15 / 36 Relevant items tagged with #BitcoinMining
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Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report
[Apr 25 10:00 AM] Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long…
Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023
[Apr 24 11:33 AM] After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in hash prices.
Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High
[Apr 24 10:29 AM] Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new level of…
Jack Dorsey’s Block Is Building a Bitcoin Mining System
[Apr 24 8:12 AM] The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig
Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
[Apr 23 1:46 PM] The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021.
Jack Dorsey And Block Are Developing A Full Bitcoin Mining System
[Apr 23 11:39 AM] Block, a prominent global technology company focusing on financial services, has unveiled significant advancements in its bitcoin mining project today. The company has successfully completed the development of their three-nanometer (nm) bitcoin…
Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper
[Apr 23 9:26 AM] Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon…
Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC
Crypto Exchange Coinex Set to Auction ‘Epic Satoshi’ From Halving Block for 1 BTC Minimum
[Apr 22 7:33 AM] At 8:09 p.m. ET on April 19, 2024, the mining pool Viabtc successfully excavated block 840,000. This block notably encompassed 37.625 bitcoins from transaction fees, alongside a 3.125 bitcoin reward. This significant block also included a rare…
Chinese Embassy Advises Citizens in Angola to Avoid Crypto Mining
[Apr 21 11:33 PM] The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also urged its citizens to be vigilant of…
Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs
[Apr 21 2:18 PM] The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees.
Bitcoin Miners Always Sell Into Halvings, Is This Time Any Different?
[Apr 18 9:00 PM] On-chain data shows Bitcoin miners have always sold as Halvings have occurred. With the next one just around the corner, how are miners behaving this time? Next Bitcoin Halving Is Less Than Two Days Away Now In a CryptoQuant Quicktake post, an…
Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools
[Apr 18 2:15 PM] A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation…
Crypto for Advisors: Bitcoin’s Supply Reduction
[Apr 18 10:00 AM] What does Bitcoin’s fourth halving mean, and why does it matter?
Marathon Brings The Heat As Bitcoin Halving Approaches
[Apr 18 7:17 AM] While to the greater Bitcoin culture, Bitcoin halvings are seen as a celebratory event, for miners, things tend to be a tad stressful. As Bitcoiners around the world gather to celebrate block 840,000, miners are hunkering down and preparing for…
Bitcoin Miners Remain Optimistic About Future Despite Anticipated Revenue Loss
[Apr 18 5:16 AM] Although Bitcoin’s halving is expected to result in reduced block rewards for miners, several CEOs of bitcoin mining firms maintain a bullish outlook. In addition to investing in more efficient equipment, miners believe spot bitcoin exchange-traded…
Core Scientific Set to Boost Texas Mining Facility by 72 MW Ahead of Bitcoin Halving
[Apr 16 1:27 PM] With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts. This project is scheduled for completion by the end of the second quarter of 2024…
What Bitcoiners Are Saying About the Upcoming Bitcoin Halving
[Apr 16 11:57 AM] Is the halving priced in or not? Will it tank the bitcoin mining industry? Or accelerate adoption? Here's what experts and community members are saying about the fourth and perhaps most anticipated halving.
Bitcoin Miners Must Optimize to Survive
[Apr 16 9:51 AM]
Miners Race to Discover Block 840,000 as Bitcoin Halving Nears
[Apr 16 9:13 AM] Many enthusiasts in the Bitcoin community were anticipating the next halving to coincide with Saturday, April 20, 2024, but the latest data suggest it will likely occur a day earlier, on April 19. Despite a recent uptick in mining difficulty…
Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
[Apr 15 8:24 AM] A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2 billion mark. The performance of these mining stocks has declined compared to their stronger start earlier this year…
Bitcoin Halving Has Crypto Miners Racing for 'Epic Sat' Potentially Worth Millions
[Apr 15 1:00 AM] Bitcoin's once-every-four-years "halving" this week may be very different from those of earlier epochs, typically ho-hum affairs. Now, an intense competition is underway to mine the first block after the halving, which could contain a rare and…
Kiyosaki Reacts to $200 BTC Crash Prediction, Miners Offload BTC Ahead of Halving, and More — Week in Review
[Apr 14 6:11 AM] Robert Kiyosaki expressed his stance on potentially investing more in Bitcoin if its price plummets to $200, as economist Harry Dent has forecasted. Cryptoquant data reveals that Bitcoin miners are selling off their holdings in anticipation of the…
Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving
[Apr 13 7:33 AM] Following the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a daily basis. Should the prices remain low leading up to the…
A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
[Apr 12 3:32 PM] Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’…
Report: Bitcoin Miners Strengthen Reserves Ahead of Fourth Halving
[Apr 12 12:14 PM] As we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000, with the milestone expected to occur in about a week. Recent data from theminermag.com’s Miner Weekly on Thursday shows…
Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain
[Apr 12 8:39 AM] The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest…
Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event – Here’s Why It Matters
[Apr 11 1:00 PM] The Bitcoin network mining difficulty has surged nearly 4% to hit an all-time high just a few days before the highly anticipated Halving event. This adjustment, recorded at 86.4 trillion, marks a crucial milestone in the cryptocurrency’s…