Bitcoin Mining Crisis: The Bullish Signal You Can’t Ignore

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Bitcoin, Bitcoin Electrical Cost, Bitcoin Miner Price, Bitcoin Miners, Bitcoin Mining, Bitcoin News, Bitcoin Pattern, bitcoin price, btc, btcusd

On-chain data suggests the Bitcoin “Miner Price” metric has fallen under the BTC Electrical Cost. Here’s what happened next the last few times. Bitcoin Miner Price Has Declined Below Electrical Cost For Fifth Time Ever In a new post on X, Capriole Investments founder Charles Edwards has pointed out a development that has recently occurred […]

Bitcoin Miners Now Need Unprecedented 1 EH/s To Mine 1 BTC

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Bitcoin, Bitcoin Halving, Bitcoin Hashcoin, bitcoin hashrate, Bitcoin Miners, Bitcoin Mining, Bitcoin News, btc, btcusd

On-chain data shows that, for the first time in history, Bitcoin miners require more than 1 EH/s of daily computing power to mine just 1 token of the asset. Bitcoin Hashcoin Has Set A New All-Time High Now As explained by CryptoQuant head of research Julio Moreno in a post on X, the BTC Hashcoin […]

Bitcoin Runes Lose Hype: Why This Makes Life Hard For Miners

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Bitcoin, bitcoin fees, Bitcoin Miner Revenue, Bitcoin Miners, Bitcoin Mining, Bitcoin News, Bitcoin RUNES, btc, btcusd

Data suggests the hype around the new Bitcoin Runes has severely dropped, something that’s not a good sign for miner revenues. Bitcoin Halving Effect Settles In On Miner Revenue As Runes Interest Drops A few days back, the much-anticipated Bitcoin Halving went through. Halvings are periodic events coded into the blockchain in which the BTC […]

Bitcoin Miner & HODLer Selling Pressure Drying Up, Data Says

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Bitcoin, Bitcoin HODLers, Bitcoin Miners, Bitcoin News, Bitcoin Selling, Bitcoin Selling Pressure, btc, btcusd

On-chain data suggests the selling pressure from the Bitcoin miners and HODLers has been drying up, a sign that could be positive for the asset. Bitcoin LTHs Stop Selling, While Miner Distribution Slows Down As explained by analyst James Van Straten in a post on X, two BTC groups in particular have been a source […]

Bitcoin Miner Fees Revenue Explodes: Are Runes Driving It?

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Bitcoin, bitcoin fees, Bitcoin Miner Revenue, Bitcoin Miners, Bitcoin Mining, Bitcoin News, Bitcoin RUNES, Bitcoin Transaction Fees, btc, btcusd

On-chain data shows the Bitcoin miner revenue percentage from the fees has exploded recently. Here’s what’s behind this sharp growth. Bitcoin Runes Have Caused A Sudden Shake-Up In Miner Revenues A couple of days ago, the much-anticipated fourth Halving, a periodic event taking place roughly every four years where block rewards that miners receive for […]

By The Numbers: How Will Bitcoin Halving Change Mining Cost?

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Bitcoin, Bitcoin Halving, Bitcoin Miners, Bitcoin Mining, Bitcoin Mining Costs, btc, btcusd

With the Bitcoin halving coming soon, miner expenses are about to change. Here’s, in numbers, how the floor prices would stand for popular rigs. Bitcoin Halving And Its Influence On Floor Prices Of Mining Machines The halving is a periodic event on the Bitcoin network where the block rewards received by the miners for successfully […]

Bitcoin Difficulty Drops: Halving Making Miners Hesitant?

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Bitcoin, bitcoin difficulty, Bitcoin Halving, bitcoin hashrate, Bitcoin Miner Revenue, Bitcoin Miners, Bitcoin Mining, Bitcoin News, btc, btcusd

On-chain data shows the Bitcoin difficulty has seen a drop in the latest network adjustment, suggesting the miners have stopped their expansion. Bitcoin Difficulty Drops 1% As Hashrate Remains Flat The “difficulty” is an in-built feature of the Bitcoin network that controls how hard the miners would find it to find blocks on the chain […]

Bitcoin Nears Pre-Halving “Danger Zone”: Crash Imminent?

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Bitcoin, Bitcoin Halving, Bitcoin Miners, Bitcoin News, bitcoin price, BlackRock, btc, btc price, Spot Bitcoin ETFs

Taking to X, one analyst now says Bitcoin is inching closer to a critical juncture. This “Danger Zone” has historically coincided with sharp price corrections before Bitcoin halving events, raising concerns about a potential crash in the coming weeks. Bitcoin Approaching “Danger Zone” According to price charts, Bitcoin is trading above $72,400 when writing. However, as time […]

Bitcoin Miners Enjoy 2nd Highest Daily Revenue Ever

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Bitcoin, Bitcoin Miner Income, Bitcoin Miner Revenue, Bitcoin Miners, Bitcoin Mining, Bitcoin News, Bitcoin Rally, btc, btcusd

On-chain data shows the Bitcoin miners have just witnessed their second highest revenue day in the entire history of the cryptocurrency. Bitcoin Miners Just Raked In Almost $76 Million In Total Revenue As pointed out by CryptoQuant head of research Julio Moreno in a new post on X, the BTC miners have recently seen daily […]

Bitcoin Miners Credited For BTC Rise To $69,000 ATH, Here’s Why | Bitcoinist.com

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Bitcoin, Bitcoin ATH, Bitcoin Miners, Bitcoin News, bitcoin price, btc, BTC ATH, BTC miners, btc price, btcusd, BTCUSDT, Crypto, Crypto News

Bitcoin has surged to a record-breaking all-time high, courtesy of the strategic moves made by pioneer BTC miners within the crypto space. While the incredible uptick has caused excitement among the broader crypto community, it has not been without its fluctuations.  Miners Fueled BTC ATH Rally On Tuesday, March 5, 2024, BTC hit a new […]

Bitcoin Miners Face Pressure From US EIA, CEO To Fight Back

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Bitcoin, Bitcoin Miners, Bitcoin Mining, bitcoin price, btc, btcusd, EIA, environment

Dennis Porter, the CEO of a non-profit, Satoshi Action Fund, has notified the crypto community that Bitcoin miners across the United States reportedly face pressure from the Energy Information Administration (EIA) after being sent letters requiring them to surrender sensitive data.  EIA Wants Bitcoin Miners To Submit Sensitive Data In a post on February 14, […]

Bitcoin Miner Reserves Fall To Lowest Level Since 2021 – A Worry For BTC Price? | Bitcoinist.com

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Bitcoin, Bitcoin Miners, Bitcoin News, bitcoin price, btc, BTCUSDT, CryptoQuant

The price of Bitcoin has been in a good recovery form in recent days, making its way back above $43,000 this week. However, the latest on-chain data shows that miners have been offloading their BTC, as they seem to be engaging in a selloff ahead of the halving event in April. Miners Sell $600 Million […]