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Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
2.7.2024
The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to invest over $400 million in the country due to...
Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall
29.6.2024
With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $50 and hovering just above...
Bitcoin network transaction fees temporarily soar to nearly $52
7.6.2024
The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning
Galaxy Digital’s revenue soars with mining, fees at record levels
14.5.2024
Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
3.12.2023
November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by miners within the year. Bitcoin Mining Fees Soar...
Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K
28.6.2022
The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow
Bitcoin fees plummet as mempool clears to zero
11.11.2020
Reduced mempool activity not only results in reduced fees but gives users a chance to perform transactions that may not otherwise be practical
Bitcoin Miners Saw 7% Revenue Increase in July
1.8.2020
Bitcoin miners earned $300 in revenue during July
Bitcoin Miners Saw 23% Revenue Drop in June
2.7.2020
Bitcoin mining revenue dropped 23% in June to approximately $380 million
F2Pool Returns $500K of Abnormal ETH Transaction Fee to Sender
18.6.2020
F2Pool returns about $500,000 in abnormal ETH transaction fee to its sender after encountering the issue on June 11
Post-Halving Reality: 17% Of Miner Revenue is Coming From Fees
16.5.2020
In the post-halving reality, Bitcoin miners revenue has dropped by over 60 percent
Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price
13.5.2020
A slowly rising bitcoin price might not help some miners run profitable operations now that the halving is in the past
Bitcoin Thermocap Approaches $15B as Miners Hit $1B in Fee Revenue
31.10.2019
Bitcoin pays out $15 billion to miners since 2009
Why Bitpay Is Really Charging More for BTC Transactions
6.6.2019
Bitpay has recently been attacked on social media for charging an extra fee for BTC transactions that it doesn’t ask of BCH users. The reality is that the company simply has to cover its operational costs related to the BTC network, whose fees are currently very high again. Also Read: How...