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Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
31.7.2024
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which have led to a reduction in selling pressure from miners. Miners Hold Steady:...
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
31.7.2024
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle...
What happens when 1% of Bitcoin holders control 99% of BTC supply?
29.7.2024
Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply
Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High
28.7.2024
According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25. Bitcoin Hashrate...
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
26.7.2024
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in the expansion...
World’s largest BTC miner Marathon buys $100M BTC to go 'full hodl'
25.7.2024
Marathon remains bullish on Bitcoin price in the long term, as it sold none of the BTC it mined during June
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
24.7.2024
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more...
Senator Cynthia Lummis releases report attacking Biden’s mining tax
23.7.2024
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers
Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit
22.7.2024
Bitcoin Mining Is So Back (Except It's AI Now)
18.7.2024
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices
Bitcoin hashrate drawdown hits bear market levels, but miners aren’t selling
18.7.2024
Could miner capitulation signal that selling pressure is easing, or could it be the death spiral that takes Bitcoin out of its decade-long run?
Bitcoin miner Cipher receives takeover offer, considers sale: Report
17.7.2024
Cipher's initial public offering (IPO) was in 2021. Its current market cap is more than $2 billion
Bitcoin L2s help crypto miners in Asia supplement income with staking
17.7.2024
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving
Bitcoin L2s help crypto miners in Asia supplement income with staking
17.7.2024
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving
Crypto stocks surge alongside Bitcoin price rally
15.7.2024
Crypto stocks’ strong performance was largely attributed to growing bets that Donald Trump will win the presidential election
Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether
15.7.2024
On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214 million ($233 million) through the issuance of new shares. The company aims to enhance its cloud platform and expand its data centers in Europe and the United States. Bitcoin Miner...
US Bitcoin miners hodl in expectation of BTC price rises
15.7.2024
US mining firms are confounding pre-halving expectations by hodling the BTC they mine
Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June
13.7.2024
Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash per second (PH/s) of hashrate remains notably low at $47.79 per PH/s. Despite the revenue decline, Bitcoin’s hashrate is still just under...
Bitfarms calls October shareholder meeting amid attempted Riot takeover
12.7.2024
Riot Platforms holds just under a 15% stake in Canadian mining firm Bitfarms and hopes to replace key board members with picks seeming favorable to its interests
Bitfarms calls October shareholder meeting amid attempted Riot takeover
12.7.2024
Riot Platforms holds just under a 15% stake in Canadian mining firm Bitfarms and hopes to replace key board members with picks seeming favorable to its interests