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Nalezeno "Profitability": 112

Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction

10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...

Bitcoin Cash Hashrate Gains Momentum: Miners Flock to BCH as Profitability Surges

30.6.2023
Over the past two weeks, bitcoin cash has experienced a significant surge, increasing 182% against the U.S. dollar and attracting more hashrate to its network. Approximately 22 bitcoin cash mining pools are now allocating SHA256 hashrate to the chain as BCH is currently 2.7% more lucrative to mine...

Floxypay Aims to Empower its Community Through Native Token Launch

19.6.2023
PRESS RELEASE. Floxypay, the leading one-stop solution for cryptocurrency enthusiasts, is excited to announce the launch of its native ERC20 token, FXY. As the backbone of the Floxypay ecosystem, FXY brings a new level of convenience, profitability, and security to users navigating the digital...

If Microstrategy Chose ETH Over BTC, the Firm Would Be up 54% and Ahead by More Than $2B, Data Reveals

12.6.2023
At 1:19 p.m. Eastern Time on Sunday, June 11, 2023, Microstrategy, a publicly-listed company, had 140,000 bitcoin (BTC) on its balance sheet. Despite this impressive figure, a data analyst at blockchaincenter.net compiled metrics that reveal the company’s investment has decreased in value...

Bitcoin mining firms keep building despite BTC mining profitability slump

2.6.2023
Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs

ASIC Heavyweights: These Are the Most Profitable Proof-of-Work Algorithms in 2023

24.5.2023
Eight months ago, there was a significant transformation in the realm of lucrative proof-of-work (PoW) mining algorithms when Ethereum made the transition from PoW to proof-of-stake (PoS). During that period, the prevailing consensus algorithms for mining were Kadena, Scrypt, and Cuckatoo32....

Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak

19.5.2023
On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it the most difficult it has ever been to discover...

Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed

16.5.2023
According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers,...

What is the risk/reward ratio in cryptocurrency trading, and how to use it

8.5.2023
The risk/reward ratio in crypto trading is the potential loss or gain of a trade used to assess profitability

US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls

5.5.2023
Recent data reveals that while the banking industry in the U.S. is facing significant challenges, executives are mentioning “credit tightening” more frequently in earnings calls than during the 2008 financial crisis. Additionally, Google Trends data indicates a surge in search queries...

Crypto exchange Huobi returns to profitability in Q1 after restructuring

10.4.2023
After cutting employees and benefits, the cryptocurrency exchange reportedly made a $30 million profit during the first quarter of 2023

Key Indicator of Bitcoin Market Profitability Turns Bearish – Here’s What That Means for the BTC Price

7.3.2023
A key indicator of profitability in the Bitcoin market just turned negative, a bearish sign according to some analysts. In wake of Bitcoin’s latest price dip back to the $22,000 area, the 30-day Simple Moving Average of the average Spent Output Profit Ratio (aSOPR) recently fell back below 1,...

The Bitcoin Market’s Return to Profitability in 2023 is a Massive BTC Bull Signal, Widely Followed On-chain Indicator Suggests

2.3.2023
Bitcoin’s ferocious January price rally launched much of the market back into profitability for the first-time months. The Bitcoin market’s return to profitability is seen in the resurgence in the price, last at around $23,500, above the so-called “Realized Price”, which is the average BTC price...

Arbitrum-Based Radiant Capital Targets Outsized Platform Profitability With V2 Launch

10.2.2023
Radiant has already generated $5 million in fees for users since its July launch

Bitcoin Investors Are Back in Profitability – Does this Mean the Bear Market Capitulation Phase is Over?

7.2.2023
In wake of a month of explosive upside, “Bitcoin is consolidating above the on-chain cost-basis of several cohorts,” crypto analytics firm Glassnode said in their latest weekly on-chain newsletter. As a result, this has put “the average BTC holder into a regime of unrealized profit,...

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%

27.1.2023
Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power...