In March, publicly traded mining companies sold more than 40% of their newly mined bitcoin, marking the largest monthly liquidation since October 2024. This trend breaks with the accumulation strategy observed after the last halving.
In March, publicly traded mining companies sold more than 40% of their newly mined bitcoin, marking the largest monthly liquidation since October 2024. This trend breaks with the accumulation strategy observed after the last halving.
1 Zettahash, a technical victory for Bitcoin, but a chilling economic blow for miners: a record power that hides compressed margins and falling prices.
The Bitcoin network continues to surprise. While analysts expected a slowdown in hashrate after the April 2024 halving, the computing power mobilized by mining companies has just reached a historic record of 833 exahashes per second (EH/s), an increase of 9% in just a few days. This surge in power is explained by the massive investments made by mining companies, which anticipated the reduction in block rewards by strengthening their infrastructure. However, a surprising contrast emerges: despite a price hovering around 100,000 dollars, transaction fees are at historically low levels, which undermines the profitability of mining companies and raises questions about the economic balance of the network.
At $105,000 per Bitcoin, miners are singing in the rain of exahashes. Fierce competition, stellar margins: it’s a dance of numbers and electricity.
Mining involves using powerful computers to solve complex problems and validate transactions on the blockchain. Among the equipment used to mine Bitcoin, ASICs are certainly the most widespread in the industry. Discover everything you need to know to get started with ASIC mining!
Are you interested in mining Bitcoin (BTC) and hesitating to start with a processor (CPU)? Know that it is entirely possible to mine Bitcoin using the processing power of your computer. In fact, it is an easy way to get started in cryptocurrency mining, as you do not need expensive hardware or special knowledge. In this article, we will guide you through your first steps in CPU mining.
Have you ever heard of FPGA? It is a type of hardware used for mining cryptocurrency, whose popularity continues to grow. This article covers all the necessary steps to mine Bitcoin (BTC) with this device. But before diving into the heart of the matter, let’s start by defining the concept and what the advantages and disadvantages of this practice are.
The Stratum mining protocol is an essential component of the Bitcoin (BTC) network. It allows mining software to connect efficiently and securely to the blockchain, optimizing the mining process. Developed in 2012, Stratum has since become the most popular protocol used for mining bitcoins. In this post, we will explore the definition of this technology and the reasons why it is so important for Satoshi Nakamoto's network.
Bitcoin is a popular cryptocurrency that facilitates secure and decentralized exchanges. Each transfer of bitcoins from one user to another is a mathematically verified operation to ensure the reliability of exchanges. Let's see how these calculations take place in the network and how they contribute to the bitcoin mining process.
The hash rate or hashing rate in French is a measure that indicates the mining power of a computer per second. It is closely monitored by blockchain professionals because it allows for measuring the speed of Bitcoin mining. In summary, it is a data point used to evaluate the number of crypto-assets that can be mined with a given hardware. How is this rate measured? How does it vary? And what is its importance for miners and investors?
Bitcoin mining is the process by which new units of bitcoins (BTC) are created. It is an effective method if you want to acquire Bitcoin. But before you dive into this activity, you may be wondering how long it takes to generate BTC. In this article, we will explore this question in depth. You will discover, among other things, how difficulty, hash rate, and other parameters influence this metric.
Bitcoin is a digital currency that has quickly gained popularity in recent years. One of the key components of Bitcoin is the hash value, which is a unique identifier associated with each transaction and each Bitcoin block. In this article, we will explore what a hash value is and why it is so important for the Bitcoin blockchain.
The hashprice is a very important metric for crypto miners. It is particularly useful when it comes to determining the profitability of their operations. Therefore, if you are interested in Bitcoin (BTC) mining, or if you are simply a cryptocurrency enthusiast, you will probably want to learn more about it. This article explains in detail what hash price is and why it is so relevant in the crypto industry.
Initially, Bitcoin (BTC) mining was an activity practiced exclusively by a handful of insiders. However, over time, more and more people began to engage in it. As the phenomenon grew, mining farms started to emerge. In this article, we will explore what these platforms are, how they operate, and why they are interesting. We will also look at how they are powered, whether they are profitable, and what their future holds.
The entire technology surrounding the Bitcoin ecosystem continues to fascinate us. Every element and feature is important for ensuring the proper functioning, security, and decentralization of the network. This is the case with the hashrate, which is a measure of the total computational power required by the Bitcoin network to validate new blocks. The hashrate is essential for the Bitcoin mining process. But what exactly is it? How does it work? And above all, what is it used for?
When Bitcoin doesn't take off, miners row against the current, and their profitability is sinking. Stuck below the surface!
When Bitcoin's hash rate plays yo-yo, miners risk their shirts between energy costs and competition.
The Bitcoin network difficulty spikes by 14%: BTC miners juggle costs, awaiting better days.
Bitcoin: Market analysis after the 2024 halving - Price, realized capitalization, active addresses, hash rate, and ETFs.
After an initial post-Halving drop, the computing power of the Bitcoin network has surged to establish a new all-time high!
On March 14, the Bitcoin mining difficulty reached a record level of 83.95 trillion hashes, reflecting increased competition among miners. Paradoxically, on the same day, the price of BTC experienced a massive drop after reaching a historical high of $73,835.
Russian bitcoin miners are on track to overtake China with 12% of the global hashrate.
Bitcoin recently exceeded 500 EH/s. That is, 500 trillion trillion hashes per second. Putting things into perspective.
Here is a selection of figures putting the year 2023 into perspective for bitcoin. Fifteen years already...
As the hashrate has soared by 102% in 2023 and the halving is approaching, bitcoin miners continue to strengthen their operations.
Here is a small quiz created by TheMinerMag that will keep bitcoin miners busy during the quiet times of the holiday season.
The hashrate of Bitcoin mining has just reached a new historical record, indicating enhanced network security.
About 6 months from now, the Bitcoin halving, which is the 'halving' of rewards given to miners working with the Bitcoin protocol, is set to take place. The Bitcoin halving has been the subject of various speculations and analyses, with discussions ranging from the potential price increase of BTC to the challenges miners might face, as well as systemic effects. JP Morgan predicts that this event will have a negative impact on the profitability of mining operations.
Bitcoin remains in the red year-on-year. However, this long period in the wilderness augurs well for a symmetrical bull market.
The Russian mining industry is experiencing strong growth, with BitRiver leading the way, propelling Russia into the top 3 globally.