On-chain data shows that while miners are selling less BTC, old investors are realizing profits.
Category: Miners
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BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history
Bitcoin mining fundamentals are growing stronger as miners are making a killing from higher BTC price
Crypto User Builds a Mining Rig in the Back of His BMW Hybrid Car With Six Graphic Cards
A U.S. cryptocurrency miner installed a mining rig in a particular place with the motivation to “annoy gamers.” Simon Byrne installed the full infrastructure in the back of his BMW i8 hybrid car. Miner Is Trying to Create a ‘Crypto Utopia’ According to PC Gamer, Byrne fit six Nvidia RTX 3080s graphic cards into the […]
Crypto User Builds a Mining Rig in the Back of His BMW Hybrid Car With Six Graphic Cards
A U.S. cryptocurrency miner installed a mining rig in a particular place with the motivation to “annoy gamers.” Simon Byrne installed the full infrastructure in the back of his BMW i8 hybrid car. Miner Is Trying to Create a ‘Crypto Utopia’ According to PC Gamer, Byrne fit six Nvidia RTX 3080s graphic cards into the […]
These 5 charts show why Bitcoin price failed to break $35K
Selling and frantic trading continue while exchanges see more BTC enter than leave.
Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses as well. Currently, as digital […]
Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High
The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an all-time high (ATH) at 20.61 trillion, the highest difficulty the network has ever experienced in […]
Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic
Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.
Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic
Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas by mining bitcoin on-site at the oil field. […]