Based on the most recent figures, the Bitcoin network just nudged its difficulty up by 1.07% on July 25, making block discovery ever so slightly trickier. At 127.62 trillion, the current difficulty stands as the most intense mining challenge the network has ever thrown at its participants. Bitcoin Mining Feels the Heat With Fresh Difficulty […]
Block Hunt Intensifies as Bitcoin Difficulty Climbs 1.07% Read More »
As Bitcoin (BTC) continues to trade near its all-time high (ATH) of $123,218, concerns over rising exchange deposits are mounting. However, fresh on-chain data reveals a significant contrast between the current rally and previous ones – most notably, a decline in BTC deposits to exchanges. Bitcoin Flow Pulse Shows Low Exchange Activity According to a
Bitcoin Flow Pulse Breaks From 2017, 2021 Patterns Read More »
With bitcoin climbing 14.6% over the past 30 days, miners are raking in higher earnings. The going rate for 1 petahash per second (PH/s) of hashpower now floats around $60.49, padding profits for some of the top application-specific integrated circuit (ASIC) rigs available. Here’s a look at the leading machines of the moment and how
ASIC Bitcoin Miners Are Back in Profit Mode—Here’s What They’re Making Daily Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin Difficulty has seen a sharp increase in the latest network adjustment. Here’s what this means for the blockchain. Bitcoin Difficulty Has Seen An 8% Jump In Latest Adjustment According to data from CoinWarz, the most recent BTC
Bitcoin Mining Difficulty Explodes 8%—What Does It Mean? Read More »
Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift. Bit Mining Allocates Up to $300M for Solana Integration The NYSE-listed cryptocurrency mining company said this move aims to capture opportunities across
Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin miners have seen a drop in activity as their transaction volume share has declined to multi-year lows. Bitcoin Miner Volume Is Now At Its Lowest Since November 2022 According to data from the institutional DeFi solutions provider
Bitcoin Miners Quiet Down—Volume Hits Lowest Since 2022 Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to the latest on-chain data, Bitcoin miners refuse to offload their BTC holdings despite profitability being historically low. BTC Transaction Fees At Lowest Level Since 2012 In a new post on X, blockchain analytics firm Alphractal revealed that Bitcoin miners are
Bitcoin Miners Hold On To Their Coins Despite Low Profitability — Details Read More »
Bitcoin miners are earning the least they have in a year, yet most still largely refuse to part with their coins, according to a new report from Cryptoquant researchers. Cryptoquant Report Signals Resilience in Bitcoin Mining Sector Despite Lower Profits Miner revenue slid to $34 million on June 22, the weakest since April 20, as
Bitcoin Miners’ Income Sinks to Yearly Low, Cryptoquant Research Finds Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is now trading 42% above its April lows, highlighting a powerful shift in momentum as bulls regain control of the market. With price action steadily climbing and key resistance levels getting tested, many analysts believe Bitcoin could soon break into uncharted
Bitcoin Miners Face New Era As Production Cost Breaks $100K Barrier Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data suggests the Bitcoin miners have recently been the most underpaid in around a year, as daily revenue hits a $34 million low. Bitcoin Miner Revenue Has Observed A Plummet According to data from the on-chain analytics firm CryptoQuant, the margins
Bitcoin Miners See Worst Yearly Payout: Income Drops To $34M Read More »
