2023-8-5 18:48 |
Bitcoin prices must not only more than triple to $100,000 but should be sustained above this level for miners to remain profitable in 2024 and beyond
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The post Miners Suffer Significant Losses as Bitcoin and Ethereum Prices Trades Sideways at $24K Level appeared first on NullTX.
2022-8-18 19:47 | |
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It's highly profitable to mine gold and silver at current prices, but miners are not in a rush to open new mines.
2022-8-4 09:00 | |
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Home and hobbyist miners in the U.S. are finding creative ways to slash their energy bills in the face of increasing prices and the tanking of the crypto market. The post As Energy Costs Rise and Bitcoin Prices Fall, How Home Miners Are Learning to Adapt appeared first on BeInCrypto.
2022-7-11 12:30 | |
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The Bitcoin mining hash rate declined by over 26% in the last 30 days as miners grapple with falling prices across the board. The post Bitcoin Mining Hashrate Drops to New Low, as Miners Face Crypto Winter appeared first on BeInCrypto.
2022-7-11 06:50 | |
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The meteoric drop in GPU prices opened up a small window of opportunity for small-time miners to procure a piece of more powerful and efficient mining equipment.
2022-7-9 12:47 | |
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Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining?
2022-7-8 23:15 | |
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In times of market upheaval and falling bitcoin prices, margins compress across the board, and force more miners to become net sellers, the crypto exchange said.
2022-7-4 13:42 | |
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Bitcoin and Ethereum miners saw a further decline in revenue as bears from May carried on throughout June and led to sinking prices of both cryptocurrencies. The post Bitcoin Miner Revenue Surpasses Ethereum by More Than $100M; Both Crash to 2022 Lows appeared first on BeInCrypto.
2022-7-4 05:31 | |
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Data shows GPU prices have continued to go down recently as Ethereum mining profits have been observing a decline. GPU Prices Plunge As Demand From Ethereum Miners Fades Data from the tech outlet Tom’s Hardware suggests graphics cards prices continued their drawdown in June as they plummeted another 14%. Back in 2020, owing to a […]
2022-7-4 22:00 | |
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The price of Nvidia GPUs is tumbling as crypto miners capitulate, with prices on the secondhand market down by as much as 50%. The post Nvidia Cards Tumble in Price as Crypto Miners Capitulate appeared first on BeInCrypto.
2022-7-2 08:00 | |
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Data shows the price of the Bitcoin ASIC miners has plunged down to the lowest value since January of last year as mining profitability drops off. Prices Of Bitcoin ASIC Miners Have Observed A Decline In Recent Months According to the latest weekly report from Arcane Research, the current downtrend in the prices of ASIC […]
2022-6-30 22:00 | |
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More and more Bitcoin miners are throwing in the towel amid soaring energy prices and plunging profitability. This has had a knock-on effect on hash rates and difficulty, which are also starting to fall.
2022-6-29 11:30 | |
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Strategists at JPMorgan Chase & Co. believe the current Bitcoin sell-off by miners could make it difficult for the price of the asset to bounce back, especially if the trend continues. The post Bitcoin Miner Sell-Offs Could Keep Prices Low, Says JP Morgan appeared first on BeInCrypto.
2022-6-26 17:30 | |
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Electricity consumption on some of the biggest crypto networks dropped by as much as 50%, as depressed token prices forced miners to shut shop, according to the Guardian. The post Crypto downturn sees electricity consumption on Ethereum plunge by 50% appeared first on CryptoSlate.
2022-6-24 22:30 | |
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According to PC Gamer, crypto miners are dumping their GPUs in increasing numbers as token prices falter during the downturn. The post Crypto miners dump GPUs as token prices fall appeared first on CryptoSlate.
2022-6-24 21:00 | |
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Bitcoin miners are scaling back operations due to downward trending cryptocurrency prices and rising cost of energy. The post Rising Energy, Sinking Crypto Prices See Miners Scaling Back appeared first on BeInCrypto.
2022-6-16 19:30 | |
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For the first time since 2020, Ethereum mining has become unprofitable for many miners connected to a traditional energy grid. The post Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm appeared first on CryptoSlate.
2022-6-14 05:45 | |
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Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help.
2022-6-11 10:44 | |
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Bitcoin and Ethereum miners saw a steep decline in revenue during the month of May as prices of both cryptocurrencies fell to new local lows. The post Bitcoin and Ethereum Mining Revenue Crashes to New Lows in 2022 appeared first on BeInCrypto.
2022-6-2 05:50 | |
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Miners are still accumulating BTC so far, but continuing depressed prices may up-end the status quo this summer, new analysis says.
2022-6-1 17:15 | |
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The World Bank recently reported that global energy prices could remain “historically high” until 2024. The post A looming global energy crisis could directly affect Bitcoin miners appeared first on CryptoSlate.
2022-5-1 00:30 | |
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Data shows the prices of Bitcoin mining rigs have been going down for a while now as profitability for miners has been observing a shrink. Cost Of Bitcoin Mining Rigs Has Been On A Downward Spiral Recently As per the latest weekly report from Arcane Research, BTC mining rigs are now at their lowest cost […]
2022-4-21 22:00 | |
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A surge in fees charged by miners often precedes a slump in bitcoin prices, and the fees tend to drop ahead of rallies.
2022-3-1 10:00 | |
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The level of miners' revenue per transaction could offer insights into the rise and fall of bitcoin prices.
2022-2-16 10:00 | |
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Spurred by a sharp rise in fuel prices, raging protests in Kazakhstan brought about a nationwide internet blackout. The post Fuel price protests escalate in Kazakhstan causing internet blackout for its Bitcoin miners appeared first on CryptoSlate.
