelmingly bearish trend. When writing, the…
Bitcoin miner reserves drop to lowest in 14 years
[Jun 20, 2024 2:46 AM] Miners are holding the least Bitcoin on their balance sheets since February 2010, but the fiat value of their reserves is hovering around an all-time high.