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Bitcoin Miners Dump $1.71 Billion In 3 Days, Is The BTC Rally Officially Over?

Bitcoin Miners Dump $1.71 Billion In 3 Days, Is The BTC Rally Officially Over?

The Bitcoin price difficulties earlier this week appear to have been largely driven by a significant selloff by miners, commonly referred to as min...
Sep, 12, 2024
2 min read
by Bitcoinist
Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived ...
Aug, 23, 2024
by Bitcoin News
Hive to build massive Bitcoin mining facility in Paraguay despite looming energy hikes

Hive to build massive Bitcoin mining facility in Paraguay despite looming energy hikes

In a July 22 statement, Bitcoin miner HIVE Digital said it plans to construct a 100-megawatt digital asset mining operation in Paraguay. The move c...
Jul, 22, 2024
2 min read
by CryptoSlate
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low

Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low

Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According ...
Jul, 04, 2024
by Bitcoin News
Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold

Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold

Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pres...
Jun, 15, 2024
2 min read
by NewsBTC