4 / 7 Relevant items tagged with #BitcoinMiners
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With 1 Month to Go, Bitcoin Halving Poised to Shift Mining Dynamics
[Mar 20 7:30 AM] Per the most recent data, we are a month away, or precisely 30 days, from the fourth Bitcoin halving event. This significant milestone will cut the mining rewards from 6.25 bitcoins per block to 3.125 bitcoins per block after the halving. The…
Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days
Bitcoin Demands Exceeds Miner Supply By 1,300%, Why A Push To $237,000 Is Possible
[Feb 23 12:00 PM] As the Bitcoin Halving draws nearer, there is so much optimism about what could happen to Bitcoin’s price in the aftermath of this event. This optimism is further heightened by a recent development showing how Bitcoin’s demand far outpaces its…
Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches
[Feb 18 6:30 PM] The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per day. This downturn is in sync with a decrease in the daily…
Bitcoin Mining Firms Terawulf and Cleanspark Ramp up Hashrates, Boost Financial Footing
[Feb 16 11:30 AM] This week witnessed significant expansions in the bitcoin mining sector, with two leading firms unveiling substantial increases in their operational hashrate. Terawulf disclosed that its self-mining business has escalated to 7.6 exahash per second…
Bitcoin Miner Reserves Drop To June 2021 Levels, What This Means For Price
[Feb 7 6:30 PM] Bitcoin miner reserves can often be a tell for where the market could be headed next due to their large holdings. These reserves going up or down can pinpoint how miners are looking at the market, and a drop in their reserves can be bad for the BTC…
Bitcoin Miner Selling Ahead of Halving Is Capping Prices: Bitfinex
[Feb 6 2:17 PM] Miner reserves saw continued net outflows since bitcoin ETF debut, falling to its lowest level since June 2021, CryptoQuant data shows.
Bitcoin Miner Selloff Poses “Negligible Impact”, Quant Argues
[Jan 31 8:00 AM] On-chain data shows the Bitcoin miners have been selling recently, but this quant has argued that this selloff shouldn’t have much impact on the market. Bitcoin Miner Reserve Has Registered A Decline Recently In a CryptoQuant Quicktake post…
Do Bitcoin ETFs Kill the Bull Case for Crypto Equities?
[Jan 24 10:45 AM] The days of rising crypto prices lifting all boats, including mining stocks, may be gone. But it still looks like being a good year for digital assets, says Alex Tapscott.
Heightened Bitcoin Fees and Erratic Mining Revenues Herald Murky Shift as Halving Nears
[Jan 20 9:00 AM] Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the Bitcoin network has consistently stayed over $5. Additionally, since Dec. 4, 2023, these fees have predominantly been over $10, with…
Why Is Bitcoin Price Trading Sideways? 3 Key Factors
[Jan 18 6:00 AM] The Bitcoin price has been experiencing a phase of stagnation over the past days, leaving investors and analysts searching for the underlying causes. Three key factors can be seen as central to explaining Bitcoin’s current sideways trading…
Bitcoin Sees Massive Sell-Off From Miners, As Price Holds Steady
[Jan 18 5:00 AM] Amid the excitement encompassing the approval of Bitcoin Spot Exchange-Traded Funds (ETFs), BTC miners have been spotted carrying out an aggressive selling spree leaving the community to ponder on the impact of the sell-off. Bitcoin Miners Engage…
Bitcoin’s Ordinal Inscriptions Soar Beyond 55 Million, Achieving Third Highest Daily Record
[Jan 16 10:00 AM] Following the weekend, the tally of Ordinal inscriptions on the Bitcoin blockchain surpassed 55 million. Notably, on Jan. 13, 2024, the blockchain witnessed its third-highest day of inscriptions, settling an impressive 477,751 inscription-based…
Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks
[Jan 13 10:30 AM] Although spot bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday…
Bitcoin Erases Recovery As Miners Cash Out 3,000 BTC
[Dec 29, 2023 8:30 AM] On-chain data shows the Bitcoin miners have participated in a 3,000 BTC selloff recently, something that may explain the asset’s latest pullback. Bitcoin Miner Reserve Has Taken A Plunge Recently As pointed out by analyst Ali in a new post on…
Bitcoin Mining Difficulty Hits Record 72 Trillion Amid Hashrate Surge and $600M Spent on ASICs in December
[Dec 24, 2023 2:30 PM] On Dec. 23, 2023, Bitcoin’s mining difficulty soared to a record level at block height 822,528. The difficulty surged by 6.98%, marking the most substantial escalation in nine months, since March 23. This increment set a new precedent…
Bitcoin Fees Spike to 2-Year High as Ordinals Bonanza Gives Windfall Profit to BTC Miners
[Dec 18, 2023 11:21 AM] Share prices of publicly listed bitcoin mining companies are "on fire" thanks to high transaction fees, one analyst said.
