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How Texas Became a Global Mecca for Bitcoin Mining
Miners have flocked to the state since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. “Bitcoin is all about freedom,” says one miner. “And in my dealings with the utilities and the regulators, Texas is all about freedom.” дальше »
2023-7-25 16:47 | |
Bitcoin: Will short-term holders succumb to sell pressure soon
Bitcoin short term holders displayed a pattern of profit-taking when prices reached $30-$31k levels. Overall, traders remain optimistic, however, declining miner revenue could impact BTC negatiThe post Bitcoin: Will short-term holders succumb to sell pressure soon appeared first on AMBCrypto. дальше »
2023-7-24 16:30 | |
Bitcoin: Why a drop in miner outflows could be good news
Bitcoin miner flows reflect the current state of consolidation as transactions dip. Bitcoin miner reserves points towards redeemed long-term optimism. Bitcoin miner metrics are often useful The post Bitcoin: Why a drop in miner outflows could be good news appeared first on AMBCrypto. дальше »
2023-7-23 11:30 | |
Bitcoin: Institutional investors find new opportunity in BTC accumulation
Bitcoin trust premiums start to rise indicating institutional interest. Miner revenues continue to fall, which could lead to potential selling pressure. At the time of writing, Bitcoin[BTC]'The post Bitcoin: Institutional investors find new opportunity in BTC accumulation appeared first on AMBCrypto. дальше »
2023-7-21 03:30 | |
Bitcoin miner revenue stabilizes as Inscriptions demand wanes
Since the beginning of 2023, a new form of non-fungible tokens (NFTs), known as Bitcoin Ordinals Inscriptions, has ignited widespread interest in the crypto space. The popularity of Inscriptions can be attributed to their novelty and the unique value proposition they offer. дальше »
2023-7-18 21:00 | |
Bitcoin Miners Selling Again, Will Price Crash Again?
On-chain data shows that Bitcoin miners may have once again been participating in selling recently, something that could lead to the asset declining. Bitcoin Miner Reserve Has Been Declining In The Last Two Weeks As pointed out by an analyst in a CryptoQuant post, the BTC miner reserve has been observing outflows recently. дальше »
2023-7-18 18:30 | |
Crypto Market Forecast: Week of July 17th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, markets have been energized by a major legal victory for Ripple Labs against the SEC, Standard Chartered predicts prices where Bitcoin miner selling pressure will slow, and historical data suggests we are in a price period of consolidation. дальше »
2023-7-18 15:01 | |
What's causing Bitcoin miners' fees to slump?
BTC's miner revenue derived from fees has dropped to a three-month low. BTC miners refuse to sell their coins as the Exchange to Miner indicator grows. Sitting at 2.61% at press time, the peThe post What's causing Bitcoin miners' fees to slump? appeared first on AMBCrypto. дальше »
2023-7-15 13:30 | |
How miner revenues are shaping Bitcoin's July prospects
Bitcoin miner revenue reflects the improving state of BTC but slow phases are expected. Bitcoin miner sentiments improve in favor of the upside. Is Bitcoin headed for another low volatility The post How miner revenues are shaping Bitcoin's July prospects appeared first on AMBCrypto. дальше »
2023-7-12 01:30 | |
Will Bitcoin's declining exchange volumes spell trouble?
Exchange inflow declined significantly despite BTC's high prices. Miner revenue fell as hashrate increased. Bitcoin [BTC] has observed quite a rally over the last few weeks, with prices pushThe post Will Bitcoin's declining exchange volumes spell trouble? appeared first on AMBCrypto. дальше »
2023-7-11 22:30 | |
Bitcoin miners might face this certain double whammy
The portion of miner revenue derived from transaction fees plunged to a 4-month low. Bitcoin network's hashrate hit an all-time high, requiring more investment in mining equipment. The forThe post Bitcoin miners might face this certain double whammy appeared first on AMBCrypto. дальше »
2023-7-11 23:30 | |
Bitcoin halving may push miners’ net profit into negative territory
The next Bitcoin (BTC) halving, set to occur in April 2024, could plunge miner profits into the red, Bloomberg reported on July 8. Every four years, mining rewards for Bitcoin are slashed in half — this event is known as Bitcoin halving. дальше »
2023-7-9 17:02 | |
Bitcoin: Transaction value surges despite...
