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Bitcoin Miners To Experience First Post-Halving Difficulty Adjustment


The first post-halving Bitcoin (BTC) mining difficulty adjustment is tomorrow, and it's likely bringing much-needed relief to BTC miners that experienced their third pay cut a week ago. Just six days ago, following the historic third halving of BTC mining reward - lowering the block subsidy from...

45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving


On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...

Crypto Derivatives Exchange FTX Launches Bitcoin Hashrate Futures


On Friday, Cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk. Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network....

Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In


Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...

Some Bitcoin Miners Flock to Bitcoin Cash And Bitcoin SV


While it might take weeks until we have a clear picture of the Bitcoin network after its third halving, it looks like some of its miners have already turned to Bitcoin Cash (BCH) and Bitcoin SV (BSV). BCH saw its hashrate almost doubling on the day of BTC's halving, on May 11. As reported, after...

Bitcoin Miners Send Bullish Signs Ahead of Halving


There's some bullish news from the mining industry ahead of Bitcoin (BTC) halving. Miners are hoarding BTC, expecting higher prices and buying rigs in the thousands, while the recent rally has made older rigs profitable once more, thus pulling many miners away from the exit door. The miners have...

Europe’s Biggest Nuclear Station Might Give Electricity to Bitcoin Miners


Cooling towers at Zaporizhzhia Nuclear Power Station. Ukraine’s plan to offset the financial chaos of the coronavirus pandemic might involve nuclear-powered cryptocurrency mining, says its energy ministry. Yesterday, the country’s Ministry of Energy and Environmental Protection announced that...

Hut 8: The Struggles of One of Canada’s Largest Miners


CoinDesk Research presents an in-depth look into one of the largest publicly listed mining companies, Hut 8. The upcoming halving will impact mining operations everywhere – we look at Hut 8’s financials and operations to get a feel for what lies ahead

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