When Bitcoin doesn't take off, miners row against the current, and their profitability is sinking. Stuck below the surface!
When Bitcoin doesn't take off, miners row against the current, and their profitability is sinking. Stuck below the surface!
Bitcoin is selling like hotcakes, miners are overwhelmed producing five times less than demand. Beware of the bubble!
75% of Bitcoins have not moved, but panic is spreading among traders. Miners are preparing to capitulate.
When Bitcoin's hash rate plays yo-yo, miners risk their shirts between energy costs and competition.
The massive sales of bitcoins by miners are causing the market to plunge, raising concerns among traders.
The Bitcoin Halving, scheduled for mid-April, promises to change everything. It is expected to significantly impact the price of BTC, with many analysts associating the block reward halving with a potential bull run. However, major upheavals are also to be expected on the side of Bitcoin miners after the halving. The average cost of mining will be revised upward during this period, putting several companies at risk.
The crypto trader REKT proposes 5 distinct steps of the Bitcoin halving.
The Bitcoin halving is a major event in the cryptosphere. Good news for some, it could unfortunately have devastating consequences for miners.
What is the probability of winning 6.25 bitcoins by mining alone, i.e. without using a pool?
A solo miner defies the odds and hits the jackpot! With a one in 5,500 chance, this independent miner struck gold by solving a Bitcoin block worth 6 BTC, approximately $160,000. What makes this remarkable feat even more impressive is that it was achieved using mining hardware that is six years old.
Every four years, the Bitcoin protocol experiences an event known as the Halving. It is undoubtedly one of the most significant events in the network. This highly anticipated event involves a change in the protocol's monetary policy by halving block rewards. In April 2024, the block reward will drop to 3.125 BTC. With this crucial deadline approaching, how can you best prepare?
The Bitcoin network is experiencing intense activity with the speculative frenzy surrounding Ordinal's BRC-20. This influx has led to real network congestion, resulting in a drastic increase in transaction fees. Yesterday, block number 788695 set a historical record by reaching 6.7 bitcoins in fees, exceeding the 6.25 bitcoin block subsidy.
Binance is facing massive withdrawals as well as transaction fees multiplied by the latest fashionable nonsense: the BRC-20…