Binance Square
Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
LIVE
DrPhysco
Bullish
--・68 views
CoinShares has released a Bitcoin mining report with key highlights: ⚫️The average cost of mining one BTC will rise to $37,856 ⚫️Only a small group of miners will remain profitable if Bitcoin's price falls below $40k ⚫️Network efficiency has significantly increased and is expected to continue growing from 34W/T (current) to 10W/T by 2026 ⚫️Approximately 53% of mining energy comes from eco-friendly sources #BTC #XAI #ETH-ETF $BTC $ETH $BNB

CoinShares has released a Bitcoin mining report with key highlights:

⚫️The average cost of mining one BTC will rise to $37,856

⚫️Only a small group of miners will remain profitable if Bitcoin's price falls below $40k

⚫️Network efficiency has significantly increased and is expected to continue growing from 34W/T (current) to 10W/T by 2026

⚫️Approximately 53% of mining energy comes from eco-friendly sources

#BTC #XAI #ETH-ETF $BTC $ETH $BNB

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
DrPhysco
@Square-Creator-d42488167

Explore More From Creator

May 26, 2024 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap: $2.57 Trillion 24h Volume: $51.85 Billion BTC Dominance: 53% ETH Dominance: 17.6% 🔸Helth Standard: 5 (1 to 10) 🔸 Sentiment: 45% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. BB: +26% 2. CHZ: +18% 3. CREAM: +16% Top Losers 1. PEOPLE: -17% 2. OGN: -13% 3. AUDIO: -11% BINANCE FUTURES: Top Gainers 1. BBUSDT: +26% 2. MYROUSDT: +20% Top Losers 1. PEOPLEUSDT: -18% 2. OGNUSDT: -12% LARGEST VOLUME (24h) 1. BTC/USDT ($15000m) 2. ETH/USDT ($9500m) DAILY OUTLOOK BB, CHZ, and CREAM are currently the top gainers in the market. However, overall market volume has dropped, signaling potential volatility ahead. The upcoming weekly candle closure is crucial; a bullish closure would indicate a positive market trend, while a bearish closure would suggest a market correction. BTC dominance is moving sideways or showing signs of bearishness, which could indicate strengthening in alts. ➖➖➖➖➖➖➖##ETHETFsApproved #FIT21 #PEPE‏ #EarnFreeCrypto2024 #BinanceLaunchpool $BTC $ETH $BNB
--
PI coin mainnet will be lounched in July this year and make miners rich are you minning ? Are you looking for the next big opportunity in the world of cryptocurrency? Look no further than Pi Network, a revolutionary project that could potentially make you a millionaire when it launches. Pi Network is not your typical cryptocurrency. It's a project that aims to make cryptocurrency mining accessible to the masses through its mobile app. This means that anyone with a smartphone can participate in mining Pi coins, unlike traditional cryptocurrencies that require expensive and energy-intensive mining rigs. So how can Pi Network create new millionaires? The key lies in its early adoption phase. Right now, Pi is in the development stage, and users can mine Pi coins at a higher rate than they will be able to once the network is fully launched. This means that those who start mining early stand to accumulate a significant amount of Pi coins before the general public even knows about it. Once Pi Network launches and gains traction, the value of Pi coins is expected to increase. Those early adopters who have accumulated a large number of Pi coins could see their wealth multiply exponentially, potentially turning them into millionaires. But the opportunity doesn't stop there. Pi Network is also exploring various ways to integrate Pi coins into everyday transactions, further increasing its value. Imagine being able to use your Pi coins to pay for goods and services, just like you would with traditional currency. Pi is a new digital currency developed by Stanford PhDs, with over 47 million members worldwide. To claim your Pi, follow this link https://minepi.com/drsmok69 and use my username (drsmok69) as your invitation code. #pizzaday #ETHETFS #PEPE‏ #btc70k #BinanceLaunchpool $BTC $ETH $BNB
--
May 22, 2024 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap: $2.6 Trillion 24h Volume: $120 Billion BTC Dominance: 53% ETH Dominance: 17.4% 🔸Health Standard: 6 (1 to 10) 🔸Sentiment: 56% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. PEOPLE: +33% 2. EDU: +25% 3. PEPE: +24% Top Losers 1. SSV: -8% 2. CVP: -6% 3. TRU: -5% BINANCE FUTURES: Top Gainers 1. PEOPLEUSDT: +35% 2. EDUUSDT: +25% Top Losers 1. SSVUSDT: -8% 2. TRUUSDT: -6.5% LARGEST VOLUME (24h) 1. BTC/USDT ($40400m) 2. ETH/USDT ($30400m) DAILY OUTLOOK PEOPLE, EDU, and PEPE are the top gainers in the market today. Bitcoin (BTC) is consolidating around $70,000, and Bitcoin dominance (BTC.D) is decreasing. This decline in BTC.D has led to bullish rallies in altcoins, with many altcoins yet to fully perform. If BTC.D continues to decline, we can anticipate a significant bull run in altcoins. ➖➖➖➖➖➖➖ DYOR #pizzaday #btc70k ##btc70k #pepe⚡ #PEOPLEpump $BTC $ETH $BNB
--
Happy Bitcoin Pizza Day!!🍕 14 years ago, 2 Papa Johns pizzas were bought for 10,000 $BTC (worth just over $40 at that time). Those 2 pizzas would be worth $700 Million today…🚀 ➖➖➖➖➖➖➖ #pizzaday #ETHETFS #btc70k #BinanceLaunchpool #buythedip $BTC $ETH
--
⚡️⚡️⚡️BREAKING NEWS ⚡️⚡️⚡️ U.S. House approves crypto FIT21 Bill with a very strong support from House Democrats. The bill marks the industry's most significant legislative accomplishment in Congress, aiming to establish a clear regulatory framework for digital assets rather than relying on 90-year-old securities law written before the Internet existed. President Biden opposed the bill with a policy statement, though he didn't say he'd veto the bill. SEC Chair Gary Gensler also strongly opposed the bill.#ETHETFS #BinanceLaunchpool #pizzaday #PEPE‏ #btc70k $BTC $ETH $BNB
--

Latest News

US Bitcoin Spot ETFs Ramp Up BTC Holdings by $2.004 Billion in May
--
Binance Market Update (2024-06-02)
--
Former Professional Boxer Floyd Mayweather Accused of Involvement in NFT Scams
--
Shiba Inu Community Warned Against Fraudulent SHIB Reward Schemes
--
Bitcoin Advocate Expresses Confidence Amid Price Drop; Major Crypto Exchange Suffers Hack
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie