2021-6-8 09:01 |
With Bitcoin’s price consistently trending below its 200-day moving averages and heavy selling identified among miners, some analysts are bracing for further bearish momentum. origin »
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Fewer miners are selling Ethereum and the daily active address activity on the blockchain is increasing, buoying the market sentiment
2020-10-24 22:15 | |
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The latest in the Bitmain drama is Zhan Ketuan (Micree Zhan), now selling the world’s first 5nm mining machine to Chinese miners, according to local media channel WuBlockchain. These new machines will be reportedly shipped in January next year, but bitcoin miners aren’t really keen on buying them.
2020-9-10 17:54 | |
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After facing some slight turbulence yesterday, Bitcoin incurred a massive rush of selling pressure today that sent its price reeling down to lows of $10,700 This movement came about in the form of a sharp selloff following a prolonged bout of sideways trading within the lower $11,400 Analysts are now noting that the market is now at serious risk of seeing further downside This comes as multiple large BTC mining pools begin offloading their holdings […]
2020-9-4 21:00 | |
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Bitcoin miners selling as well as a strengthening dollar are some of the reasons the price of BTC saw a significant correction, dropping below $11,000.
2020-9-3 17:12 | |
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The drop in the price of Bitcoin on July 10 to $9,100 was led by Bitstamp, data finds, coinciding with selling by BTC miners.
2020-7-12 16:20 | |
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Bitcoin's price has been under $9.5k since 25 June. Despite the sideways movement, a rise in selling pressure pushed the price of the coin between $9.2k and $9k, however, the dull movement of price coThe post Bitcoin miners need the price to surge soon appeared first on AMBCrypto.
2020-7-6 11:00 | |
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Bitcoin’s recent price action could relate to miner selling.
2020-7-3 00:15 | |
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A mixed bag of metrics and influences is testing Bitcoin’s resolve this week, with trajectory undecided as $9,000 wavers.
2020-6-29 12:02 | |
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Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals. Direct exchange transfers represent the largest flow of bitcoin (BTC) from miners to such platforms in over a year, according to Glassnode data.
2020-6-25 12:33 | |
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A possible Satoshi Nakamoto, the mysterious creator of Bitcoin, has been sentenced to 25 years in prison. Criminal mastermind Paul Le Roux told the judge that upon his release he plans to “start a business selling and hosting bitcoin miners,” claiming that his ASIC chip design will “have an order of magnitude faster at bitcoin […] The post Satoshi Nakamoto Candidate Paul Le Roux to Start Bitcoin Mining Business After Prison Time appeared first on Bitcoin News.
2020-6-17 05:40 | |
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The conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining.
2020-6-4 20:39 | |
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Bitcoin miners might be busy selling more bitcoin than they are creating post halving but Adam Back, the chief executive officer of Blockstream Corp. , is not. “I don’t sell (Bitcoin),” he told Bloomberg in a recent interview.
2020-6-3 19:00 | |
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Bitcoin price cracked the $10k resistance levels for the first time in over a month... The post Bitcoin roars to $10,400 despite miners selling more Bitcoin than they mint appeared first on Coin Journal.
2020-6-3 18:12 | |
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Weaker bitcoin miners are engaging in massive selloffs as Bitmain debuts a cheaper model in the Antminer series. Inefficient Miners Offloading Bitcoin Likely Signaling Capitulation Smaller Bitcoin miners appear to be capitulating as figures show massive BTC selling.
2020-6-1 21:00 | |
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Small bitcoin miners are selling more tokens than they mine, according to weekly data provided by ByteTree. They produced 5,888 BTC on a weekly adjusted timeframe but sold 6,473 BTC to offset their operational costs.
2020-6-1 11:03 | |
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Bitcoin sales from miners have jumped six-fold since the halving, while exchanges continue to see their reserves dwindle. Miners have now entered a new wave of Bitcoin selling despite the lack of a definite move in Bitcoin’s price, data shows.
2020-5-22 20:23 | |
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Bitcoin halving has come and gone. Many people waited with bated breath for a sudden spike in price, which didn’t happen. In fact, immediately after halving prices dipped a little, possibly as a result of miners selling off.
