Miners at work! 💻⛏️
Bitcoin miners are currently in a golden age (or, more accurately, a "bitcoin age"! 😅). Their market capitalization has soared to $40 billion, nearly doubling in 7 months! 🚀
• Even despite the difficult halving in April, which halved the block reward, miners did not give up. 💪 They are currently mining only 450 BTC per day, but continue to increase their capacity.
• The mining difficulty is constantly rising, and it takes more and more "smart technology" to mine a block. The hash rate has already reached 726 EH/s — that's just out of this world! 🌌.
📌What are miners doing to avoid "burnout"? 🔥
1️⃣ Implementing AI and supercomputing. Artificial intelligence is their new friend! 🤖
2️⃣ Buying bitcoins. For example, MARA company purchased 6,474 BTC for $615 million in November. 💸 They raised the money by selling bonds — that's a cool way to attract investors.
🤔It can be concluded that bitcoin mining continues and is quite successful 👍