On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The
Read more
Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?
Bitcoin miner revenues have been plummeting ever since the price of BTC peaked back in November. This has put miners in a tight spot, causing
Read moreCapitulation: Public Bitcoin Miners Dump 25% of BTC Holdings Last Month
Data shows public Bitcoin miners dumped around 14.6k BTC during the month of June, which is about 25% of their total holdings. Bitcoin Public Miners
Read moreBitcoin Barrels Towards $24k As Miners Move $300 Million From Wallets
Given that the price of Bitcoin has been lingering above the $17K–$20K range over the past few weeks, Bitcoin’s sharp downturn has come to an
Read more
Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?
Forced selling from Bitcoin miners raises concern about BTC price, but the use of renewable energy and the oil and gas industry’s growing interest in
Read moreBitcoin Miners Send 14K BTC To One Block. Bullish News For The Market?
After the official US inflation numbers were released, bitcoin prices started to rise. However, during the previous month, the BTC miners have increased their outflow.
Read more