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Nalezeno "Bitcoin miners": 1084

Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China

4.6.2020
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in Yunnan...

Miners Are Selling More of Their Bitcoin. That May Actually Be Bullish

3.6.2020
The conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining

Relief to Bitcoin Miners as Double-digit Difficulty Adjustment In Sight

3.6.2020
With the second post-halving bitcoin (BTC) mining difficulty adjustment set to occur shortly, miners might once again breathe a sigh of relief after the previous such event also made life easier for players in the highly competitive industry. This time, difficulty, a measure showing how hard it...

Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash

30.5.2020
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on...

Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers

23.5.2020
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty

Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving

20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...

Bitcoin Miners To Experience First Post-Halving Difficulty Adjustment

18.5.2020
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

17.5.2020
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

15.5.2020
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

14.5.2020
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...

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

Some Bitcoin Miners Flock to Bitcoin Cash And Bitcoin SV

13.5.2020
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...

Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving

12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...

Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates

11.5.2020
The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before...

Bitcoin Miners Sell BTC Months After Halving, On-Chain Data Suggests

10.5.2020
The Bitcoin halving is just one day away, and historical data suggests a post halving selloff isn’t guaranteed

Bitcoin Miners Send Bullish Signs Ahead of Halving

8.5.2020
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

6.5.2020
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...