📉 #Bitcoin miners' revenue dropped in August to its lowest since September 2023, coinciding with increased mining difficulty and a decline in $BTC mined.
This underscores the growing challenges #Miners face in the post-halving landscape.
#BitcoinMining #BitcoinMiners #TrendingTopic

⛏️ The number of #Bitcoin‬ held by Crypto #Miners has dropped to the lowest level since July 2021.

🔍 The estimated number of $BTC held in wallets tied to miners fell by 8,426 BTC ($530 million) since the start of the year to 1,812,482 BTC.

#BitcoinMining #mining

KPMG Study Reveals Bitcoin Mining's Potential to Reduce Carbon Footprints.

$BTC $BNB

#WebGTR #KPMG #bitcoin #Binance #Miners

Under the present #market circumstances, Bitcoin miners continue to be profitable, earning a total revenue of $24.1 Million from block subsidies and transaction #fees. With an estimated production cost of $19.1 Million, they achieve a net profit of $5 Million.

With the Previous Data, #Miners Remains Profitable and Kinda Hodling the Coin, Which Eventually, reducing the Fresh Supply in the Market.

⚡️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

💰CleanSpark Buys 20000 New Bitcoin Miners to Boost🚀

#BTC #Miners #bnbgreenfield #Stablecoins #inflation

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Bitcoin miner Marathon Digital's (MARA) CFO Hugh Gallagher plans to retire from his role in May 2023.

#Miners #BTC #crypto2023 #crypto #dyor

📊 #Bitcoin miners sold more tokens than they minted during October’s #Crypto rally

Top crypto #Miners sold 5,492 $BTC for about $164 million in the last month, bringing the liquidation-to-production ratio to about 105%

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#Miners #CryptolaridaOficiall

🚨 $BTC Halving poses a profitability threat to top miners, warns Cantor Fitzgerald. Reward cut by 50% may leave only 2 of 13 publicly traded #Miners profitable.

🔸 Argo Blockchain & Hut 8 vulnerable with costs over $60,000/BTC.

🔸 #Bitdeer & #CleanSpark likely to remain profitable, with
costs at $17,774 & $36,896/BTC.

#BitcoinHalving #Halving

💰 Bitcoin Miners Break Records with $9.97M Earnings from Inscriptions!

📈 In the wake of a substantial surge in onchain transaction fees, Bitcoin miners have hit an all-time high, raking in a staggering $9.97 million in the last 24 hours from inscription-based transfers. This eclipses the previous record of $7.21 million set on May 8, 2023.

🔢 Key Metrics:

Bitcoin Ordinal inscriptions are nearing a monumental milestone of 50 million, with approximately 48,754,694 recorded on the blockchain as of now.On December 16, 2023, miners received over 235 BTC, marking the third-highest day in terms of BTC volume, according to Dune Analytics metrics.The day stood out not only for its high BTC volume but also for the most substantial dollar value of fees, hitting the $9.97 million mark.

💹 Market Dynamics:

The increased value of BTC contributes to the higher miner earnings, surpassing the prior peak on May 8, 2023.On that particular day, miners were rewarded with more than 257 BTC for verifying inscriptions, whereas the recent Saturday's earnings were fueled by the increased value of BTC.

💲 Financial Impact:

From the 48.75 million inscriptions since December 16, 2022, miners have garnered over 4,084 BTC, equivalent to a staggering $170.68 million, for confirming these transactions.Bitcoin miners processed a total of 638,144 transactions on this impactful day, with inscription-related transactions constituting a significant 61.51%.

🚀 Implications for the Crypto Space:

The record-breaking earnings signify the growing importance of inscription-based transfers, showcasing a robust demand for onchain transactions.This financial milestone underscores the continued growth and financial significance of Bitcoin in the broader market.

📊 Stay Informed, Stay Ahead! Follow The Blockopedia for More Crypto Insights.

#Miners #BTCAllTimeHigh #crypto #cryptocurrency #crypto2023

$BTC
THIS IS THE Explanation WE Encountered MARKET Slump TODAY...
An obscure wallet auctions off their BTC mined beginning around 2010
Actually take a look at THE Picture FOR Proof!!!
Don't not overreact, the market will remember back, I have been in crypto for such countless years, this happens consistently.
I exhortation my supporters who are new to crypto to enjoy some time off from watching the market dump, return tomorrow!!
Your assets are not lost, they will remember back..
remain safe!
#BTC #TrendingTopic #Miners #Write2Earnn #termizi

The demand for #blockspace in #Bitcoin is currently soaring due to the utilization of BRC-20 tokens, text-based inscriptions, and ordinals. This surge in demand is proving to be highly lucrative for #Miners , as the average fee per block has reached 2.905 #BTC , approaching levels seen during previous bullish periods.

#crypto2023 #Binance #amansaiofficial

The surge in cryptocurrencies has led to energy-intensive mining, raising environmental concerns. CUDOS MARKETS introduces "#Hashrate Tokenisation" to address this, democratizing mining and encouraging eco-friendly practices. #Miners tokenize their computational power, allowing trading and resource sharing. This fosters resource pooling, reducing entry barriers and promoting decentralization.

Hashrate #tokenisation empowers wider participation, reducing energy consumption. It supports green mining by investing in renewable energy-backed hashrate collections, decreasing carbon footprint and aligning with eco-values. However, it might increase mining activity, counteracting the positive impact.

CUDOS MARKETS, an NFT marketplace from CUDOS, pioneers sustainable #BTC mining through hashrate collectibles. It connects users to clean-powered mining farms, making sustainable mining accessible and contributing to a greener crypto landscape.

Hashrate tokenisation transforms #mining, fostering eco-friendly practices. CUDOS MARKETS spearheads this movement, enabling responsible Bitcoin mining. With growing adoption of renewables, this innovation could reshape cryptocurrency mining. Supporting initiatives like CUDOS MARKETS can create a sustainable crypto ecosystem for the future.

Bitcoin will be recorded at fair value under new FASB rules issued today #BitcoinETF #Miners

Previously companies could only value their bitcoin at the lowest price since they bought it, meaning they had to record a loss, but not a profit when the price recovered. $BTC