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Expert Firesback At Bloomberg: Bitcoin Miner Riot Aids Electrical Grid
This summer’s high temperatures have impacted different sectors, including Bitcoin mining in the United States. Several companies in the sector have been shutting down their operations and selling power back to the grid for a profit. дальше »
2023-8-12 01:00 | |
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Expert Fires Back At Bloomberg: Bitcoin Miner Riot Aids Electrical Grid
This summer’s high temperatures have impacted different sectors, including Bitcoin mining in the United States. Several companies in the sector have been shutting down their operations and selling power back to the grid for a profit. дальше »
2023-8-12 01:00 | |
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Riot increases Bitcoin production by 27%
Bitcoin miner Riot has unveiled its financial results for Q2 2023, reporting a total revenue of $76.7 million. The results highlight the company’s resilience in a fluctuating market, with a 27% increase in Bitcoin production contributing significantly to its success.… дальше »
2023-8-10 17:08 | |
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Bitcoin miner Riot Platforms posts Q2 2023 results, forecasts expansion
Riot Platforms, Inc. reported a significant revenue increase driven by heightened Bitcoin production. The firm has positioned itself for robust financial growth and hash rate expansion. RiotThe post Bitcoin miner Riot Platforms posts Q2 2023 results, forecasts expansion appeared first on AMBCrypto. дальше »
2023-8-10 14:30 | |
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Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025
Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76. 7 million in its financial results for the quarter ending June 30, 2023. This result underscores Bitcoin miner resilience in an unpredictable market, with a significant part of its achievement attributed to a 27% increase in Bitcoin production, as opposed to the […] The post Riot spends just $8. дальше »
2023-8-10 11:36 | |
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CleanSpark reports a 47% annualised growth in quarterly revenue
CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc is trading slightly up in extended hours after reporting a narrower-than-expected loss for its fiscal third quarter. дальше »
2023-8-10 01:38 | |
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Marathon Digital posts Q2 losses amid record-breaking Bitcoin production
Marathon Digital Holdings recorded a net loss of $21. 3 million for the second quarter, despite its Bitcoin (BTC) production surging by over 300%, according to an Aug. 8 statement. Earnings breakdown Per the financial statement, the miner earned $81. дальше »
2023-8-9 16:55 | |
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CryptoMinerBros: Celebrating 5 Years of Helping Shape the Future of the Crypto Mining Community
After only 5 years in business, Hong Kong-based Crypto Miner Bros, which was founded in August 2018, has risen to prominence as a major dealer of cryptocurrency mining hardware. Crypto Miner Bros has built a strong reputation in the cryptocurrency mining sector because of its skilled staff of blockchain experts, e-commerce experts, and mining experts. […] дальше »
2023-8-8 19:57 | |
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Bitcoin Miners Show Accumulation Again, Bullish Sign?
On-chain data shows that Bitcoin miners have been expanding their reserves recently, a sign that could be bullish for the asset’s price. Bitcoin Miner Reserve Has Been Trending Up Recently As pointed out by an analyst in a CryptoQuant post, BTC miners have been accumulating during the past 48 days. дальше »
2023-8-8 18:00 | |
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Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan
The world's largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings. дальше »
2023-8-8 17:02 | |
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Bitcoin: Will low volatility boost trader optimism?
Bitcoin's declining volatility prompted increased trader interest. The drop in miner revenue raised selling pressure concerns, while long-term holder supply rose. Bitcoin [BTC] has not been The post Bitcoin: Will low volatility boost trader optimism? appeared first on AMBCrypto. дальше »
2023-8-8 09:30 | |
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Litecoin Hashrate Nears ATH Despite Miner Rewards Being Halved
Data shows the Litecoin mining hashrate is approaching a new all-time high, despite miners earning half the rewards since the halving. Litecoin Mining Hashrate Is Close To Setting A New All-Time High Like Bitcoin, Litecoin is a proof-of-work (PoW) network, meaning that chain validators called miners have to compete against each other using computing power […] дальше »
2023-8-8 05:00 | |
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CryptoMinerBros Celebrates 5 Years of Building the Future in the Crypto Mining Community
Kowloon city, HongKong, August 7th, 2023, Chainwire Founded in August 2018 and headquartered in Hong Kong, Crypto Miner Bros has become one of the leading crypto mining hardware distributors within five years of its launch. дальше »
2023-8-8 17:20 | |
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Crypto Miner Bros Celebrates 5 Years of Building the Future in the Crypto Mining Community
Founded in August 2018 and headquartered in Hong Kong, Crypto Miner Bros has become one of the leading crypto mining hardware distributors within five years of its launch. дальше »
2023-8-8 15:00 | |
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Bitcoin (BTC) Spiral Cycles: 4 Years, 3 Phases, Recurring Fractals
As long as Bitcoin halvings impact price, miner activity, and investor psychology, BTC cycles will recur. An analyst's updated spiral chart aptly illustrates these 4-year phases. The post Bitcoin (BTC) Spiral Cycles: 4 Years, 3 Phases, Recurring Fractals appeared first on BeInCrypto. дальше »
2023-8-3 20:00 | |
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Litecoin Miners Would Be at Risk of Bankruptcy After the Halving If It Weren’t for Dogecoin
Litecoin's imminent halving could threaten miner profits. While dual-mining with Dogecoin provides some relief, industry voices like Tone Vays question Litecoin's future relevance amid Bitcoin's continued dominance. дальше »
2023-8-2 18:00 | |
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Bitcoin Miner Reserve Rising: Good News For BTC Bulls?
Bitcoin prices have been stagnant, trading below the psychological $30,000 level. The coin is technically under pressure, declining from its peaks of around $31,800 recorded in early July 2023. Amid this development, on-chain data reveals that the Bitcoin miner reserve has been increasing, notwithstanding prevailing market conditions, bouncing back from May 2023 lows. дальше »
2023-7-31 09:55 | |
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Bitcoin: Should miner capitulation be a cause for concern?
Bitcoin capitulation was relatively low in the last five years. Rising difficulty and hash rates could add selling pressure on miners. Over the last week, the price of Bitcoin[BTC] dropped The post Bitcoin: Should miner capitulation be a cause for concern? appeared first on AMBCrypto. дальше »
2023-7-31 23:30 | |
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Bitcoin miners face uncertain future as block space declines
Bitcoin block space recently dropped to around 200 million. Bitcoin miner revenue also declined to around 2%. Bitcoin [BTC] miners have encountered a whirlwind of events that shaped their feThe post Bitcoin miners face uncertain future as block space declines appeared first on AMBCrypto. дальше »
2023-7-29 00:30 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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