Tag Archives: Bitcoin Mining

Bitcoin miner outflow has reached a 77-month high despite an overall positive trend in the crypto market. According to on-chain intelligence firm CryptoQuant, the ‘Miner Outflow’ metric demonstrated the outflow of Bitcoin from mining pool wallets not seen since August 2017. The outflow metric doesn’t directly monitor funds transferred from miners’ addresses to crypto exchanges, potentially indicating sales. However, outflows provide a general indicator of sentiment, with...

Argo Blockchain’s Nasdaq-listed shares (ARBK) experienced an 8.38% decline after the departure of its interim CEO and COO, Seif El-Bakly. According to data from the stock exchange, the drop saw the shares plummet to $3.50, significantly reducing the firm’s market capitalization to $183.7 million. Argo Blockchain Announces El-Bakly’s Departure According to the January 8 Operation Update report, El-Bakly, who had been at the helm of the company since February 2023 after the...

Marathon Digital Holdings achieved its highest monthly Bitcoin mining output ever by successfully mining 1,853 BTC in December. In an update this week, Marathon said it mined 12,852 BTC, worth over $563.4 million, last year, surpassing its mining production from 4,144 BTC in 2022 by more than three times. The Bitcoin miner also raised its average operational hash rate by 18% every month, reaching 22.4 EH/s. Bitcoin Production Surges Marathon’s chairman and CEO, Fred Thiel,...

Das sogenannte Bitcoin Halving (dt. Halbierung) ist eine regelmäßige Halbierung der Belohnungen in Form von Bitcoin, die die Miner für die Bereitstellung ihrer Rechenkapazitäten erhalten. Diese Belohnung wird in Form von Bitcoin ausgezahlt. Das nächste Halving-Event im April 2024 ist ein bedeutendes Ereignis in der Welt der Kryptowährungen, insbesondere für Bitcoin. Das Halving, das ungefähr alle vier Jahre stattfindet, ist ein Mechanismus, der in...

Der Kryptowährungsmarkt ist bekannt für seine Volatilität. Während ein Preis-Crash bei Bitcoin für viele Anleger beunruhigend sein kann, gibt es dennoch Möglichkeiten, in diesen Zeiten Geld zu verdienen. Hier sind sieben Strategien: 1. Short Selling Beim Short Selling leihen sich Händler Bitcoin, um sie sofort zu verkaufen, in der Hoffnung, sie später zu einem niedrigeren Preis zurückkaufen zu können. Diese Strategie ist profitabel, wenn die Preise...

Bitcoin had an impressive start to the year as it soared by more than three grand on the second day of the year, reaching its highest price point since April 2022 at almost $46,000. The rally came to an abrupt end today, and here are some of the possible reasons behind that nosedive. BTCUSD. Source: TradingViewSEC to Reject All ETF Proposals? All eyes in the crypto community in the past several months have been on the US Securities and Exchange Commission and the possibility...

Bitcoin (BTC) miners have suddenly begun offloading their BTC holdings to crypto exchanges, signaling a potential reversal of months of upward price momentum. Per a Sunday post from SignalQuant – an author for Bitcoin analytics firm CryptoQuant – paying attention to short-term miner behavior may be necessary for “wise investment.” The Meaning Of Miner Deposits Miners are the first recipients of all new BTC issued by the Bitcoin network, as well as all transaction fees paid by...

Apple, which announced its Vision Pro headset in June, saw its share price grow by 55% in 2023. Meanwhile, Amazon stock gained 79% as its AWS division pushed for AI-focused products. But these leading “Magnificent Seven” tech stocks did not make it into the top ten by yearly returns for 2023. The tech industry stocks that did were all Bitcoin mining stocks. Moreover, Wall Street’s top ten performers this year included not one, not two or three, but four Bitcoin mining...

Bitcoin miners are experiencing significant gains, thanks to a surge in transaction fees that have reached their highest levels since April 2021, primarily driven by the increasing demand for Ordinals inscriptions. The positive momentum in the market throughout this year has served as a valuable recovery for miners, compensating for the challenges faced in the unfavorable conditions of 2022. As such, miners appear to have cashed in on this remarkable rally this month. Bitcoin...

Bitcoin (BTC) miners in 2023 have collected a daily average of $2 million in transaction fee revenue, according to data from Coinmetrics. The value reportedly showcases a 400% increase compared to last year’s averages. Bitcoin Miners Revenue Increases Year Over Year According to a Dec. 23 post on X (formerly Twitter) made by Jameson Lopp, the Co-founder and CTO of BTC self-custody solutions company Casa, Bitcoin miners generated revenue exceeding $10 billion in 2023, adding...