Bitcoin Miners Panic: Massive Sell-Off Signals Major Capitulation
TL;DR Bitcoin miners have sold the equivalent of five days of production in just 72 hours, liquidating 2,300 BTC worth approximately $145 million dollars. The selling
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Bitcoin (BTC) Miner Withdrawals Drop 85% Post-Halving, Easing Sell Pressure
TL;DR Miner Withdrawal Decrease: Post-halving, Bitcoin (BTC) miners’ withdrawal activities dropped by 85%, suggesting reduced sell pressure and potential market optimism. Network Fundamentals Shift: The halving
Research Reveals the Three Factors Behind Recent Market Decline
TL;DR Miner Capitulation: Bitcoin miners are selling off their holdings due to a 55% market decline, leading to increased Bitcoin transfers to exchanges and downward price pressure.
Donald Trump Voices Strong Support for Crypto Mining: ‘It May be Our Last Line of Defense Against a CBDC’
TL;DR Donald Trump met with top Bitcoin mining executives and pledged to champion the industry if re-elected, saying he wants all remaining Bitcoin to be “made
Bitcoin Mining Company Core Scientific Secures $3.5B Deal to Expand into AI and HPC
TL;DR Core Scientific, a company specialized in Bitcoin mining, has signed a $3.5 billion agreement with CoreWeave to invest in the field of AI and HPC.
Bitcoin Mining Gets Tougher as Hashrate Reaches Unprecedented Levels
TL;DR Post-Halving Hurdles: Bitcoin mining is struggling with reduced block rewards from the recent halving event, compounded by a surge in network hashrate to a record
El Salvador Already Mined 474 Bitcoins Thanks to its Geothermal Plant
TL;DR El Salvador has mined 474 Bitcoin since 2021 using geothermal energy from the Tecapa volcano, valued at $29 million. The initiative led by President Nayib
Runes Activity Plummets After Launch Highs – Correction or Cause for Concern?
TL;DR Runes has been facing challenges since its debut three weeks ago, despite generating excitement by introducing memecoins into Bitcoin. Network activity and miner revenues have
Argentina Will Have Its Own Bitcoin Mining Center Using Repurposed Gas
TL;DR GDA and YPF Luz have established a partnership to develop a Bitcoin mining facility in Argentina, utilizing stranded gas from oil fields. The plant, located
Another Bitcoin Mining Company in Troubles: Earnings Plummet After Halving
TL;DR Bitfarms Ltd., a leading Bitcoin mining company, reported a significant drop in earnings following the recent Bitcoin halving event, earning 269 BTC in April 2024, a
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