Worlds largest Bitcoin miner announces $250M raise to buy more Bitcoin
The new raise is part of Marathons strategy to go full hodl and make Bitcoin a strategic reserve asset for the company.
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The new raise is part of Marathons strategy to go full hodl and make Bitcoin a strategic reserve asset for the company.
The drop in mining difficulty should spell relief for the largest mining firms.
Could miner capitulation signal that selling pressure is easing, or could it be the death spiral that takes Bitcoin out of its decade-long run?
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving.
US mining firms are confounding pre-halving expectations by hodling the BTC they mine.
How can retail investors profit from Bitcoin mining after the halving slashed profit margins?
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities.
United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121.
Despite the drop in hashrate, Bitcoin miner selling isnt correlated with the BTC price drop from $71,100 to $66,000.
U.S. Bitcoin miners have remained tight-lipped following a recently released Kerrisdale Capital report criticizing the industry.
Miners equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May.
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to TeraWulfs Nazar Khan.
Approximately $181,000 worth of crypto assets was drained from Yield Protocols strategic contracts present on the Arbitrum blockchain.
According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees have fallen below the $1 threshold for each transaction, and as of July 31, 2023, the average [...]
The post Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction appeared first on Crypto Breaking News.
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion. Bitcoin Mining Difficulty Jumps 3.4% Higher Data reveals that around 373 exahash per [...]
The post Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion appeared first on Crypto Breaking News.
Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May 31, 2023—potentially jumping between 1.1% and 2.51%. Bitcoin’s Difficulty Nears 50 Trillion Milestone Bitcoin’s mining difficulty, already at an unprecedented level of 49.55 trillion, seems poised to breach the 50 trillion threshold within [...]
The post Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows appeared first on Crypto Breaking News.
After experiencing a disruption while attempting to upgrade the Dash blockchain, the network has now resumed block production. As of the time of writing, 552 blocks have been confirmed since the incident. Despite the onchain resolution provided by Dash Core 19.1.0, individuals have expressed complaints regarding mining on a different chain. Complaints Arise as Dash [...]
The post Dash Block Production Resumes After Disruption Amidst Miner Complaints appeared first on Crypto Breaking News.
According to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins.
Bitcoin mining is centralizing, but how real is the risk of network censorship? And can a protocol called Stratum V2 save the industry?
Luxor CEO Nick Hansen stated Bitcoin Ordinals might produce "synergies" between the mining pool and OridinalHub. (Read More)
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