CryptoQuant data on January 20 shows an unusually sharp spike in Bitcoin miners’ outflow, an unexpected development considering the solid performance of BTC prices in the past few trading days. Miners...
Tag: Miners
Miners Sending Thousands of Bitcoin to Binance
– Advertisement – These miners have sent up to 5,592 BTC to Binance since January 17. Bitcoin (BTC) miners have begun sending their assets to exchanges in a recently-introduced campaign, w...
Bitcoin miners reactivate their rigs following BTC’s rally – Cryptopolitan
Bitcoin miners have been getting back to work as the cryptocurrency market stages a comeback. Following the resurgence of Bitcoin (BTC), many bitcoin miners have turned on their rigs and are mining ag...
Bitcoin miners’ outflows pull bitcoin price below $21K
Today’s bitcoin price drop may have caught many by surprise especially since it comes after days of a sustained bullish trend. Bitcoin (BTC) jumped above $21 on January 14 and largely stayed above tha...
SEC Revealed Crypto Miners Sensitive Information: Reports
According to media sources, The United States Securities and Exchange Commission(SEC) has allegedly disclosed personal and sensitive information like names and email addresses of several active crypto...
SEC Discloses Private Info Of Crypto Miners During Inquiry
The U.S. Securities and Exchanges Commission SEC accidentally disclosed the private information of crypto miners from the blockchain company Green. In a recent report, the agency leaked the contact de...
SEC Issued Crypto Miners’ Private Detail During Investigation
3 hours ago | 2 mins read Exchange News The SEC accidentally leaked the Green firm’s private information. As per the SEC, leaking personal information is a violation of privacy laws. The Securities an...
3 Year Old 2,619 Bitcoin on Move, As Miners Sells 7K+ BTC
– Advertisement – The sell-off immediately followed an accumulation period that prevailed when BTC was trading below $19k. Bitcoin (BTC) miners have sold off over 7,000 BTC from their cumu...
Ault Alliance’s Subsidiary BitNile, Inc. Has Received All 20,645 Bitcoin Miners from the First Five Contracts with Bitmain Technologies Limited
Company anticipates annualized revenue run rate from Bitcoin mining operations would increase from the current run rate of approximately $30 million to approximately $60 million from Bitcoin miners in...
Bitcoin Miners Might Just End BTC’s Recent Price Rally
In what is shaping up to be the elixir to last year’s steady bleed to lower prices, the month of January has given the volatility that Bitcoin bulls were hoping for; the question now is whether or not...
Crypto News Live: Are Bitcoin Miners Preparing for a Massive BTC Price Pullback?
With the crypto space witnessing some relief from the bearish trend, the Bitcoin miners quickly started accumulating. This amplified the price smashed above $21,000 and also reached close to $21,500. ...
Bitcoin Miners Show Signs Of Dumping, Bad For Rally?
On-chain data shows Bitcoin miners could be dumping right now, a sign that could provide an impedance to the rally. Bitcoin Miners’ Position Index Has Shot Up Recently As pointed out by an analyst in ...
Bitcoin Mining Difficulty Surges 10% to New ATH as Miners Return
Bitcoin miners got crushed in 2022. What seemed like a year of sufficient capital for expansion, high energy prices, increasing competition, and a bear market knocked several mining giants off. After ...
A Tough Year for Public Miners
The mining data site Hashrate Index has released a report reflecting on the state of the Bitcoin mining industry throughout 2022. The analysis examines the steep decline in mining profitability in 20...
Bitcoin Is Retesting Cost Of Production, Relief For Miners?
On-chain data shows Bitcoin is now retesting the cost of production price for miners, suggesting that this cohort may soon finally find some relief. Bitcoin Miners Might Find Relief After A Period Of ...
Ex-CCP Official Apologizes for Supporting Crypto Miners: Xiao Is Facing Jail for Accepting Bribe
A former CCP member on a local channel apologized for his involvement. Xiao Yi had pleaded guilty to accepting over $1.8 million bribe. China stands second in BTC mining with 21%, following the US w...
Bitcoin over $17,000 pushes miners higher
Bitcoin mining stocks jumped as the cryptocurrency rallied above $17,000. Crypto-related stocks and traditional markets were also higher. Bitfarms rose by 32%, while Marathon gained 24% and Riot...
Bitcoin Miners Stop Selling – Is This The Bottom Signal?
Given the escalating drama surrounding the Digital Currency Group (DCG), it does not seem out of the question that the Bitcoin price will drop once again. Despite today’s breakout above the important ...
Crypto Miners Aren’t Giving Lenders Their Money Back
Of all the people or companies in the crypto space, lenders likely have it worse than anyone or anything. They are the ones giving money to the crypto companies that are now failing or struggling to s...
Kazakhstan Crypto Miners Now Subject To Higher Electricity Charges
Bitcoin News The rate varies according to the cost and availability of the electricity needed to mine. Crypto farms that use renewable energy will likewise be awarded the lowest tariff. Cryptocurrency...
1.5M houses could be powered by the energy Texas miners returned
During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid. It became possible due to the flexibility of mi...
Bitcoin miners return energy to distressed Texas grid
In the wake of the devastating winter storm in Texas in December 2022, Bitcoin miners returned up to 1,500 megawatts of energy to the grid, enough to power over 1.5 million small homes. This impressiv...
Bitcoin sticks to its bearish patterns despite miners revising their operations
Bitcoin miners added over 3,000 BTC to their reserves An analyst predicted a drop in value due to the RSI and Open Interest stance For most of 2022, Bitcoin [BTC] miners’ activities revolved around se...
Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023
After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts. Bitcoin mining cost minimization will ...
Core Scientific Cuts Power To 37K Celsius Miners
Core Scientific has come to an agreement with Celsius Network to shut down the 37,000 mining rigs that it was hosting for the latter. Power Cut To Celsius’s Rigs The Celsius Network has agreed to let...
Bitcoin miners see mixed successes in tackling debt-fueled overexpansion crisis
According to a recent report by Hash Rate Index, publicly-listed Bitcoin (BTC) miners took on more than $4 billion worth of debt during the run-up to the crypto bull market. Mesmerized by rising price...
Bitcoin Miners Give Mixed Opinions on Bear Market Bottom in 2023
The current Bitcoin bear market will likely end this year, according to mining data company Hashrate Index. Other industry insiders, however, aren’t so sure. The company’s optimistic outlook is welcom...
Bitcoin miners rejoice as PEGA Pool’s Launch is Imminent
Bitcoin (BTC) miners the world over are running out of patience with the highly anticipated launch of PEGA Pool mere weeks away. Record low BTC prices, compounded by rising hash rates, have had BTC mi...
Core Scientific will cut power to 37,000 Celsius miners: Bloomberg
Core Scientific will cut off power to 37,000 mining rigs for which Celsius still owes payment, the two now-bankrupt companies agreed. Bloomberg first reported the news. The agreement marks the ...
Iran Returns Seized Crypto Mining Equipment to Miners – Mining Bitcoin News
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by cou...
Revenue of Bitcoin Miners Plummets to $9.55 Billion in 2022
3 hours ago | 2 mins read Tradingview The problem worsened when the value of Bitcoin and other cryptocurrencies fell. According to statistics, bitcoin miners earned about $15 billion in 2021. Crypto m...