Tag: Miners

Bitcoin Hashrate Continues Sharp Plunge As Miners Give Up

Data shows the Bitcoin mining hashrate has continued its sharp plunge in the past week, as miners give up due to low revenues. Bitcoin...

Bitcoin Miners Struggling as BTC Shrimp Addresses Hit New High

The Bitcoin miners are in trouble as the bear market intensifies, whereas the shrimp addresses hit a new high. After a new all-time high...

Why Bitcoin Miners’ Revenue Hits Lowest Point Since 2020

Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices...

Bitcoin Miners Now Face Darkest Situation Since 2015

Bitcoin, considered the largest cryptocurrency in terms of market capitalization, will be exiting the month of November with trading prices that are significantly...

Bitcoin Miners Selling at Fastest Rate in 7 Years, Stocks Slump

Bitcoin miners are having a rough time at the moment. They’re offloading the asset at increased rates and company stocks are slumping. With BTC...

Bitcoin Miners Dump 7,700 BTC In One Week

Bitcoin miners are usually some of the longest holders of BTC but that is usually when the bull market is in full swing...

Bitcoin (BTC) Miners Sell Most in 5 Years

The bear market has been going on for a year now. Who still has the strength to sell their BTC after 365 days...

Bitcoin Miners Struggling to Survive As Mining Difficulty Hits All-Time Highs

Bitcoin miners are finding it no longer profitable to mine BTC. Increasing energy prices, inflation, and a looming recession have put many of...

Bitcoin Miners Still Liquidating BTC and Rigs as Energy Price Hikes Diminish Profits

Bitcoin miners are having a tough time this year as an energy price crisis is eating into their profits while hashrate and difficulty...

Bitcoin Miners Will Go Broke If BTC Price Falls Below This Level

According to an indicator called Production Cost Floor, the $17,000 level should serve Bitcoin as support in the event of a price...