Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
lord_ryaan
--
Bullish
Follow
Whats your Bias on
$BTC
after Trump's Inauguration?
Bullish 📈
Bearish📉
Neutral
3 day(s) left
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
6.2k
0
Replies
2
Quote
1
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
lord_ryaan
@ChartMuscles
Follow
Explore More From Creator
Always hear a lot of people talking about blockchains but what exactly is a bitcoin Blockchain? #askmeanythingcrypto
--
What is Bitcoin Hashing ? #askmeanythingcrypto
--
START OF YEAR DIP
--
$BTC Below 92k before 20 Jan
--
🚨#BTCMiningPeak BITCOIN UPDATE ,Dont miss this🚨 📌Please follow ,like & share for more🫡 The mining difficulty of Bitcoin hit a new peak of 109.78 trillion, climbing 1.16% in Sunday's latest adjustment. This represents a 24% increase over the past 90 days and a 52% rise during the last three months of the year. Meanwhile, Bitcoin's hash rate also crossed the 800 EH/s threshold this month for the first time, signaling the network's solid performance. Despite these indicators of a strong network, miners face challenges due to the halved block rewards and increased difficulty, which squeeze their profitability. Temporary Relief But Cost Pressures Mount for Bitcoin Miners CoinShares' Q3 Bitcoin Mining Report highlights that although these factors have raised mining costs, the recent rise in hashprice has provided temporary relief. However, this boost is not expected to last, and miners will need to adapt to the long-term pressures driven by rising costs and competition for resources. In its latest report, the European asset manager stated that cost-of-production pressures are expected to continue and will be driven by fierce competition for land and power resources. Hyperscalers, which offer more profitable alternatives, are outbidding miners and are ultimately driving up operational costs. Meanwhile, machine prices, closely correlated with Bitcoin's value, are also set to increase thereby amplifying capital expenditures and depreciation expenses.Miners Explore Al and Clean Energy Solutions As a result, miners are adopting diverse strategies such as HODLing Bitcoin or exploringartificial intelligence (Al) partnerships, which may temporarily slow BTC production but open new revenue streams. CoinShares's identified firms,likeTeraWulfand Cipher, are well- positioned to capitalize on Al opportunities due to their strategic relationships with energy companies and significant investments in clean energy. However, the financial impact of these ventures may take time to materialize, the report stated. #btc2025 BUY $BTC & HODL
--
Latest News
Ripple's Legal Chief Urges Cautious Crypto Regulation by SEC
--
Stablecoin Market Cap Falls Below $204 Billion
--
Syria Proposes Bitcoin Adoption To Combat Inflation And Stabilize Economy
--
Usual Protocol Faces Major USD0 Sell-Off, Recovers Quickly
--
Bitcoin Futures Open Interest Sees Decline
--
View More
Trending Articles
Michael Saylor's XRP Warning: A Grim Reminder ☠️
Bubble Bash
January 1, 2025 ... Morning Update .. A complete and perfect Report for New year 1st Day
BullishBanter
🚀 Solana (SOL) 🚀: Poised for Another Surge After a Brief Dip!
Diganta
Vitalik Buterin calls out Elon Musk on free speech and ‘banhammer’ threat
Cointelegraph
Binance NFT [Free Claim](https://www.binance.info/fan-token/
Jacquelynn Kump p6gz
View More
Sitemap
Cookie Preferences
Platform T&Cs