Bitcoin's mining difficulty decreased by 11. 16% to approximately 125. 86 trillion at the most recent retarget boundary around block 935,424. That marks the largest negative adjustment since the 2021 China mining ban, the sixth consecutive downward retarget, and the tenth largest negative adjustment in Bitcoin's history.
Bitcoin Magazine
Bitcoin Miner Cango Sells Millions in Bitcoin to Cut Debt and Fund AI Expansion
Bitcoin miner Cango said it sold 4,451 Bitcoin over the weekend for net proceeds of about $305 million.
Bitcoin’s price story lately has been told like it only has one main character, the ETFs. Money goes in, price goes up, money goes out, price goes down. It’s a clean narrative, and it’s not wrong, but it’s incomplete, because Bitcoin is not just a ticker.
Trader Plan C recently surfaced a chart indicating a production-cost model placing Bitcoin's marginal mining expense at approximately $67,000, with historical price action showing repeated bounces off that red line.
Trader Plan C recently surfaced a chart indicating a production-cost model placing Bitcoin's marginal mining expense at approximately $67,000, with historical price action showing repeated bounces off that red line.
CleanSpark shares plummeted as investors wait for that earnings report, and with the volatility in the crypto sector, it’s anyone’s guess where the stock might land next.
IREN, once known for mining Bitcoin, is undergoing a dramatic reinvention as an AI infrastructure provider—a transformation that will soon face a critical test.