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Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC
26.4.2024
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average of 5.105 BTC per block, between a blend of new BTC and transaction fees, following a peak in...
Runes are offering a significant lifeline for Bitcoin miners: TeraWulf CEO
26.4.2024
The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BTC miners, according to TeraWulf’s CEO, Nazar Khan
'Epic sat' mined from fourth Bitcoin halving block sells for $2.1M
26.4.2024
One satoshi is currently worth $0.00065 — but some sats hold inherent “collectible value” in the Bitcoin ecosystem, cryptocurrency exchange CoinEx Global explained
Bitcoin Mining Pool ViaBTC Sells 'Epic' First Post-Halving Sat for $2.13M
25.4.2024
The pool mined the first block after last week's halving, winning an "epic" sat in the process
Runes Make Up 68% of All Bitcoin Transactions Since the Halving
25.4.2024
Runes have contributed to up to 68% of Bitcoin transactions since the halving, however, the fees earned by Bitcoin miners have started to dwindle.
The post Runes Make Up 68% of All Bitcoin Transactions Since the Halving appeared first on Cryptonews
Bitcoin Inflation Rate At An All-Time Low
25.4.2024
Bitcoin's inflation rate has reached a new milestone, recording an all-time low of approximately 1.74%, just days after the latest Bitcoin halving.
The post Bitcoin Inflation Rate At An All-Time Low appeared first on Cryptonews
Post Bitcoin Halving Miners See Temporarily Higher Fees: CryptoQuant
25.4.2024
Since the fourth Bitcoin halving took place resulting in Bitcoin issuance dropping from 900 to 450 per day miners have seen daily revenue hit a record high of over $100 million, said CryptoQuant the on-chain data analytics firm based in South Korea.
The post Post Bitcoin Halving Miners...
Bitcoin analysts agree that BTC has ‘a lot further to run’
24.4.2024
Key on-chain metrics suggest a higher baseline for Bitcoin price now that the halving is complete
Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023
24.4.2024
After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in hash prices
PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon Energy
23.4.2024
On April 22, PayPal announced a new initiative to support Bitcoin mining that uses less energy. The multinational payment company intends to use Bitcoin to compensate cryptocurrency miners that use renewable energy.
The post PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon...
There’s more to Bitcoin than just the halving — Why it pays to be long on BTC
23.4.2024
Bitcoin price has gained 58% since January, but Unchained researcher Joe Burnett says there are plenty of reasons for investors to keep buying BTC
Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
23.4.2024
Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing...
Is Bitcoin Halving 2024 a Game-Changer for Investors? Find Out What Experts Predict
23.4.2024
Before the 2024 Bitcoin halving, Bitcoin (BTC) experienced a rally. But what do experts think about investor prospects after the halving?
The post Is Bitcoin Halving 2024 a Game-Changer for Investors? Find Out What Experts Predict appeared first on Cryptonews
Altcoins and Memecoins Poised for Short Squeeze Following BTC’s 4th Halving: QCP
23.4.2024
The completion of Bitcoin's fourth halving has left traders and investors speculating about the short-term market dynamics.
The post Altcoins and Memecoins Poised for Short Squeeze Following BTC’s 4th Halving: QCP appeared first on Cryptonews
Bitcoin Users Spend Record $2.4M in Fees to Be a Part of Bitcoin Halving History
23.4.2024
Investors spent more than 37.7 Bitcoin, worth $2.4 million, in fees to claim their spot on the 2024 Halving Block, making it the most expensive block ever mined.
The post Bitcoin Users Spend Record $2.4M in Fees to Be a Part of Bitcoin Halving History appeared first on Cryptonews
Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein
22.4.2024
The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said
Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says
22.4.2024
Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said
BlackRock’s IBIT ETF Sees Cash Inflows for 69 Days Straight
22.4.2024
BlackRock’s spot Bitcoin exchange-traded funds (ETF) iShares Bitcoin Trust trading under the ticker “IBIT” has seen inflows 69 days straight following the Bitcoin halving event, said Bloomberg Intelligence ETF analyst Eric Balchunas in a social media post.
The post BlackRock’s IBIT ETF Sees Cash...
Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply
21.4.2024
After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840,179, miners are now earning less bitcoin...
Deutsche Bank Expects Bitcoin Price to ‘Stay High’ After Halving — JPMorgan Disagrees
21.4.2024
JPMorgan Chase and Deutsche Bank have weighed in on potential price movements for bitcoin following the halving. “We continue to expect prices to stay high,” Deutsche Bank analysts said. JPMorgan analysts, however, stated that they “see downside for the bitcoin price post...