Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,413,521,174,409.04
  • 24h Vol: $59,176,709,029.62
  • BTC Dominance: 56.52%

Miners

the-5-month-halving-hangover:-bitcoin-miners-continue-to-face-revenue-struggles 

The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles 

Leave a Comment / Bitcoin, block subsidy, Blockchain, Crypto Hacked, Cryptocurrency, Ethereum, Halving, hashprice, Miners, Mining, onchain fees, revenue / / / , , , , , , , , ,

Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in the month, miners have already earned a hair over 62% of what they brought in during […]

The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles  Read More »

glassnode-reports-rising-bitcoin-hashrate,-etf-outflows,-and-lower-investor-engagement

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, ETF outflows, Ethereum, glassnode, Hashrate, investor engagement, Market Activity, Miners, News / / / , , , , , , , , ,

Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin Market Challenges as Investors Reduce Activity Bitcoin miners continue to demonstrate resilience, as highlighted in Glassnode’s onchain report.

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement Read More »

bitcoin-sets-new-transaction-milestones-as-top-ten-busiest-days-occurred-in-2024

Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024

Leave a Comment / Bitcoin, Blockchain, BTC, BTC transfers, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Featured, Hashrate, Miners, network, onchain fees, transactions / / / , , , , , , , , , , ,

In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top of these metrics, the blockchain also saw its busiest transfer day in history on April 23, with 927,010 transactions confirmed in one day. Bitcoin’s High-Traffic

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babylon-staking-sparks-bitcoin-fee-surge:-transfers-hit-$105-before-plummeting

Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting

Leave a Comment / Babylon Labs, Bitcoin, Blockchain, BTC, Crypto Hacked, Cryptocurrency, Ethereum, Mempool, Miners, News, staking, Transaction Fees / / / , , , , , , , , ,

On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to 625 sat/vB or $53.26 per transaction. Bitcoin Miners Rejoice as Fees Hit $105 The

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hashrate-climbs-25-eh/s-in-8-days-as-bitcoin-miners-adjust-to-network-difficulty-reduction

Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction

Leave a Comment / Bitcoin, Blockchain, computational power, Crypto Hacked, Cryptocurrency, Difficulty Adjustment, Ethereum, hashprice, Hashrate, Miners, Mining, SHA256 / / / , , , , , , , , ,

While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days. Miners Increase Bitcoin’s Hashrate After Difficulty Decline

Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction Read More »

bitcoin-network-faces-toughest-mining-difficulty-increase-since-2022

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022

Leave a Comment / Bitcoin, Blockchain, blockchain technology, BTC Price, Crypto Hacked, Cryptocurrency, Digital Currency, Ethereum, hashprice, Miners, Mining, Mining Difficulty, Network Security / / / , , , , , , , , , ,

The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022 Read More »

russia-takes-second-place-rank-by-power-capacity-in-crypto-mining,-reports

Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports

Leave a Comment / Bitcoin, Bitriver, capacity, China, Crypto, Crypto Hacked, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, Electricity, electricity consumption, Energy, Ethereum, Kazakhstan, Miners, Mining, Mining Industry, mining sector, power, power capacity, Regulation, Regulations, Russia, russian, U.S., US / / / , , , , , , , , , , , , , , , , , , , , , , ,

Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the amount of power devoted to the sector has been growing, reaching record highs this year. 1 GW of Electrical Power Involved in Crypto Mining in

Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports Read More »

bitcoin-hashrate-reaches-400-exahash-per-second,-researcher-says-network-could-reach-zettahash-era-by-2025

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

Leave a Comment / analyst, ASIC, Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, Cryptography, difficulty, Digital Assets, efficiency, efficiency improvements, entrepreneurs, estimation, Ethereum, Exahash, Facilities, growth rate, Hashrate, Hydro Powered, inquiry, inventory, milestone, Miners, Mining, models, nation states, operational, Price Increase, Profitability, quintillion, Regulators, Renewable Energy, Research, River Financial, rumors, secret mining, sextillion, Statistics, study, Technology, wide range, zettahash / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second.

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025 Read More »

bitcoin’s-ordinal-inscriptions-surpass-500,000-mark-as-miners-earn-$2.66-million-in-added-fees

Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees

Leave a Comment / Arbitrary Data, Art, Bitcoin, Bitcoin (BTC), Bitcoin Punks, Bitcoin Rocks, Blockchain, BTC, Collections, Crypto Hacked, Cryptocurrency, Dune Analytics, Embedded Data, Ethereum, Fees, Inscribed Pepes, JPEG, litecoin, litecoin (LTC), Litecoin Bulls, Litecoin Punks, LTC, market prediction, Miners, nft, NFT collections, Non-fungible Token, Non-fungible tokens, Onchain data, Onchain NFTs, Ordinal Collections, Ordinal Doges, Ordinal inscriptions, Ordinal Punks, Pixel Pepes, PNG, Punks on Bitcoin, text-based, Tradfilines, Twelvefold, Unordinals, WEBP, Xcpinata / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66 million in added fees. The Rise of Ordinal Inscriptions on Bitcoin Blockchain

Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees Read More »

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Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

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The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in

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