Rumors about U.S. Vice President Kamala Harris possibly attending the Bitcoin 2024 conference in Nashville have garnered substantial attention. Alongside the speculation, a Polymarket bet estimates Harris’s odds of attending at roughly 8%. ‘Unburdened by What Has Been’ On July 23, David Bailey, CEO of BTC Inc., the company organizing Bitcoin 2024 in Nashville, stated […]
Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June
Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash per second (PH/s) of hashrate remains notably low at $ 47.79 per PH/s. Despite the revenue decline, Bitcoin’s hashrate is still just under the 600 exahash per second (EH/s) mark. Bitcoin Miners’ …