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Nalezeno "Miners": 1925

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 Transaction Costs Soar 400% Amid Halving Hyperbole

11.5.2020
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...

Genesis Mining’s Marco Streng: 'You Can't Just Switch Miners On and Off'

11.5.2020
The Cointelegraph Bitcoin Halving live party continues with a deep dive into how the mining industry is affected by the sudden, but very predictable revenue shock

Unprofitable Miners Already Leaving Bitcoin Network Ahead of BTC Halving

11.5.2020
The halving is just a few hours away — and many miners are already shutting their soon-to-be unprofitable rigs, says Poolin VP Alejandro De La Torre

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

Quantitative Hardening: Dissecting the Third Bitcoin Halving, 3 Key Data Points to Watch

10.5.2020
In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and speculators wonder what will happen after the event. Currently, according...

Europe’s Top Miners Share Local Industry Insights

10.5.2020
A study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs

The Halving Looms, Wright Plagiarizes, & Miners Face Serious Difficulties: Bad Crypto News of the Week

9.5.2020
Check out this week’s Bad Crypto News

Bitcoin Halving Means Miners Will No Longer Be Biggest Sellers of BTC

9.5.2020
Bitcoin halving will reduce the BTC inflation rate below 2% and miners will no longer be the biggest sellers

Miners in Europe Gear Up for Bitcoin Halving, but Energy Costs Still a Barrier

9.5.2020
As the halving approaches, miners in Europe face a serious challenge: Can they survive the event, and will the industry thrive post-halving?

Rain, Government, and BTC Bulls to Help Chinese Miners After Bitcoin Halving

9.5.2020
The third Bitcoin (BTC) halving will change the mining industry. With mining reward effectively being cut by 50%, many miners and mining companies will be forced offline. Only the most efficient and economically viable will survive. The question is: will the surviving miners be mostly concentrated...

Catastrophic Disruption or Healthy Rebalancing? How The Halving Will Impact Miners

9.5.2020
With the Bitcoin halving set to transpire in just a few days, analysts are predicting significant disruptions to mining operations

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...

One of Bitcoin’s Earliest Miners Is Dedicating $66M in Crypto to a Fund of Funds

8.5.2020
Bixin, one of the earliest bitcoin miner operators and wallet startups, is dedicating 6600 bitcoin, worth $66 million, to a new fund of funds

BTC Miners Expect Bitcoin Price to Surpass $12K After Reward Halving

7.5.2020
Miners are hoarding most of the Bitcoin they mine ahead of the halving, showing they expect a much higher price after the event

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...