Browsing: Miners
Apart from hashrate, Bitcoin miners’ revenue also rose in the recent past. BTC was up by more than 4% over…
Journalist Posted: September 17, 2023 Bitcoin’s daily transaction count hit an all-time high on 15 September. Despite the jump in…
The transaction fees paid to use the Bitcoin network increased by double digits. This has been due to a spike…
Journalist Posted: September 9, 2023 Bitcoin’s transaction count rose dramatically in the last week. Rising congestion promoted users to bid…
Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised…
Journalist Posted: September 3, 2023 The uptrend in BTC’s Miner to Exchange Flow suggested that miners have increasingly sold their…
TL;DRThe greater bitcoin mining difficulty becomes → the more it costs (in electricity) to mine bitcoin.Typically, many miners will turn…
As BTC’s price crashed, it caused a big dent in miners’ total earnings. Miner reserve increased substantially indicating a hoarding…
Litecoin’s miner fees have been declining for weeks. LTC’s weekly chart was painted red, but metrics suggested a trend reversal.…
Miners have now considered rigs as a better alternative to hardware equipment. The difficulty ribbon suggests that BTC offered a…