Miners
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Miners produce 900 #BTC per day ~ $50M
Yesterday & today #ETFs bought much more than #Miners sold daily.
Shock Supply #liquidity is the matter of time.
#CryptoWatchMay2024
Yesterday & today #ETFs bought much more than #Miners sold daily.
Shock Supply #liquidity is the matter of time.
#CryptoWatchMay2024
Get free USDT and pepe coins from my pin posts🎁
hat is Mining Pools ??
#Mining is integral to the security of Proof of Work blockchains. By computing hashes with certain properties, participants are able to secure #cryptocurrency networks without the need for a central authority.
You could be running several high-powered ASICs, and you’d still be just a drop in the #Bitcoin mining ocean. The chances of you actually #mining a block are pretty slim, even though you’ve spent a lot of money on your hardware and the electricity required to run it. You don’t have a guarantee on when you’ll get paid with a block reward, or even if you’ll get paid at all. If consistent revenue is what you’re after, you’ll have much greater luck in a mining pool.
Let’s say that you and nine other participants own 0.1% of the network’s total hashing power each. That means that, on average, you would expect to find one in every thousand blocks. With an estimated 144 blocks mined a day, you’d probably find one block a week. Depending on your cash flow and investment into hardware and electricity, this “solo mining” approach could be a feasible strategy.
What if, if you power is not enough to be profitable? so, However, what if this revenue won’t be enough to turn a profit? Well, you could join forces with the other nine participants we mentioned. If all of you combine your hashing power, you’d have 1% of the network’s hash rate. This means you’d find one in every hundred blocks on average, which works out at one to two blocks a day. Then, you could just split up the reward and share it amongst all the involved #Miners #BinanceLaunchpool #bitcoinhalving
hat is Mining Pools ??
#Mining is integral to the security of Proof of Work blockchains. By computing hashes with certain properties, participants are able to secure #cryptocurrency networks without the need for a central authority.
You could be running several high-powered ASICs, and you’d still be just a drop in the #Bitcoin mining ocean. The chances of you actually #mining a block are pretty slim, even though you’ve spent a lot of money on your hardware and the electricity required to run it. You don’t have a guarantee on when you’ll get paid with a block reward, or even if you’ll get paid at all. If consistent revenue is what you’re after, you’ll have much greater luck in a mining pool.
Let’s say that you and nine other participants own 0.1% of the network’s total hashing power each. That means that, on average, you would expect to find one in every thousand blocks. With an estimated 144 blocks mined a day, you’d probably find one block a week. Depending on your cash flow and investment into hardware and electricity, this “solo mining” approach could be a feasible strategy.
What if, if you power is not enough to be profitable? so, However, what if this revenue won’t be enough to turn a profit? Well, you could join forces with the other nine participants we mentioned. If all of you combine your hashing power, you’d have 1% of the network’s hash rate. This means you’d find one in every hundred blocks on average, which works out at one to two blocks a day. Then, you could just split up the reward and share it amongst all the involved #Miners #BinanceLaunchpool #bitcoinhalving
⚡️Good news for miners!
Miners have begun retaining more $BTC than they sell on rolling monthly timeframes, reversing a trend of net sales in place from mid-January.
#Miners #Bitcoin #cryptocurrencymarket #BNB #ETH
Miners have begun retaining more $BTC than they sell on rolling monthly timeframes, reversing a trend of net sales in place from mid-January.
#Miners #Bitcoin #cryptocurrencymarket #BNB #ETH
💰CleanSpark Buys 20000 New Bitcoin Miners to Boost🚀
#BTC #Miners #bnbgreenfield #Stablecoins #inflation
👉🏻 Follow, Like, Comment and Share❤️
#BTC #Miners #bnbgreenfield #Stablecoins #inflation
👉🏻 Follow, Like, Comment and Share❤️
Miners are putting pressure on #Bitcoin
"If miner pressure continues to increase in addition to other factors, Bitcoin could fall to either $19,500 or $17000"
#Bitcoinmining #Miners #Binance #TradingStrategy #Altcoin
"If miner pressure continues to increase in addition to other factors, Bitcoin could fall to either $19,500 or $17000"
#Bitcoinmining #Miners #Binance #TradingStrategy #Altcoin
Bitcoin miner Marathon Digital's (MARA) CFO Hugh Gallagher plans to retire from his role in May 2023.
#Miners #BTC #crypto2023 #crypto #dyor
#Miners #BTC #crypto2023 #crypto #dyor
BREAKING: #bitcoin hash price plummets as miners face possible 30% energy tax in Biden's 2024 budget plan.