2020-5-19 17:29 | |
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Bitcoin is rallying again, and some analysts are taking a closer look at data extracted from the underlying blockchain for signals on whether cryptocurrency miners are buying or selling. Or if they're HODLing.
2020-5-15 15:20 | |
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Bitcoin's third halving, the most-anticipated event of the year, is finally done and dusted. With regard to the same, many analysts had predicted that the selling pressure from miners would drop and tThe post Bitcoin: Is the rise of unregulated crypto-exchanges affecting its growth? appeared first on AMBCrypto.
2020-5-15 01:30 | |
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The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving.
2020-5-7 23:37 | |
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BTC selling from miners could be impacting the price on spot exchanges, taking a closer look at Bitcoin’s mining difficulty provides some useful insights
2020-3-31 23:41 | |
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According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the week of falling prices that followed, bitcoin miners have been struggling.
2020-3-27 20:45 | |
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While bitcoin looks set to prolong its recent bullish moves, those responsible for making new bitcoin have increased their selling.
2020-3-27 21:33 | |
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Ethereum (ETH) has been subjected to the heavy selling pressure that Bitcoin and other major altcoins have been facing over the past couple of days, with the intense market-wide downturn leading many analysts to flip bearish on the markets.
2020-2-29 02:00 | |
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The privacy-focused cryptocurrency Zcash was among the top crypto assets at the peak of the crypto hype bubble in 2017 when feverish retail buying drove the price of the altcoin to as high as $850 at its record.
2020-1-13 19:00 | |
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Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving.
2019-12-10 05:15 | |
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Miners made the biggest withdrawal of funds in 2019, just as Bitcoin price was fighting its last to keep above $8,000. The accelerated selling of rewards may look like an episode of miners capitulating.
2019-11-21 14:30 | |
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Recent data reveals that BSV miners are increasingly holding their block rewards as opposed to selling them on the market. Some argue that this is the result of a decreasing demand for the asset.
2019-11-15 20:27 | |
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The current price spike for BSV may be based on a tendency to hold onto the coins, as selling would tank the market price.
2019-11-15 12:51 | |
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Bitcoin miners are behind spikes in price volatility which saw the largest cryptocurrency hit $3100 in 2018, new data suggests. Miner Sell-Offs Preceded BTC Price Floor In fresh analysis uploaded to social media on October 11, on-chain intelligence resource Token Analyst revealed miners selling coins directly influenced the Bitcoin price.
2019-10-11 19:00 | |
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Bitmain launches two new 17 series Antminer models - CryptoNinjas Bitmain, the cryptocurrency technology company and advanced chipmaker, has expanded its in-demand Antminer 17 series of miners with today’s launch of two new models – the Antminer S17e and Antminer T17e.
2019-9-9 15:57 | |
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Nvidia is set to be focused on gaming in the future. Despite two profitable years in which the company made a lot of money selling its GPUs to crypto miners, the truth is that the company doesn’t seem eager to be reliant on this earning source anymore. In the Second Quarter Fiscal 2020 report (which […]
2019-8-17 23:05 | |
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Gominer Token is a Peer-to-Peer token that has a sophisticated level of security for a multi-functional digital currency and for all future use expansion. The token is created to help our user to interact and expand the way of their earning in Cloud mining.
2019-7-28 17:33 | |
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AMD Surpasses Target Earnings As Crypto Bull Market Returns Advanced Micro Devices (AMD), a U. S. -based IT company has surprised Wall Street with more earnings than expects this year, the company affirmed yesterday, April 30.
2019-5-1 21:37 | |
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Chinese mining equipment makers, Bitmain has officially launched their brand new mining equipment named Antminer T17 which offers the maximum hash rate of 40 TH/s. Ready for a revolutionary mining experience?! 1 more day before the launch of the new Antminer 17 Series! Learn more about the miners and their selling times (https://t.co/ZhOMp7netn). Also, visit […]
2019-4-29 19:11 | |
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The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.