2022-1-6 02:30 | |
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In the month following China’s crackdown on miners, the Bitcoin hashrate had almost halved, data from mining pool BTC.com shows. With less competition from Chinese miners and soaring bitcoin prices,The post Thailand tech firm shares appreciate by 6700% post launching Bitcoin mining ops appeared first on AMBCrypto.
2021-12-27 16:15 | |
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The National Development and Reform Commission (NDRC) China has called for further enforcement of the ban on crypto mining in the region via disciplinary electricity prices on large crypto mining farms.
2021-11-17 21:30 | |
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New research shows the stark differences between states and their energy prices, policies that will define a generation.
2021-9-30 20:07 | |
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China’s ban on crypto has manifested itself in making cryptocurrency transactions illegal, making miners leave the country, and blocking access to sites with information about crypto prices and charts.
2021-9-29 18:57 | |
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Bitcoin prices plummeted to the lower-$30K zone over the past few weeks, primarily due to China’s latest crackdown on crypto and miners. However, the coin shot up 5% to hit $34,471 on July 3, when the Bitcoin network underwent its latest two-weekly difficulty adjustment.
2021-7-5 14:30 | |
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Getting your hands on a graphics card (GPU) has been near impossible with cryptocurrency mining and chip shortages eating up all available inventory and hiking prices to record levels. But there may soon be some respit.
2021-9-8 22:13 | |
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Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments.
2021-6-30 10:00 | |
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While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries.
2021-6-24 19:30 | |
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By postponing the sales, Bitmain aims to help miners exiting the industry get better prices for mining equipment.
2021-6-23 16:33 | |
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The Bitcoin (BTC/USD) and cryptocurrency market has been affected as a result of China’s recent crackdown on Bitcoin miners in the country. Bitcoin’s price and other cryptocurrency prices have fallen by a large percentage for the past few weeks.
2021-6-1 21:11 | |
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Bitcoin prices rose in the past two days (after a 40% plunge last week) as North American miners formed a ‘Council’ to consider green alternatives for mining in a brief meeting with Tesla CEO Elon Musk.
2021-5-27 04:00 | |
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A major chipmaker keeps making efforts to calm down the gaming community’s anger toward cryptocurrency miners who are taking the lead in buying graphic cards massively, boosting its prices. Nvidia has announced that it will deliberately limit the capabilities for some of its newly graphic cards to keep a balanced inventory for gamers. Cards With […]
2021-5-20 11:30 | |
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In an effort to address the ongoing silicon supply shortage and bloated GPU prices, hardware manufacturer Nvidia is set to reduce the hashrates on its latest GeForce graphics cards to disincentivize miners.
2021-5-20 00:43 | |
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Bitcoin miners mostly operate with fiat money and are repetitive sellers in the market, liquidating a portion of their stash to finance their daily operational expenses such as electricity costs. However, it seems that they are currently hoarding their newly minted coins as they have no incentives of cashing out at current prices. A reduction […]
2021-4-30 22:43 | |
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Bitcoin, since surging to new all-time high earlier this month, has continued to face a string of bad news. Earlier last week, Bitcoin prices tumbled due to Xianjiang crypto miners shutting down due to power outages — causing a record $10 billion in futures liquidations.
2021-4-23 15:53 | |
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Bitcoin Mining firms are struggling to meet the increased demand for mining machines despite the rising prices of cryptocurrencies. According to Canaan Creative, a Nasdaq listed firm, crypto mining orders have been rising despite Bitcoin’s hitting new highs in the recent past.
2021-3-16 20:52 | |
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Sandeep Biswas, chief executive officer of Newcrest Mining, one of the world’s biggest gold miners, has said that the sharp increase in bitcoin prices should compel crypto investors to hold gold as a safe-haven asset.
2021-2-14 12:05 | |
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Research by crypto analytics provider Glassnode has reported that on Feb. 5, Ethereum miners earned $3. 74 million in a single hour. This marks the highest ever hourly revenue for the network. The report added that the total mining revenue for the same day was over $55 million, another all-time high for Ethereum.
2021-2-9 09:23 | |
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Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars, PCs, laptops, smartphones, and cryptocurrency mining devices.
2021-1-30 03:30 | |
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China-based Bitcoin miners are facing setbacks because of a lack of mining chips, across the world. The region, which is the world leader in the mining business, is facing unprecedented prices of miniThe post Not enough chips to support production of Bitcoin mining rigs appeared first on AMBCrypto.
2021-1-22 21:00 | |
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Unexpected demand for automobiles at a time of high consumer electronics sales is raising prices and leaving manufacturers without components. Mining hardware is sold out at leading companies like Bitmain, forcing miners to scour the second-hand market.
2021-1-23 17:44 | |
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Global chip shortage is slowing down the manufacturing of new crypto mining rigs; while BTC mining is dominant in China, miners now face surging prices on their equipment
2021-1-22 16:32 | |
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A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices.
2021-1-12 02:30 | |
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Bitcoin miners are finding the Nordic lands a profitable opportunity to boost their revenues due to a plunge in electricity prices at the cheapest levels than any other well-known places for crypto mining.
2021-1-2 14:25 | |
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| Analogue Notcoin - TapSwap |
Publicly traded bitcoin mining companies, including Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, have reported a decrease in production ranging from 6% to 12% for the month of April.
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As summer looms, CryptoQuant warns that Bitcoin miners could face significant challenges ahead, particularly if prices fail to recover substantially during the warmer month. Despite Bitcoin‘s price dipping below the $58,000 mark and prompting weaker investors to sell at current…
Bitcoin mining is becoming increasingly centralized, BitMEX analysts said.
Despite the drop in revenue for Bitcoin miners to levels last seen in early 2023, they are holding onto their holdings rather than selling, CryptoQuant says. Bitcoin miners are not selling their crypto holdings at current prices even though their…