#Miners #Bitcoinmining #cryptotrading #BTC
#Miners #Bitcoinmining #cryptotrading #BTC
🚀 Bitcoin Mining Hits New Heights: Record 5.07% Difficulty Surge!
🌐 Unprecedented Milestone: Bitcoin's Mining Landscape Transformed
Bitcoin has scaled new heights in its mining complexity, achieving a remarkable 5.07% difficulty increase at block 818,496. This surge has propelled the difficulty level to an all-time high of 67.96 tera-hashes per second, presenting miners with an unprecedented challenge. Notably, this development underscores the escalating computational prowess within the Bitcoin network, now boasting an average hash rate of 504.8 exa-hashes per second (EH/s).
⛏️ Rising Hash Rates: Impacts and Challenges
The recent upswing in Bitcoin's hash rate, measuring the overall computational effort for mining and transaction processing, intensifies the competitive landscape for miners. As the cryptographic puzzles for block creation demand more computational power, miners face heightened competition and operational costs. This surge is a direct outcome of an influx of new miners into the network, driving up difficulty to uphold the critical 10-minute block creation rate vital for Bitcoin's blockchain stability.
📈 Bitcoin's Network Resilience Amidst Disruptions
Earlier this month, the Bitcoin network encountered a notable disruption in block production. For over an hour on November 7, the blockchain saw no new blocks added—a rare deviation from Bitcoin's typically consistent block production schedule. This temporary pause, occurring between 16:47 and 17:56 (UTC+8), highlighted the dynamic and unpredictable nature of decentralized digital currencies, emphasizing the network's resilience amidst unusual events.
🔍 Stay Tuned for More Insights: Follow The Blockopedia for Real-time Updates!
📈 Explore the latest trends and developments in the crypto world. Follow The Blockopedia and stay ahead in the ever-evolving crypto landscape! 🚀
#Miners #btcmining #crypto #cryptocurrency #crypto2023
🌐 Unprecedented Milestone: Bitcoin's Mining Landscape Transformed
Bitcoin has scaled new heights in its mining complexity, achieving a remarkable 5.07% difficulty increase at block 818,496. This surge has propelled the difficulty level to an all-time high of 67.96 tera-hashes per second, presenting miners with an unprecedented challenge. Notably, this development underscores the escalating computational prowess within the Bitcoin network, now boasting an average hash rate of 504.8 exa-hashes per second (EH/s).
⛏️ Rising Hash Rates: Impacts and Challenges
The recent upswing in Bitcoin's hash rate, measuring the overall computational effort for mining and transaction processing, intensifies the competitive landscape for miners. As the cryptographic puzzles for block creation demand more computational power, miners face heightened competition and operational costs. This surge is a direct outcome of an influx of new miners into the network, driving up difficulty to uphold the critical 10-minute block creation rate vital for Bitcoin's blockchain stability.
📈 Bitcoin's Network Resilience Amidst Disruptions
Earlier this month, the Bitcoin network encountered a notable disruption in block production. For over an hour on November 7, the blockchain saw no new blocks added—a rare deviation from Bitcoin's typically consistent block production schedule. This temporary pause, occurring between 16:47 and 17:56 (UTC+8), highlighted the dynamic and unpredictable nature of decentralized digital currencies, emphasizing the network's resilience amidst unusual events.
🔍 Stay Tuned for More Insights: Follow The Blockopedia for Real-time Updates!
📈 Explore the latest trends and developments in the crypto world. Follow The Blockopedia and stay ahead in the ever-evolving crypto landscape! 🚀
#Miners #btcmining #crypto #cryptocurrency #crypto2023
🔨 92.5% of all #BTC have already been mined.
Miners only have 7.5% of the 21M left to mine.Amazing Wait and 🔥📈📊
#crypto #BTC #Blockchains #Miners
Miners only have 7.5% of the 21M left to mine.Amazing Wait and 🔥📈📊
#crypto #BTC #Blockchains #Miners
#Write2Earn
💰 Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals
On Feb. 16, the Denton Record Chronicle reported that a number of unnamed #mining operations are pursuing partnerships with DME. Although the identities of these firms remain undisclosed, DME confirmed that discussions about leases have been ongoing for a year. The Chronicle’s Christian McPhate also reported on a potential five-year lease option, noting that DME’s spokesperson, Stuart Birdseye, was not able to provide the names of the interested #Miners .
Source
#TrendingTopic #Launchpool
📌 @WISE CRYPTO NEWS
💰 Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals
On Feb. 16, the Denton Record Chronicle reported that a number of unnamed #mining operations are pursuing partnerships with DME. Although the identities of these firms remain undisclosed, DME confirmed that discussions about leases have been ongoing for a year. The Chronicle’s Christian McPhate also reported on a potential five-year lease option, noting that DME’s spokesperson, Stuart Birdseye, was not able to provide the names of the interested #Miners .
