Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being.
Read moreBitcoin miner reserves drop to lowest in 14 years
Miners are holding the least Bitcoin on their balance sheets since February 2010, but the fiat value of their reserves is hovering around an all-time
Read moreBitcoin breaks 18-month hashrate uptrend: Are BTC miners capitulating?
Despite the drop in hashrate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000.
Read moreBitcoin hash rate dips as miners turn off unprofitable ASICs post-halving
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf’s Nazar Khan.
Read moreBitcoin mining revenue hits post-halving yearly low
Daily revenue from Bitcoin mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of
Read moreSolo Bitcoin miner wins the 3.125 BTC lottery, solving valid block
The solo miner netted around $200,000 in rewards for validating block 841,286.
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