Miner revenue on the Bitcoin network fell between May and June. As BTC traded in a narrow range, buying momentum withered. Bitcoin [BTC] miner revenue has experienced a decline on a month-ovThe post Bitcoin: Transaction value surges despite... appeared first on AMBCrypto. дальше »
2023-7-9 01:30 | |
Which Bitcoin miner has been the year’s top performer?
Quick Take Among Bitcoin miners, the most remarkable performance this year has come from Core Scientific, whose value has impressively soared by over 1000%. Notably, this substantial upswing came on the heels of the company filing for bankruptcy and laying out reorganization plans just two weeks prior. дальше »
2023-7-4 18:30 | |
BTC's declining hashrate could mean this for miners and traders
Decline in Bitcoin hashrate raises concerns about network security and centralization. Diminishing miner revenue may lead to increased selling pressure on BTC. The highly volatile nature of The post BTC's declining hashrate could mean this for miners and traders appeared first on AMBCrypto. дальше »
2023-6-30 08:30 | |
What BTC's declining hashrate means for miners, traders
Decline in Bitcoin hashrate raises concerns about network security and centralization. Diminishing miner revenue may lead to increased selling pressure on BTC. The highly volatile nature of The post What BTC's declining hashrate means for miners, traders appeared first on AMBCrypto. дальше »
2023-6-30 08:30 | |
Bitcoin miner Riot Platforms buys 33,000 units ahead of 2024 halving
The addition will increase the firm's self-mining capability to 20.1 EH/s. The deployment will happen ahead of Bitcoin's second halving cycle, scheduled to take place in mid-2024. Leading The post Bitcoin miner Riot Platforms buys 33,000 units ahead of 2024 halving appeared first on AMBCrypto. дальше »
2023-6-27 14:30 | |
Hut 8 nabs $50M Coinbase credit facility ahead of merger with US Bitcoin
Bitcoin (BTC) miner Hut 8 said on June 26 that its subsidiary, Hut 8 Holdings, entered into a $50 million credit facility agreement with Coinbase Credit for general corporate purposes. Hut 8 stated that the credit facility offers a $15 million term loan that would be funded at or shortly after closing. дальше »
2023-6-26 18:30 | |
Zionodes Review: Features, Safety, Profitability, Pros, Cons
How does Zionodes work? Zionodes is the leading Remote Bitcoin Mining marketplace, offering a convenient and stress-free mining experience. Users can remotely control their miner and easily set it up to their preferred pool, eliminating maintenance worries. дальше »
2023-6-26 14:24 | |
Terawulf, a bitcoin miner using nuclear power, releases update; benefiting from low electricity costs
Terawulf has announced its bitcoin mining update months after launching a first-of-its-kind nuclear-powered Nautilus facility in the United States дальше »
2023-6-25 11:37 | |
Bitcoin: Will rising miner revenue send BTC packing?
Bitcoin Ordinals NFTs dominated at press time, accounting for a majority of transaction activity on the Bitcoin network. Declining miner revenue and increased miner difficulty posed challenges The post Bitcoin: Will rising miner revenue send BTC packing? appeared first on AMBCrypto. дальше »
2023-6-25 11:30 | |
Bitcoin: Assessing the full impact of Ordinal Inscriptions
Inscriptions have contributed 22% of the total miner revenue since its inception. Inscriptions and inscription fees have, however, been reduced in recent weeks. Bitcoin Ordinals has caused aThe post Bitcoin: Assessing the full impact of Ordinal Inscriptions appeared first on AMBCrypto. дальше »
2023-6-22 21:30 | |
Bitcoin miner CleanSpark strikes deal to buy mining facilities
The acquisition is a part of the firm’s aggressive infrastructure expansion in the U.S. CleanSpark's shares rose 10% following the announcement. Bitcoin miner CleanSpark announced on 21 JuThe post Bitcoin miner CleanSpark strikes deal to buy mining facilities appeared first on AMBCrypto. дальше »
2023-6-22 12:30 | |
Bitcoin miner Core Scientific files Chapter 11 ‘reorganization’ plan
Bankrupt miner Core Scientific has filed a potential Chapter 11 reorganization plan, as seen in a document submitted to bankruptcy court on June 21. The reorganization plan awaits approval. The introduction of the latest filing describes the plan as a “joint chapter 11 plan of reorganization. дальше »
2023-6-22 12:00 | |
Can BTC's recovery put a halt to this miner trend? Assessing...
