Bitcoin price struggles to breach $27,000 as miners sell 1,000 BTC worth $27 million
Bitcoin price is attempting to defend the $26,500 support. BTC miners seem to be offsetting their losses or paying off their bills to keep their...
Tag : Miners
Bitcoin Miners Surpass $50 Billion in Total Revenue
Since Bitcoin’s genesis, miners have reached a towering financial peak, earning a total revenue of $50.2 billion from the block subsidy and fees. Glassnode, a...
Nifty News: BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more
Bitcoin $30,253 miners have pocketed over $5 million from creating nonfungible tokens (NFT) inscriptions using the Ordinals protocol. Transaction fees for Ordinals transactions exploded 240% from...
Bitcoin Miners Find Relief As Revenues Spike To Highest Since June 2022
Bitcoin Mining Revenues Have Significantly Deviated From Yearly AverageAccording to the latest weekly report from Glassnode, miners are now raking in $22.6 million per day....
Crypto Miners To Report Emissions Once Bill Pushed Back By US Lawmakers Gets Approved
Crypto miners are now in the crosshairs of US legislators. A crypto mining bill that pushes for transparency on gas emissions data is being pushed...
Bitcoin miners already made nearly $600K from Ordinals’ NFT transactions
Bitcoin BTC $21,825 miners have earned nearly $600,000 in two months from a new controversial NFT protocol called Ordinals that has triggered a surge in user activity....
Bitcoin Miners Stop Selling – Is This A Bottom Signal?
Given the escalating drama surrounding the Digital Currency Group (DCG), it does not seem out of the question that the Bitcoin price will drop once again. Despite...
Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices
Cryptocurrency miners in Russia appear to be unbothered by the ongoing crisis of crypto mining as the local demand for mining hardware has reportedly been on the...
Why The Bitcoin Miners’ Revenue Hit 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 in recent...
Bitcoin Miners’ Revenue Lowest Since November 2020
Bitcoin miner revenue is at its lowest point since November 2020 as the price continues to struggle around $16.5K. The revenue Bitcoin miners receive is...
