Tag: Miners
Bitcoin Hashrate Surges to New High as Miners Realize Losses: CryptoQuant
Miner selling activity surged as BTC briefly slipped to $49,000, and they incurred approximately $22 million in daily losses.
US Senator Elizabeth Warren Criticizes Foreign Crypto Miners, Says They Threaten National Security
Warren said Chinese citizens and people with direct ties to the Chinese government own one-third of crypto mining facilities in the U.S.
Bitcoin Miners Return to Profitability as BTC Continues Market Recovery: Bitfinex
The rise in the Miner Profit Sustainability metric will stabilize miners’ financial position and possibly positively influence the crypto market.
Bitcoin Miners Score Record Monthly Revenues At Over $2 Billion
Miners experienced one last record-breaking month of revenues before the halving, which will substantially cut their gains going forward.
Bitcoin Miners Earned $75.9 Million in Daily Revenue, Second-Highest in History
Bitcoin miner revenue achieved its second-highest daily performance in history, a day after the crypto blasted past its ATH.
Biden Admin Launches “Emergency” Survey Of Bitcoin Miners’ Electricity Usage
The government fears more Bitcoin miners could come online as Bitcoin’s price increases, applying increased stress to electricity grids.
Bitcoin Reserves Held by Miners Witness Notable Decline Ahead of Halving: CryptoQuant
The increased selling pressure from Bitcoin miners could impact the crypto asset’s price in the short term.
Dump Incoming? Miners Offload BTC To Exchanges
Analysis suggests that miners moving BTC to exchanges spells bad news for Bitcoin’s price.
