2021-11-4 03:30 |
At first glance, one might think Bitcoin miners had an enriching year overall. However, a new weekly update report by Arcane Research claims that another set of miners enjoyed a more profitable year.
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With 40 million tons of e-waste generated each year, the unique incentives created by bitcoin miners offer a solution to a growing problem.
2021-10-21 16:45 | |
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Bitcoin mining operations are on the path to full recovery, following the most dramatic short-term disruption in network history earlier this year, and miners are reaping the rewards in revenues. AThe post Seven consecutive adjustments in mining difficulty indicate this for Bitcoin appeared first on AMBCrypto.
2021-10-20 02:30 | |
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We already know that the U. S. was a beneficiary of the Bitcoin mining ban that was announced by China earlier this year. Latest data further revealed that New York, Kentucky, Georgia, and Texas were lThe post U.
2021-10-12 00:30 | |
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China has been trying to eliminate cryptocurrencies from its country for years now, and in 2021, it finally came to cracking down on crypto miners. Throughout the year, one province after another started making mining impossible, forcing those engaging in this aspect of the crypto industry to close down shop and move — either to […] The post China considers proclaiming crypto mining as a ‘negative industry’ appeared first on Invezz.
2021-10-10 19:23 | |
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After China banned mining in the country earlier this year, the Kyrgyz Republic had become one of the hotspots for the mining pools. The Kyrgyzstan government, however, recently issued a notice to The post Relocated Chinese miners in Kyrgyzstan will now pay more for electricity appeared first on AMBCrypto.
2021-10-4 23:30 | |
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China's crackdown on crypto mining triggered a sharp fall in Bitcoin's hashrate and price earlier this year, panicking traders worldwide. In spite of this, analysis by CryptoQuant showed that the BiThe post Here's why 'accumulating' miners expect Bitcoin to cross $48,000 appeared first on AMBCrypto.
2021-8-31 11:00 | |
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China has been making a lot of headlines in regards to the crypto industry this year, and more often than not, not for good reasons. The country has seen a number of its provinces crackdown on cryptocurrency mining, causing the miners to abandon their posts and seek out cheap electricity in other provinces, countries, and […] The post China’s high court proclaims that crypto is not protected by law appeared first on Invezz.
2021-8-23 15:12 | |
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Iran’s state electricity company has just shared some good news for its local cryptocurrency miners, announcing that the mining ban is likely to be lifted come September. The Iran Power Generation, Distribution, and Transmission Company (Tavanir) previously prohibited mining on a country-wide basis earlier this year, in May.
2021-8-23 14:56 | |
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Since China’s mining crackdown started earlier this year, Chinese Bitcoin miners have been scrambling to find a new place. While nearby Kazakhastan and Russia were initially touted as potential candThe post This part of the Bitcoin industry 'is an emotional game'; here's why appeared first on AMBCrypto.
2021-8-17 00:32 | |
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With the new NBMiner update, Ethereum miners can unlock up to 70% of Nvidia RTX 30 LHR version GPU mining hashrate. NBMiner Update Unlocks Nvidia RTX 30 LHR Cards Mining Performance Earlier in the year, Nvidia released the Lite Hash Rate (LHR) series for their RTX 30 cards.
2021-8-16 22:00 | |
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Public Canadian mining firm HIVE Blockchain has announced an order of 4,000 Bitcoin mining machines.
2021-8-5 15:42 | |
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To say 2021 has been a rough year for Chinese crypto miners would be a big understatement. The country’s increased crackdown on crypto mining has essentially paralyzed an industry that accounts for more than 50% of global BTC production.
2021-7-15 22:52 | |
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Insider Colin Wu believes that Bitcoin hashrate is likely to remain far from its previous peak this year unless China softens its policy against miners
2021-6-26 11:10 | |
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Since 2021 began, there have been a slew of suspicious whale moves by miners that mined bitcoins in the early days. A miner in particular has spent 11,000 bitcoin since last year, and 1,000 bitcoin from 2010 was moved last week.
2021-6-11 01:14 | |
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Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from 2010 were transferred, and the miner has spent 11,000 bitcoin since last year.
2021-6-11 20:30 | |
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Bitcoin miners in China’s Sichuan province can continue their operations until September this year, local tech publication TechNode reported today. The post Bitcoin miners using hydropower asked to continue in Sichuan appeared first on CryptoSlate.