Bitcoin Miners Hit Record $9.97M Earnings From Ordinals; 61% of BTC Transfers Inscription-Driven
[Dec 17, 2023 2:00 PM] In the wake of a substantial increase in onchain transaction fees for Bitcoin, the compensation to bitcoin miners from inscription-based transfers has hit a record peak in the last 24 hours. An estimated total of $9.97 million was allocated to…
Bitcoin Difficulty Set for Upturn Amid Escalating Hashrate and Soaring Miner Fees
[Dec 16, 2023 9:00 AM] After the last adjustment that resulted in a slight 0.96% reduction, the upcoming difficulty retarget on Dec. 23, 2023 is anticipated to bring about an increase, eclipsing the previous decline, as the hashrate regains its upward trajectory. The…
Bitcoin Miner Revenue Sees Massive 6-Month Crash – What’s Going On?
[Dec 2, 2023 9:40 AM] Despite Bitcoin being up over 100% year-to-date (YTD), a recent report shows that this hasn’t necessarily translated to profits for the network’s miners. Instead, these miners seem to be experiencing a downturn in their revenue even as the Bitcoin…
Antpool Offers Refund for $3 Million BTC Transaction Fee, Sets Verification Deadline for Claimant
[Nov 30, 2023 8:30 AM] Following a claim from an individual asserting they had lost 139 bitcoin in a hack, where 83.65 BTC was utilized as a heightened fee to expedite its mining, Antpool has disclosed its readiness to reimburse the mistakenly paid fee. Antpool specified…
Bitcoin’s Mining Difficulty Hits Record High With Sixth Consecutive Rise
[Nov 26, 2023 9:30 AM] On November 25, 2023, the Bitcoin network marked its sixth consecutive difficulty rise, reaching a new peak at block 818,496. The difficulty soared by 5.07%, setting a record high of 67.96 trillion, a level that will persist until the next…
Bitcoin Hashrate Hits Historic 500 EH/s Peak
[Nov 23, 2023 12:30 PM] On November 22, 2023, data revealed that Bitcoin’s hashrate, as calculated on a seven-day moving average, attained an unprecedented level of 500 exahash per second (EH/s), which is tantamount to about 0.5 zettahash per second (ZH/s)…
With 93% of Bitcoin’s Supply Mined, Network’s Hashrate and Difficulty Surge in Synchrony
[Nov 19, 2023 4:30 PM] On Sunday, November 19, 2023, Bitcoin’s hashrate maintained a steady pace at 468 exahash per second (EH/s), surpassing the intended ten-minute block interval average. The most recent block was processed in just 7 minutes and 37 seconds…
Bitcoin Difficulty Hits Record 64.68 Trillion Amid 5 Straight Increases Since September
Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K
[Nov 2, 2023 4:31 PM] Bitcoin [BTC] mining stocks soared Thursday amid stable bitcoin price near its 17-month highs and bullish equity markets.
Solo Bitcoin Miner Snags $200,000 Block Reward, How Did They Do It?
[Oct 30, 2023 1:00 PM] A solo Bitcoin miner has struck gold after successfully claiming a $200,000 block reward. The considerable achievement has captured the attention of fellow miners and crypto enthusiasts, highlighting the potential for lone miners to effectively…
Bitcoin Difficulty Soars to Record 62.46 Trillion, Miners Unfazed Amidst Tight Competition Between Foundry and Antpool
[Oct 30, 2023 7:30 AM] On October 29, 2023, Bitcoin’s difficulty rose 2.35%, reaching a record 62.46 trillion. This uptick represented the fourth consecutive rise over the preceding six weeks. The next difficulty epoch is slated for November 12, 2023, and as it stands…
Bitcoin Miners Brace for 4th Consecutive Difficulty Rise Amidst Hashrate Surge
[Oct 28, 2023 8:02 AM] Despite facing a formidable difficulty level of 61.03 trillion, bitcoin miners are gearing up for their fourth consecutive difficulty rise set to unfold on October 30, 2023. Surprisingly, the previous three surges in difficulty failed to thwart…