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Bitcoin hashprice surges to two-month high, buoying miners
Bitcoin’s hashprice has risen to a two-month high, exceeding $50 for the first time since mid-August, according to data from Hashrate Index. On Oct. 17, the hashprice hit $53.64, marking […]
Miners reduce holdings amid rising prices
Miners represent the foundation of the Bitcoin market. Their behavior is one of the best indicators of market health and can be used as a gauge for market sentiment. Miner […]
Bitcoin tumbles to lowest price since mid-May under $64k
Bitcoin has plummeted to under $64,000, its lowest level since mid-May, driven by heightened selling pressure in the market.BTC has mostly traded downwards or sideways after exceeding the $70,000 mark […]
Trump vows to make US a Bitcoin mining powerhouse if re-elected
Former US President Donald Trump has shifted his attention to Bitcoin miners in his drive towards embracing the crypto industry. In a June 12 post on Truth Social, Trump expressed […]
Bitcoin halving slashes miners’ production in May by over 40%
Several Bitcoin miners experienced a decline in BTC production in May due to the effects of the April Bitcoin halving event. The Bitcoin halving occurs approximately every four years and […]
A flat month for miners after a volatile April
April was a month filled with significant activity and volatility for Bitcoin miners. Most of the month was spent anticipating Bitcoin’s halving and the launch of Runes, with many analysts […]
Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving
The Bitcoin Halving is set to take place this week. Miners’ rewards will be cut in half from 6.25 BTC to 3.125. This event is expected to have far-reaching effects […]
Bitcoin maintains price resilience despite increased miner selling
As the facilitators of the network’s security and transaction verification process, Bitcoin miners significantly influence the supply of BTC in the market. This is why no market analysis can be […]
Texas Blockchain Council including Riot file lawsuit against US Energy Department over Bitcoin miner survey
Riot Platforms and the non-profit association, the Texas Blockchain Council (TBC), have initiated legal action against the US Energy Department and associated entities, such as the Energy Information Administration (EIA) […]