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
⚡️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 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
Across current market conditions, #bitcoin #Miners remain profitable, generating a combined $24.1M in revenue from the Block Subsidy and Transaction Fees, for an estimated production cost of $19.1M, resulting in a net profit of +$5M.
#BTC #crypto2023 #Binance
#BTC #crypto2023 #Binance
📈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
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💰 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
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
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
What is a miner ?
What?
In cryptocurrency, a miner is a participant in the network who validates and processes transactions by solving complex mathematical problems.
Who?
Miners use powerful computers to compete with each other to be the first to solve these problems, and in return, they are rewarded with newly created coins and transaction fees.
Why?
This process is known as mining, and it is essential for maintaining the security and integrity of the blockchain network.
#Miners
What?
In cryptocurrency, a miner is a participant in the network who validates and processes transactions by solving complex mathematical problems.
Who?
Miners use powerful computers to compete with each other to be the first to solve these problems, and in return, they are rewarded with newly created coins and transaction fees.
Why?
This process is known as mining, and it is essential for maintaining the security and integrity of the blockchain network.
#Miners
🔨 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
You as well Earn about $750 in free #cryptocurrency on Binance with minimal stress and danger by participating in Cloud Mining with Binance Pool.
#Miners solve #cryptographic challenges using specialized Crypto miners use specialized computers to solve complex cryptographic riddles, earning thousands of dollars in tokens.
Gaining a better understanding is crucial for transforming one's life. Start cloud mining with Binance Pool now .
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#Miners solve #cryptographic challenges using specialized Crypto miners use specialized computers to solve complex cryptographic riddles, earning thousands of dollars in tokens.
Gaining a better understanding is crucial for transforming one's life. Start cloud mining with Binance Pool now .
kindly follow for earning tips
Do well to check my previous updates for the bag 💰
Drop your questions below 👇
Bitcoin Mining Challenges: Miners Face 20% Losses Amid Rising Costs!
📢 Important Update on #Bitcoin Mining
📊 Average Mining Cost: +35.5K
💱 Market Price: +30K
⚠️ #Miners are currently facing significant challenges, with approximately 20% losses on BTC mining. The rising average mining cost compared to the market price is a cause for concern.
🔮 Looking ahead, miners are bracing for the upcoming halving of block rewards. From 6.25 to 3.125 BTC, this reduction will impact their rewards. Their long-term motivation hinges on two factors:
1️⃣ #BTC Price Growth: If the $BTC price surpasses $100K in the next cycle and reaches $1M within the next 10 years, miners can remain motivated and sustain profitability.
2️⃣ Scalability and Web3: Alternatively, the Bitcoin Network's ability to achieve scalability through #Layer2 solutions and develop a robust #web3 ecosystem can provide miners with additional revenue streams through transaction fees. Recent successes with ordinals highlight the potential of this approach.
⏳ As the Bitcoin mining landscape evolves, it is crucial to monitor these trends and adapt accordingly. Stay informed and engage in discussions to understand the implications for the broader crypto community.
Follow Me for More Quality updates.
Thank you.
$ETH $BNB
📊 Average Mining Cost: +35.5K
💱 Market Price: +30K
⚠️ #Miners are currently facing significant challenges, with approximately 20% losses on BTC mining. The rising average mining cost compared to the market price is a cause for concern.
🔮 Looking ahead, miners are bracing for the upcoming halving of block rewards. From 6.25 to 3.125 BTC, this reduction will impact their rewards. Their long-term motivation hinges on two factors:
1️⃣ #BTC Price Growth: If the $BTC price surpasses $100K in the next cycle and reaches $1M within the next 10 years, miners can remain motivated and sustain profitability.
2️⃣ Scalability and Web3: Alternatively, the Bitcoin Network's ability to achieve scalability through #Layer2 solutions and develop a robust #web3 ecosystem can provide miners with additional revenue streams through transaction fees. Recent successes with ordinals highlight the potential of this approach.
⏳ As the Bitcoin mining landscape evolves, it is crucial to monitor these trends and adapt accordingly. Stay informed and engage in discussions to understand the implications for the broader crypto community.
Follow Me for More Quality updates.
Thank you.
$ETH $BNB