Source
#TrendingTopic #Launchpool
📌 @WISE CRYPTO NEWS
$BTC $ETH $BNB ☀️CATEGORIES OF PEOPLE IN #cryptocurrency SPACE☀️ WHERE DO YOU BELONG
🔥#Investors & Traders: These individuals buy and trade cryptocurrency with the aim of making a profit. Investors often hold assets for the long term, while traders engage in short-term buying and selling.
🔥#developers : They work on the technical aspects of blockchain projects. They create and maintain the underlying software and protocols, making advancements in technology.
🔥#Miners : They use computational power to validate and secure transactions on blockchain networks. They are rewarded with cryptocurrency for their mining efforts.
🔥 Exchanges & Wallet Providers: Cryptocurrency exchanges facilitate the buying and selling of digital assets, while wallet providers offer secure storage solutions for cryptocurrency.
🔥 Blockchain Enthusiasts: These individuals have a keen interest in blockchain technology and cryptocurrency, often advocating for their adoption and educating others.
🔥 Regulators & Policymakers: Government agencies and regulators are responsible for creating and enforcing laws and regulations related to cryptocurrency to ensure compliance and protect consumers.
🔥 Blockchain Researchers: Academics and researchers study various aspects of blockchain and cryptocurrency technology, contributing to its understanding and development.
🔥 Entrepreneurs: They create and launch new blockchain projects, tokens, and (#DApps).
🔥 Media & Educators: Journalists, content creators, and educators provide information and analysis about the cryptocurrency space to inform and educate the public.
🔥 Holders & HODLers: They purchase cryptocurrency and hold them for the long term, often with the belief that the value will appreciate over time.
🔥#Scammers : Unfortunately, there are individuals who engage in fraudulent activities in the cryptocurrency space, such as phishing, & hacking.
🔥 Early Adopters & Innovators: Those who were among the first to embrace cryptocurrency, contributing to its growth and development in its early stages.
🔥#Investors & Traders: These individuals buy and trade cryptocurrency with the aim of making a profit. Investors often hold assets for the long term, while traders engage in short-term buying and selling.
🔥#developers : They work on the technical aspects of blockchain projects. They create and maintain the underlying software and protocols, making advancements in technology.
🔥#Miners : They use computational power to validate and secure transactions on blockchain networks. They are rewarded with cryptocurrency for their mining efforts.
🔥 Exchanges & Wallet Providers: Cryptocurrency exchanges facilitate the buying and selling of digital assets, while wallet providers offer secure storage solutions for cryptocurrency.
🔥 Blockchain Enthusiasts: These individuals have a keen interest in blockchain technology and cryptocurrency, often advocating for their adoption and educating others.
🔥 Regulators & Policymakers: Government agencies and regulators are responsible for creating and enforcing laws and regulations related to cryptocurrency to ensure compliance and protect consumers.
🔥 Blockchain Researchers: Academics and researchers study various aspects of blockchain and cryptocurrency technology, contributing to its understanding and development.
🔥 Entrepreneurs: They create and launch new blockchain projects, tokens, and (#DApps).
🔥 Media & Educators: Journalists, content creators, and educators provide information and analysis about the cryptocurrency space to inform and educate the public.
🔥 Holders & HODLers: They purchase cryptocurrency and hold them for the long term, often with the belief that the value will appreciate over time.
🔥#Scammers : Unfortunately, there are individuals who engage in fraudulent activities in the cryptocurrency space, such as phishing, & hacking.
🔥 Early Adopters & Innovators: Those who were among the first to embrace cryptocurrency, contributing to its growth and development in its early stages.
