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From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin
25.6.2024
According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was directed to the centralized cryptocurrency exchanges Kraken and Coinbase. Bitcoin Wallet Linked to German Police...
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
18.6.2024
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners...
Bitcoin breaks 18-month hashrate uptrend. Are BTC miners capitulating?
14.6.2024
Despite the drop in hash rate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000
Bitcoin market shows resilience despite miner capitulation
13.6.2024
Bitcoin Halving happened a couple of months ago. It reduced the supply of Bitcoin ($BTC). Thereby making the token expensive for the community and reducing mining requirements for miners. Also, the Halving event slashed rewards for miners to bring down their profitability. This led to miner...
Bitcoin market in flux: Institutional investors, price drops, and miner capitulation
12.6.2024
Bitcoin has recently witnessed a whirlwind within the finance world, with a relatively stable price ranging from a support level of $66,177.99 to a resistance level of $67,597.89 at 9.08 AM (GMT). However, not all have been merry in the crypto market for BTC. With gyrating exchange rates, corporate...
‘No signs’ of Bitcoin miner capitulation despite plummeting revenue
1.5.2024
CryptoQuant CEO Ki Young Ji said that despite a drop in Bitcoin mining revenues since the halving, Bitcoin miners haven’t shown any signs of capitulation
New BTC miner capitulation? 5 things to know in Bitcoin this week
28.11.2022
Bitcoin miners face a shakeout, one metric warns as the November monthly close looms for BTC
Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since August 1
19.8.2022
Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the last two weeks, selling 5,925 bitcoin worth millions...
Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July
6.8.2022
Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market
Bitcoin miner capitulation due to end amid 1st difficulty increase since June
1.8.2022
It may be as soon as August that miners start returning, and difficulty is already planning an uptick
Bitcoin miner 'capitulation event' may have already happened — research
24.6.2022
Investigative work argues that on-chain metrics are proving miners have capitulated, while whales appear to be lone Bitcoin dip-buyers
The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production
7.2.2022
Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However...
4 Reasons the Bitcoin Halving Won't Trigger a Big ‘Miner Capitulation’
12.5.2020
Bitcoin miners are not likely to see capitulation and especially a “mining death spiral” after the 2020 halving due to four major reasons
Bitcoin Halving Capitulation: ‘Mining Death Spirals Don’t Happen in Real Life,’ Says Report
31.3.2020
As the bitcoin halving approaches, crypto-mining ‘death spirals’ and miner capitulation have become prominent topics among digital currency enthusiasts. Despite the trending discussions, Coinshares head of research Christopher Bendiksen published a study that says “[bitcoin]...
Litecoin ‘Largest Miner Capitulation’ Great News for Bitcoin — Analyst
7.1.2020
Willy Woo is eyeing Litecoin technicals for hints that Bitcoin could soon enter a bullish phase
Bitcoin Mining Difficulty, Hash Rate Up; Miner Capitulation Postponed?
22.11.2019
While the price of Bitcoin (BTC) is dropping, the mining difficulty and hash rate went up. This has led some market observers to believe that we may not see a mass miner capitulation yet.
When the price drops and mining revenues decrease, miners who struggle to earn profits are forced to shut...
Miner Capitulation Speculated in Light of Falling Bitcoin Price
19.11.2019
As the price of Bitcoin (BTC) continues to drop, there’s been talk that many Bitcoin miners will have to start shutting down their machines.
The world’s most expensive cryptocurrency has been getting cheaper lately, dropping below USD 9,000 on November 8, and some experts estimate it could go below...