2021-6-7 18:52 | |
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Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much larger yields. Blake256R14 and Ethash Machines Pull […]
2021-6-5 22:00 | |
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Great waves sweeping away sand, the real gold then emerges Since the birth of cryptocurrency mining, enthusiasm has been growing year by year, and the hashrate of the entire network has kept rising. Individual miners can no longer manage it as a scalable, specialized, and globalized mining industry has become the norm. In the past […]
2021-6-4 12:40 | |
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Analytics data from CryptoQuant and Glassnode shows that miners have started cashing out their BTC and Poolin wallet has dumped the largest Bitcoin stash this year
2021-6-4 11:31 | |
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Bitcoin miners have been on the hot seat this year. The market recently reacted to the Chinese government cracking down on mining activities with investors rolling out cash from the Bitcoin market. The unrest seems to be far from over as the Iranian government has also clamped down on cryptocurrency activities in the country. According […]
2021-5-27 20:46 | |
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Glassnode agency chart shows that long-term holding whales and miners have begun to accumulate Bitcoin instead of selling it first time since mid-fall last year
2021-4-15 19:01 | |
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Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an aggregate $64 million from newly minted coins and fees — up nearly 400% since a year ago.
2021-4-12 13:28 | |
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Bitcoin miners have begun to accumulate BTC after almost half a year of dumping it, according to the recent analytics data
2021-4-9 13:51 | |
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Bitcoin mining stocks enjoy far greater returns than the cryptocurrency itself, 2.5% for every 1% move in BTC, becoming a “high beta play” on bitcoin. The post Bitcoin Miners Are Now Busy Accumulating After Selling the Inventory Earlier This Year first appeared on BitcoinExchangeGuide.
2021-3-24 19:20 | |
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Bitcoin Bear-In-Waiting According to one of China’s biggest Bitcoin (BTC) miners, Jiang Zhuoer, the top cryptocurreny might enter a bearish period in the summer of next year. In an interview with Chinese crypto-media journalist Wu Blockchain, Jiang Zhuoer pointed out that multiple studies suggested the Bitcoin market’s growth might begin slowing in autumn this year.
2021-3-22 23:27 | |
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The NYSE-listed lottery firm may also acquire another 10,000 miners this year.
2021-2-2 14:10 | |
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This follows the highest monthly revenue for Bitcoin (BTC) miners ever, witnessed in December 2017. At the peak of “crypto winter,” miners banked more than $1. 25 billion. Increase in Bitcoin Mining Revenue The revenue also surpassed last year’s January record when miners earned slightly over $1 billion.
2021-2-2 20:11 | |
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Ethereum mining revenue generated by miners in January 2021 dwarfed that of 2018. The second-largest crypto in the world has been attracting a lot of interest from the masses of late, thanks to the burgeoning decentralized finance (DeFi) ecosystem as well as the Eth2 staking craze.
2021-2-2 18:00 | |
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Bitcoin is struggling to retake the $35,000 level as one analyst predicts miners will continue selling BTC ahead of the Chinese New Year holiday.
2021-1-31 04:49 | |
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Over the last few days, whales and miners have been depositing the largest amount of Bitcoin this year, yet despite all the selling, price is soaring. The reason? Elon Musk has changed his Twitter bio to include the cryptocurrency’s hashtag and it has ignited a flood of FOMO from retail Robinhood traders seeking free markets. […]
2021-1-30 23:00 | |
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Bitcoin has pulled back $10,000 from highs set earlier in the year, and according to on-chain data, it is due to extreme profit taking from early investors and miners. Here’s what past bull markets suggest about the current sell off and if this is an opportunity to “buy the dip,” or if the top is in.
2021-1-26 18:30 | |
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While Bitcoin does well in terms of price, mining operations seem to be gaining traction as well. BTC miners have already brought in upwards of $700 million in revenue between January 1st and January 20th this year.
2021-1-21 00:37 | |
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Bitcoin miners are selling a lot less than at the beginning of the year, with it down to under 1,000 bitcoin on some days and usually around 1,300 bitcoin a...
2021-1-16 19:00 | |
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Bitcoin miners have been yielding a very profitable year in monthly revenues, as the latest onchain data shows significant figures at its highest levels since 2019. Hourly Bitcoin Mining Revenues Hits 2019 Highs According to Glassnode, BTC miners are currently earning $1 million per hour, meaning an increase of 185% since the halving happened in […] The post Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving appeared first on Bitcoin News.
2020-12-31 20:45 | |
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The Nordic region has once again become profitable for crypto miners after a period of high electricity costs. A report unveiled this news on December 27, noting that this year recorded the wettest weather and mild temperature in more than 20 years.
2020-12-28 16:41 | |
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BTC miner outflow is nowhere near the previous tops, it is actually even below the 2019 local top. The post Bitcoin Miners Busy Accumulating BTC; Revenue from Fees Surges 2300% This Year first appeared on BitcoinExchangeGuide.
