Bitcoin Miners Saw 11% Revenue Drop in September
Miners generated an estimated $328 million in September. Source
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Miners
Blockchain Bites: Dorsey Challenges Coinbase, Nasdaq Lists Diginex, Ethereum Miners Profit
The Australian government is investing big in modern technology, Nasdaq saw its first crypto exchange operator listing and revenues are surging for Ethereum miners amid increased network activity. Top shelfAustralia modernizesAustralia will commit A$800 million (US$575 million) to invest in digital technologies as part of its coronavirus recovery plan, Prime Minister Scott Morrison
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76% crypto miners use renewables as part of their energy mix
The rising energy demand of proof-of-work cryptocurrencies such as Bitcoin (BTC) has been a hotly debated topic. But the 3rd Global Cryptoasset Benchmarking Study by the University of Cambridge shows that 76% of cryptocurrency miners use electricity from renewable energy sources as part of their energy mix.The study found that
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Short Calls Fail to Shake Bitcoin Miners Who Push Difficulty to New All-Time High
Currently, Bitcoin traders are overall net long. But talk of a second wave has memories of March’s flash
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Three Iranian Power Plants Plan to Sell Electricity to Crypto Miners
Three Iranian power plants with enough output to supply half of New York City will begin selling some surplus power to crypto miners. Source
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Profit taking Bitcoin miners won’t stop the next bull run: On-chain analyst
Historical data shows that some miners began to sell Bitcoin (BTC) at the end of July, leading to increased selling pressure in the cryptocurrency market.Eventually, the dominant cryptocurrency fell steeply from mid-August, recording a 13% fall and since then BTC has struggled to retake the $12K mark.Bitcoin selling by miners
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Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners
The Russian Ministry of Finance has drawn up a new draft bill that echoes a previous attempt to outlaw cryptocurrency use and, if passed, would have a major impact on the nation’s crypto miners. The document, sent by the ministry to other government branches for feedback, states that miners located in
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Why Are Bitcoin Miners Moving An “Unusually” Large Amount of BTC?
Bitcoin is an asset unlike any other. Not only are prices impacted by normal market participants buying and
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There’s an “Unusual” Amount of Bitcoin Sellling Pressure From Miners
Bitcoin took a strong dive during Wednesday’s trading session. The asset fell from the $12,075 highs of the
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Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage
Bitcoin took a dive Wednesday. Ethereum miners are benefiting from all that DeFi. Bitcoin (BTC) trading around $11,396 as of 20:00 UTC (4 p.m. ET). Slipping 4.8% over the previous 24 hours.Bitcoin’s 24-hour range: $11,159-$12,058BTC above its 10-day moving average but below the 50-day, a sideways signal for market technicians.Bitcoin trading
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