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Bitcoin Halving Is a ‘Show Me the Money’ Moment for Miners
19.3.2024
With April’s “halving” set to cut mining rewards by half, Bitcoin miners are upgrading to more efficient mining machines, cutting costs, finding cheaper sources of power and exploring mergers and acquisition opportunities
Luxor Looks to Help Bitcoin Miners Hedge Halving Risk With New Hashrate Futures
19.3.2024
The bitcoin mining software and services company partnered with Bitnomial to offer cash-settled hashrate futures
Smaller BTC Miners Might Close Shop Post-Halving: Bitfinex Warns
18.3.2024
Hong Kong-based crypto platform Bitfinex has warned BTC miners of a potential centralization of power amid post-halving. On March 15, Bitfinex published a comprehensive blog report forecasting financial pressure on small miners. The fourth Bitcoin halving is a widely anticipated event in the crypto...
Bitcoin Miners Near Final Month Before Reward Halving Slashes Revenues
17.3.2024
There are 34 days left until the Bitcoin network’s halving event, expected on or around April 20, 2024, which will reduce miners’ rewards by half. Bitcoin’s price has remained above $60,000 throughout March, reaching close to $74,000 on March 14. Between onchain fees and...
Print money with BlockDAG’s ASIC miners; keynote address stuns crypto investors while Solana eyes $200 and Toncoin rages
14.3.2024
Due to the volatility of the cryptocurrency market, which has primarily affected Solana crypto news and Toncoin (TON) price, investors’ attention has switched to the BlockDAG (BDAG), which is said to give gains of up to 5000X. This change highlights the need for stability and high-yield...
Bernstein Doubles Down On $150k Bitcoin Prediction, Says Miners Are A Strong Buy
12.3.2024
Bernstein analysts maintain their bullish stance on Bitcoin, predicting a $150K price target amidst strong ETF performance. The firm believes Bitcoin miners offer major equity-based leverage as the halving event approaches.
The post Bernstein Doubles Down On $150k Bitcoin Prediction, Says Miners...
Biden’s Budget Proposal for 2025 Rekindles Discussion of 30% Electricity Tax for Crypto Miners
12.3.2024
President Joe Biden has reignited the debate surrounding the imposition of a 30% tax on electricity used by cryptocurrency miners in a budget proposal for 2025.
The post Biden’s Budget Proposal for 2025 Rekindles Discussion of 30% Electricity Tax for Crypto Miners appeared first on Cryptonews
As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines
11.3.2024
Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others have diminished in value compared to the U.S. dollar, even as bitcoin celebrates fresh...
Bitcoin's Test of All-Time Highs Means Old Miners Are Cashing Out
6.3.2024
Early miners are sending their old block rewards to exchanges, contributing to selling pressure as bitcoin retreats from testing all-time highs
Bitcoin Miners Show Muscle Pushing Back Against Warrantless 'Emergency' Order
5.3.2024
In another example of crypto using the courts to fight back against unwarranted regulatory interference, blockchain advocates stopped a U.S. statistics agency from issuing an “emergency” request for mining energy metrics
Bitcoin Soared to an All-Time High. So Why Aren't Miners Blasting Off, Too?
5.3.2024
Investors are pouring money into spot ETFs while avoiding miners due to risks related to Bitcoin's halving event
Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets
5.3.2024
As the protocol evolves, new layers could emerge bringing new use cases and more users, the report said
BlockDAG miners set the market on fire; investors ditch ICP and Cosmos to join BDAG presale
4.3.2024
By definition, cryptocurrency refers to digital currencies that garner attention from the market because of their cutting-edge features, potential for significant gains, or distinctive qualities. Investors looking to stay ahead of the curve as the cryptocurrency business expands must locate...
Infrastructure Providers Warn of ASIC Scarcity for Bitcoin Miners
29.2.2024
Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April. During the halving, the Bitcoin mining reward will be cut from 6.25 BTC to 3.125 BTC. Additionally, the Bitcoin network’s hash rate recently reached an all-time high...
Bitcoin Miners’ Reserves Drops to Lowest Level Since 2021
29.2.2024
Bitcoin (BTC) miners are offloading part of their assets as they look towards the upcoming halving amid increased market activity.
The post Bitcoin Miners’ Reserves Drops to Lowest Level Since 2021 appeared first on Cryptonews
Crypto Miners Still Selling Their Bitcoin as Reward Halving Looms, Blockchain Data Show
29.2.2024
The number of bitcoin held in wallets tied to miners has dropped to the lowest since mid-2021
Bitcoin miners look to go through the next Difficulty Adjustment
27.2.2024
Bitcoin Miners are looking at the potential decrease in difficulty. It is anticipated that the next adjustment will happen on February 29, 2024. The initial was on January 20, 2024, with a drop of 3.9% at the block height of 826,560. Increases in prior and subsequent adjustments have been 1.65%...
Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike
26.2.2024
Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the year’s most significant difficulty escalation of 8.24%, which occurred on Feb. 15. The upcoming adjustment is predicted to record a reduction of 2.5% to...
Texas Miners’ Lawsuit Spurs EIA to Temporarily Halt Bitcoin Miner Survey
26.2.2024
A US judge has temporarily halted the Energy Information Administration's (EIA) attempt to enforce a mandatory survey on Bitcoin miners.
The post Texas Miners’ Lawsuit Spurs EIA to Temporarily Halt Bitcoin Miner Survey appeared first on Cryptonews
Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days
23.2.2024
Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25 to 3.125 bitcoins. Although it’s still premature to pinpoint the precise date—given the average...