2020-12-24 19:13 | |
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Canadian miner Bitfarms deployed 1,000 Whatsminer M31S mining rigs. Additionally, the firm will soon acquire 3,000 Whatsminer M31S+ miners which will arrive in late February next year. The firm said tThe post Bitfarms deploys 1,000 Whatsminer rigs; acquires 3,000 miners appeared first on AMBCrypto.
2020-12-23 00:30 | |
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The second-largest network is enjoying immense growth. The average estimated number of hashes per second produced by the miners in the Ethereum network has reached its all-time high, surpassing 250 trillion/second.
2020-10-7 16:26 | |
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As the DeFi craze continued throughout the year, Ethereum saw new records in volume, the number of transactions, and even the size of its fees. With Ethereum 2. 0 still being in the works, miners are taking every chance they can get to earn some ETH.
2020-10-7 10:33 | |
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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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With so many competitive cloud mining companies currently in existence, crypto mining has proven to be one of the hottest businesses of the year. While there are so many genuine cloud mining companies offering appealing features for independent miners, have in mind that there are scammers who appear as real mining companies looking for opportunities […]
2020-8-28 20:21 | |
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Bitcoin’s price plunged Tuesday while DeFi is giving Ethereum miners more fee revenue, causing difficulty to hit a 2020 record.
2020-8-26 23:33 | |
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Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be tougher than ever.
2020-8-4 11:00 | |
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Bitcoin miners play an important role in securing the network, however, the current year has put quite a few hurdles for miners to stay afloat. As the difficulty in mining increased, the adjustments hThe post Bitcoin hashrate may be recovering, but network needs more security appeared first on AMBCrypto.
2020-7-23 23:00 | |
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For the industry's Bitcoin miners, 2020 hasn't turned out to be the year they had hoped for. With the mining reward cut in half and the price still stuck well below $10k, a rise in price for the king The post Bitcoin's price could 'inhibit internal cash generation' appeared first on AMBCrypto.
2020-7-17 22:30 | |
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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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The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once again.
2020-6-8 17:55 | |
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The country plans to make traders, miners and projects receiving initial coin offerings to pay income tax from March 2021 South Korea will tax cryptocurrency traders, miners, and initial coin offerings from next year, according to reports in local news outlets.
2020-5-28 15:52 | |
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Bitcoin fell almost 10% during this last week, betokening the beginning of the second mining capitulation so far this year (the first was in March during the black Thursday) and the third in the last nine months, according to data provided by market researcher and digital asset manager Charles Edwards. Bitcoin experienced its worst week […]
2020-5-26 01:13 | |
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Bitcoin's liquidation heatmap highlighted a strong resistance level at $99k Market indicators and metrics were ambiguous about the buying/selling pressure Bitcoin [BTC] has been struggling tThe post Bitcoin - Here's the timeline for when BTC might go past $100K again appeared first on AMBCrypto.
Bitcoin's long percentage started to rise as the price fell, trapping longs Bitcoin's demand surged as the Funding Rates remained positive, despite the dip Bitcoin (BTC) saw a hike in long pThe post Bitcoin's long % rises, despite price correction — What else to watch for a bounce? appeared first on AMBCrypto.
Bitcoin often shows an inverse correlation with the dollar. A weaker dollar boosts BTC's appeal. While past trends can provide insight, 2024 has introduced new dynamics. The recent Bitcoin [The post Bitcoin vs Dollar: 3 reasons why 2025 could be BTC’s breakout year appeared first on AMBCrypto.
Bitcoin is experiencing an increase in institutional demand. OTC desks see their largest monthly inventory decline for 2024 dropping by 26k BTC. After declining to a 2-week low of $9The post Bitcoin closes in on $100K thanks to institutional demand - Details appeared first on AMBCrypto.
Short-term holders offloaded significant volumes over the past 24 hours, while large investors, including whales, remained on the sidelines, waiting for more favorable entry points. The buying The post Bitcoin below $100K - How long before BTC climbs back to $108.5K? appeared first on AMBCrypto.
The BTC Rainbow chart revealed that the coin was still in the accumulation phase. If things fall in place, BTC might cross $200k in 2025. Bitcoin [BTC] crossed a major milestone of $100kThe post Bitcoin could reach this unbelievable price by 2025, but these factors must align appeared first on AMBCrypto.
BTC appeared to be following the trajectory of the previous bullish cycles of 2017 and 2020, potentially setting the stage for a significant price surge. Long-term holders were expected to playThe post Bitcoin: How THIS historical pattern can push BTC to $220k appeared first on AMBCrypto.