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â Miners have significantly increased interaction with exchanges, sending them a record $128 million worth of coins. This is equivalent to 315% of the daily income of Bitcoin miners.
#Glassnode #crypto #maining #crypto2023
#Glassnode #crypto #maining #crypto2023
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Matthew Schultz: â90% of large miners will be unprofitable after Bitcoin halvingâ
Matthew Schultz refers to a study by financial and auditing company Cantor Fitzgerald. According to him, at current Bitcoin prices, the largest miners, including Marathon Digital, Riot Platforms, and Core Scientific, will come under pressure after the halving of the first cryptocurrency. The cost of mining 1 BTC will exceed the price of the first cryptocurrency on the market.
According to Schultz, the most vulnerable are the British firm Argo Blockchain and the American Hut 8 â after halving, the cost of mining bitcoins for these companies will be $62,276 and $60,360, respectively. At the same time, at current prices in the region of $40,000, only Bitdeer (Singapore) and his company CleanSpark (USA) will be able to maintain their business.
Recall that the next Bitcoin halving is due in April this year. If miners now receive 6.25 BTC for discovering a block, then after halving the reward, the reward will be 3.125 BTC.
#Halving #Halvings #Mining #maining #Bitcoin
$BTC
Matthew Schultz refers to a study by financial and auditing company Cantor Fitzgerald. According to him, at current Bitcoin prices, the largest miners, including Marathon Digital, Riot Platforms, and Core Scientific, will come under pressure after the halving of the first cryptocurrency. The cost of mining 1 BTC will exceed the price of the first cryptocurrency on the market.
According to Schultz, the most vulnerable are the British firm Argo Blockchain and the American Hut 8 â after halving, the cost of mining bitcoins for these companies will be $62,276 and $60,360, respectively. At the same time, at current prices in the region of $40,000, only Bitdeer (Singapore) and his company CleanSpark (USA) will be able to maintain their business.
Recall that the next Bitcoin halving is due in April this year. If miners now receive 6.25 BTC for discovering a block, then after halving the reward, the reward will be 3.125 BTC.
#Halving #Halvings #Mining #maining #Bitcoin
$BTC
Top books about crypto:
âThe Bitcoin Standardâ by Saifedean Ammous:
Written by Saifedean Ammous, an Assistant Professor of Economics at the Lebanese American University, this book offers a comprehensive guide to the history of Bitcoin. It covers its creation
Digital Goldâ by Nathaniel Popper:
This book delves into the fascinating history of Bitcoin, chronicling its rise from obscurity to mainstream prominence. It provides insights into the people behind Bitcoin, the challenges they faced, and the impact of this revolutionary digital currency2.
Cryptoassets: The Innovative Investorâs Guide to Bitcoin and Beyondâ by Chris Burniske and Jack Tatar:
Written by industry experts, this book explores various cryptoassets beyond just Bitcoin. It covers investment strategies, risk management, and the broader crypto market landscape2.
Mastering Bitcoinâ by Andreas M. Antonopoulos:
A technical guide for those interested in understanding the intricacies of Bitcoin. It covers topics like wallets, transactions, and security in detail2.
#crypto #maining #freeusdtgift #books #LearnTogether
âThe Bitcoin Standardâ by Saifedean Ammous:
Written by Saifedean Ammous, an Assistant Professor of Economics at the Lebanese American University, this book offers a comprehensive guide to the history of Bitcoin. It covers its creation
Digital Goldâ by Nathaniel Popper:
This book delves into the fascinating history of Bitcoin, chronicling its rise from obscurity to mainstream prominence. It provides insights into the people behind Bitcoin, the challenges they faced, and the impact of this revolutionary digital currency2.
Cryptoassets: The Innovative Investorâs Guide to Bitcoin and Beyondâ by Chris Burniske and Jack Tatar:
Written by industry experts, this book explores various cryptoassets beyond just Bitcoin. It covers investment strategies, risk management, and the broader crypto market landscape2.
Mastering Bitcoinâ by Andreas M. Antonopoulos:
A technical guide for those interested in understanding the intricacies of Bitcoin. It covers topics like wallets, transactions, and security in detail2.
#crypto #maining #freeusdtgift #books #LearnTogether