On-chain data shows that Bitcoin miners have been expanding their reserves recently, a sign that could be bullish for the asset’s price. Bitcoin Miner Reserve
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Bitcoin miners need BTC price over $98K by the halving — Analysis
To avoid being in the red, publicly-listed Bitcoin mining companies will need the BTC price to be at least $98,000 by the 2024 halving.
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Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will
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Bitcoin Miners Selling Again, Will Price Crash Again?
On-chain data shows that Bitcoin miners may have once again been participating in selling recently, something that could lead to the asset declining. Bitcoin Miner
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Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that
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Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed
On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to
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