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Bitcoin 4-year cycle chart
#MtGoxJulyRepayments
#BinanceTournament
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Mining pool F2Pool reported that with electricity costs at $0.08 per 1 kWh, mining bitcoin with ASIC devices with an energy efficiency of less than 23 W/T (watts per terahash) becomes unprofitable. According to F2Pool's calculations, four types of Antminer devices and one device from Avalon remain profitable at bitcoin prices above $53.1k. The operation of all other devices has become unprofitable due to the fact that energy costs exceed revenue from mining. #MtGoxJulyRepayments $BTC $ETH $BNB
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$224B has flowed into this market since 2023. Government-seized #BTC contributes about $9B to the realized cap. It's only 4% of the total cumulative realized value since 2023. $BTC $ETH $BNB #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions #Bitcoin
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While you are scared, someone just bought $184 million worth of #Bitcoin from Coinbase #MtGoxJulyRepayments #BinanceTournament $BTC $ETH $BNB
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🇩🇪 German parliament member Joana Cotar says government selling #Bitcoin is “not sensible.” Urges “holding BTC as a strategic reserve currency.” #MtGoxJulyRepayments #BinanceTournament $BTC $ETH $BNB
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Mt. Gox has begun repaying BTC and BCH to creditors. The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the Rehabilitation Plan. #Bitcoin #MtGoxJulyRepayments $BTC $ETH $SOL
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