BTC’s miners’ inflow registered an increase when mining costs went up Bitcoin’s price increased by more than 8% in the last 24 hours, and a few metrics were bullish Bitcoin’s [BTThe post Can BTC's recovery put a halt to this miner trend? Assessing... appeared first on AMBCrypto. дальше »
2023-6-22 09:30 | |
Bitcoin Miner Core Scientific Files for Chapter 11, Seeks Restructuring Amid Crypto Winter
Core Scientific, a prominent Bitcoin mining company, has recently made headlines as it filed for Chapter 11 bankruptcy protection. The move comes as the crypto industry grapples with the enduring effects of the ongoing crypto winter, impacting various firms in the sector. дальше »
2023-6-22 02:00 | |
CleanSpark buys two Bitcoin mining campuses for $9.3M
Bitcoin miner CleanSpark entered into a definitive agreement to purchase two turnkey mining campuses in the U.S. state of Georgia. дальше »
2023-6-21 19:22 | |
CleanSpark adds hashrate with $9.3M acquisition of Georgia mining campuses
Bitcoin (BTC) miner CleanSpark has entered into a “definitive agreement” to acquire two turnkey BTC mining campuses in Dalton, Georgia, for $9. 3 million in cash, according to a June 21 statement. дальше »
2023-6-21 19:16 | |
BTC mining firm Core Scientific files for Chapter 11 plan
Bitcoin miner Core Scientific has filed its Chapter 11 bankruptcy plan six months after it filed for Chapter 11 bankruptcy in December 2022. The firm filed for the Chapter 11 plan in the Southern District of Texas Houston Division Bankruptcy Court. дальше »
2023-6-22 17:14 | |
Cudo Miner Review: Benefits, Key Features, Coin Selection, Pros, Cons
Cudo Miner is a cryptocurrency mining platform that offers comprehensive management for mining operations. It caters to both experienced and beginner miners, providing advanced settings for device customization. дальше »
2023-6-21 16:53 | |
Bitcoin miner Core Scientific files for bankruptcy plan
Core Scientific stated that its liquidity got a boost since filing for chapter 11 bankruptcy. It cited rising Bitcoin prices, increased network hash rate, and lower energy costs as reasons for The post Bitcoin miner Core Scientific files for bankruptcy plan appeared first on AMBCrypto. дальше »
2023-6-21 16:30 | |
Shares of Bitcoin miner Iris Energy surges after hashrate expansion
The company's shares rose by a whopping 18% within a day on Nasdaq, from $3.55 to $4.20. Iris Energy has three datacenters located in BC, Canada and one in Texas, U.S. which is the focus of theThe post Shares of Bitcoin miner Iris Energy surges after hashrate expansion appeared first on AMBCrypto. дальше »
2023-6-21 16:00 | |
Bitcoin miner Core Scientific files its Chapter 11 plan
The bankruptcy plan explained that holders of allowed debtor-in-possession claims would receive full and final satisfaction of their claims. дальше »
2023-6-21 11:56 | |
Bitcoin miner Iris Energy’s shares surge 20% on expansion announcement
Bitcoin (BTC) miner Iris Energy IREN shares have jumped by nearly 20% following news of its planned 9. 1 exahashes/second (EH/s) expansion. Data from Nasdaq shows that miner shares rose to $4. 09 from $3. дальше »
2023-6-21 21:27 | |
Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
Miners are increasingly looking to fill data center space with AI and cloud computing. дальше »
2023-6-21 17:18 | |
Bitcoin miners affected as network difficulty reaches...
Bitcoin miner outflow recently hit a 2-year high. BTC miner revenue declined as price attempted to bounce back. Bitcoin's [BTC] price has rebounded lately, yet miners might have missed the bThe post Bitcoin miners affected as network difficulty reaches... appeared first on AMBCrypto. дальше »
2023-6-20 22:30 | |
Bitcoin miner revenue faces downturn, but profitability holds strong
Bitcoin miners weather revenue dip and remain profitable despite market sentiment. Negative netflow suggests miners and holders hold onto Bitcoin despite declining values. Bitcoin miners expThe post Bitcoin miner revenue faces downturn, but profitability holds strong appeared first on AMBCrypto. дальше »
2023-6-15 17:30 | |
Lone Bitcoin Miner Beats Big Companies to $160,000 Block Reward
An individual Bitcoin miner beat the odds to earn $160,000 by solving a transaction block last Friday. The post Lone Bitcoin Miner Beats Big Companies to $160,000 Block Reward appeared first on BeInCrypto. дальше »
2023-6-14 17:30 | |