In the crypto universe, bitcoin’s quest to hit $ 100,000 feels like reaching the climactic level in a video game—an epic showdown that embodies years of persistence, strategy, and transformation. The $ 100K Milestone: A Historic Moment in Free Market Economics When bitcoin (BTC) crosses the $ 100,000 mark in U.S. dollars, …
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $ 0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices of application-specific integrated circuit (ASIC) bitcoin mining …
Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers an alternative way to measure the economic activity and value of bitcoin based on “coinblocks” rather than the standard accounting method of unspent transaction outputs, or UTXOs. Cointime Economics: A […]