2019-4-23 19:35 | |
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CryptoNinjas Bitmain, the crypto, blockchain, and AI development company, and China’s second largest fabless chipmaker, today has announced specifications for the new Antminer 17 series, as well as the regional selling times for the launch date on April 9th, 2019.
2019-4-9 00:04 | |
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Ведущий производитель оборудования для майнинга биткоина компания Bitmain обнародовала спецификации новых 7-нм устройств Antminer 17 Series, продажи которых стартуют во вторник, 9 апреля. Ready for a revolutionary mining experience?! 1 more day before the launch of the new Antminer 17 Series! Learn more about the miners and their selling times (https://t.co/ZhOMp7netn). Also, visit our official […]
2019-4-9 23:08 | |
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Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past.
2019-4-5 16:23 | |
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BTC price crash may have been sparked by an ‘unusual’ uptick in miners selling to finance the BCH hash war, according to BitMEX Research. Meanwhile, other metrics reveal that the recent price decline is disproportional with BTC market fundamentals.
2018-12-11 01:00 | |
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The price of bitcoin core (BTC) has dropped considerably over the past few months, significantly affecting individuals and organizations that mine the cryptocurrency. According to recent reports, many miners in China are now short selling bitcoins to hedge against falling digital asset prices.
2018-12-7 04:30 | |
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A Bitmain aligned crypto-news site claims in what appears to be a translation of other local media that Chinese miners have become the biggest crypto short sellers, margin selling bitcoin... The post Chinese Miners Have Become the Biggest Crypto Short Sellers Says Local Media appeared first on Trustnodes.
2018-12-7 21:23 | |
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A shattered crypto market has not deterred miners from purchasing crypto mining software packages, revealed Argo Blockchain. The U. K. -based Mining-as-a-Service (MaaS) firm noted a 146% jump in its sales between October 1 and December 4 after selling a new batch of packages.
2018-12-4 20:30 | |
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Bitcoin Price Crash – Are Miners Shutting Down And Selling Off Equipment? Bitcoin’s recently crashing price has not only affected the price of other altcoins, it’s also having a spillover effect on miners who seem to be jumping ship.
2018-11-29 05:23 | |
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A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages.
2018-11-27 14:20 | |
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Bitcoin (BTC), Cryptocurrency–As prices for Bitcoin continue to slip to their lowest point in over a year, with all eyes on BTC hitting $3,000, a recent inquiry into the dipping hash rate has led some to question the health of the crypto mining industry.
2018-11-27 04:29 | |
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It is not only the HODLers who are affected by the recent dip in the price of bitcoin, as a report by International Times, published November 23, 2018, posits that cryptocurrency miners in China are selling their expensive mining rigs at giveaway prices.
2018-11-25 00:00 | |
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Miners have been decimated by the market downturn. In response, miners have started decommissioning hardware, mothballing rigs, and even selling hardware by the pound. Bitcoin and cryptocurrency proof-of-work (PoW) mining is a controversial topic.
2018-11-22 03:55 | |
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Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone.
2018-11-16 16:09 | |
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Bitcoin mining difficulty jumps 3.9%, hits 95.67T on Tuesday, amid record hashrate.
Bitcoin’s hashprice has risen to a two-month high, exceeding $50 for the first time since mid-August, according to data from Hashrate Index. On Oct. 17, the hashprice hit $53. 64, marking its highest point since Aug 23.
What are miners actually planning for going into the near term future?
The winds of change are howling through the Bitcoin blockchain. Since the April 19th halving, a pre-programmed event that cuts miner rewards in half, the digital gold rush has hit a snag. Miners, the lifeblood of the network tasked with verifying transactions and securing the blockchain, are facing a harsh reality – their revenue has […]
Riot is Bitfarms' largest shareholder, owning 14.9% of the firm.
Bitcoin has plummeted to under $64,000, its lowest level since mid-May, driven by heightened selling pressure in the market. BTC has mostly traded downwards or sideways after exceeding the $70,000 mark at the start of the month.
Several Bitcoin miners experienced a decline in BTC production in May due to the effects of the April Bitcoin halving event. The Bitcoin halving occurs approximately every four years and automatically reduces miner rewards, thereby enhancing the flagship digital asset’s scarcity.