Bulk Miners Redeem
#BTC DOWNLOAD Eagle Mining app on Playstore or apple store & use referral code below 👇🏽👇🏽👇🏽{{Wisegbeve62}} to claim 10 egoncoinsBulk #Miners (Submit ONLY Store Email)Disclaimer:🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice.Claim free usdt hereWHO ARE TEAM MINERSTeam miners are miners who did not and never paid for bulk power-up balance. Team miners are mining for free and will withdraw next after bulk minersWHO ARE BULK MINERSBulk miners are miners who paid for more #Eagle in bulk which got deposited into their #miningapp balance after purchase.ISSUESThere are a very large numbers of miners submitting wrong details on the ongoing bulk miners Verification which started 08/11/23MORE THAN 85% ERRORSMore than 85% submissions for bulk verifications is wrong, and most users don't know correct way even though announcements and videos already given several times.Users submitting house address, wallet address, OTP codes, phone numbers, unknown things, etcMORE WORKError submissions is giving considerable more work to the team who now need to correct errors instead of more productive work leading to open mainnet and listingSOLUTIONThere will be a reset of ALL bulk verification submission so that bulk miners can submit again. This means that ALL submissions will be removedNEW SYSTEM(Submit ONLY Email)Bulk miners will only need to submit connected Google Play store email or Apple store email used for Bulk power-up purchase going forward. Make sure to submit correct email of the right appWHAT TO DONew mining app update coming soon to make it possible to submit only email.Wait for it.Do not rush.Read & watch video on how to verify bulk balance.Ask questions before you start.Read againWITHDRAWALS1. Bulk miners will withdraw first before team miners2. Bulk miners must verify bulk balance before withdrawal is enabled.3. Bulk miners need to submit connected store email used to purchase Bulk balance only. Make sure to submit correct email.4. Check the email connected to your store account used for bulk purchase before submitting.5. With correct email your orders can be verified on the developer account.6. You can include comments with your submission like multiple emails used to purchase.7. After submitting approval or rejection will take minimal 2 months or more. Kindly wait for results. Turn by turn8. Wrong email means your verification submission will be rejected9. Wrong mining app balance different from total successfully orders means your submission will be rejected10. All rejected submissions will be reviewed again later from 202411. Team miners will start withdrawals after bulk miners have withdrawn12. Going forward there will be no correction for errors, only rejection or approval is possible. After rejected you can submit again. Approval or rejection results takes minimum 2 months or more. Know what you are doing first-hand. READ before action13. ALL previous dates regarding verification & withdrawals will reset & new dates to be given14. READ ALL ABOVE AGAIN. DO NOT RUSHNEW VERIFICATION TIMELINEIt is very important to note that with miners not reading to follow directions it will be very unlikely that timelines will work since more efforts will be directed into correction and support for none readers errors which is more than 85% taken from the miners verification processAFTER RESETAfter reset is done to remove ALL current verification submissions then we can move forward with a new projections going forwardReset Date09/11/23Bulk Verification Submission22/11/23You must update app before going forwardSubmission Approval or RejectionAfter Minimum 2 months or moreBulk Miners WithdrawalAfter 07/02/24Team Miners WithdrawalAfter 07/04/24Phase 2 Withdrawal End Date30/10/24Phase 3 MiningUpcomingIMPORTANTUpdate your mining app to new version released after 10/11/23, using reset method before submitting Verification emailEgoncoin Community Sale(Discounted offer)Community Sale for EgonCoin is currently ongoing to enable next a faster Public sale & CEX listing100 Million EgonCoinAccording to the whitepaper 100 Million EgonCoin allocated to investors. After community Sale comes public sale & CEX listing at a higher priceTalk SoonEagleNetwork #cpi
Starting with only 1 $ETH ($2,507), this smart trader made $59K in 11 hours!
His secret to making money is buying and selling the #ERC404 token $MINER using high gas!
He withdrew 1 $ETH ($2,507) from #Binance and successfully spent 0.065 $ETH ($163) to buy 1073 $MINER at a very low price using 0.802 $ETH ($2,010) of gas.
Then he sold 722 $MINER for 19.11 $ETH using 0.5 $ETH ($1,244) of gas.
He currently holds 350 $MINER($15K), the total profit is ~$59K.
Address: etherscan.io/address/0xb9cc…$ETH #Write2Earn #TrendingTopic #ETH #Miners
His secret to making money is buying and selling the #ERC404 token $MINER using high gas!
He withdrew 1 $ETH ($2,507) from #Binance and successfully spent 0.065 $ETH ($163) to buy 1073 $MINER at a very low price using 0.802 $ETH ($2,010) of gas.
Then he sold 722 $MINER for 19.11 $ETH using 0.5 $ETH ($1,244) of gas.
He currently holds 350 $MINER($15K), the total profit is ~$59K.
Address: etherscan.io/address/0xb9cc…$ETH #Write2Earn #TrendingTopic #ETH #Miners
Fed Rate Hold: Friend or Foe for Crypto?
The Federal Reserve's decision to likely hold interest rates steady throws some uncertainty at the crypto market.
Here's what we know:
Hold the Line: The Fed is expected to maintain rates between 5.25% and 5.50%, according to PANews. This could be a neutral sign for crypto.
No Easy Button: While a rate cut (generally seen as positive for riskier assets like crypto) is unlikely, holding rates avoids the potential dampening effect of a hike.
Economic Tightrope: The Fed is navigating a tricky economic landscape with inflation concerns. This ongoing uncertainty could keep volatility high in the crypto market.
Bullish Whisper?
Stagnant Rates, Not Rising Rates: Avoiding a rate hike could be seen as a small win for crypto bulls. Rising rates typically make riskier assets less attractive.
Bearish Buzz?
Lingering Uncertainty: The ongoing economic worries the Fed is grappling with could cast a shadow on the crypto market, keeping investors cautious.
The Verdict: It's Complicated
The Fed's decision is unlikely to trigger a major bull or bear trend in crypto. It's more likely to be a wait-and-see situation for the market. Investors will likely be looking for further signs from the Fed and the broader economy before making big moves.
Stay tuned! The crypto market is known for its sensitivity to external factors. We'll need to see how it reacts to the Fed's decision and other economic developments.
#BTC.😉. #HalvingHorizons #TrendingTopic #HalvingImpact #Miners
The Federal Reserve's decision to likely hold interest rates steady throws some uncertainty at the crypto market.
Here's what we know:
Hold the Line: The Fed is expected to maintain rates between 5.25% and 5.50%, according to PANews. This could be a neutral sign for crypto.
No Easy Button: While a rate cut (generally seen as positive for riskier assets like crypto) is unlikely, holding rates avoids the potential dampening effect of a hike.
Economic Tightrope: The Fed is navigating a tricky economic landscape with inflation concerns. This ongoing uncertainty could keep volatility high in the crypto market.
Bullish Whisper?
Stagnant Rates, Not Rising Rates: Avoiding a rate hike could be seen as a small win for crypto bulls. Rising rates typically make riskier assets less attractive.
Bearish Buzz?
Lingering Uncertainty: The ongoing economic worries the Fed is grappling with could cast a shadow on the crypto market, keeping investors cautious.
The Verdict: It's Complicated
The Fed's decision is unlikely to trigger a major bull or bear trend in crypto. It's more likely to be a wait-and-see situation for the market. Investors will likely be looking for further signs from the Fed and the broader economy before making big moves.
Stay tuned! The crypto market is known for its sensitivity to external factors. We'll need to see how it reacts to the Fed's decision and other economic developments.
#BTC.😉. #HalvingHorizons #TrendingTopic #HalvingImpact #Miners
🚨 #Bitcoin Miner Netflow hit a year-low on 17th January, indicating a significant drop in miner reserves, with over 10k $BTC worth $436 million sent to exchanges.
#BitcoinMining #Miners #mining
#BitcoinMining #Miners #mining
📈Bitcoin Miners Sell Like Crazy: Lowest Level Since Bull!
Bitcoin (BTC) reserves belonging to miners have fallen to their lowest level since 2021.
On-chain analytics platform Crypto Quant has revealed remarkable data on Bitcoin miner reserves. In the post shared by the analysis platform on February 2, it was stated that the Bitcoin reserves of miners fell to their lowest level since 2021, especially in the last 2 days.
In the data in question, it was noted that there was a Bitcoin outflow of 600 million dollars from miner reserves in the last 2 days alone:
Over the past two days, miner reserves have dropped by more than 14,000 Bitcoins, a reduction of about $600 million.🔥
The Bitcoin halving, which is expected to take place next May, has increased the selling pressure on miners. With the halving, the vast majority of miners around the world will start working at a loss if the price of Bitcoin cannot rise above $42,000.🔥
Miners, who aim to be prepared for such a scenario, provide themselves with insurance by disposing of their Bitcoins in profit months before the halving. This naturally creates a selling pressure on Bitcoin...
#Write2Earn #TrendingTopic #BTC #Miners #mining $BTC
Bitcoin (BTC) reserves belonging to miners have fallen to their lowest level since 2021.
On-chain analytics platform Crypto Quant has revealed remarkable data on Bitcoin miner reserves. In the post shared by the analysis platform on February 2, it was stated that the Bitcoin reserves of miners fell to their lowest level since 2021, especially in the last 2 days.
In the data in question, it was noted that there was a Bitcoin outflow of 600 million dollars from miner reserves in the last 2 days alone:
Over the past two days, miner reserves have dropped by more than 14,000 Bitcoins, a reduction of about $600 million.🔥
The Bitcoin halving, which is expected to take place next May, has increased the selling pressure on miners. With the halving, the vast majority of miners around the world will start working at a loss if the price of Bitcoin cannot rise above $42,000.🔥
Miners, who aim to be prepared for such a scenario, provide themselves with insurance by disposing of their Bitcoins in profit months before the halving. This naturally creates a selling pressure on Bitcoin...
#Write2Earn #TrendingTopic #BTC #Miners #mining $BTC
