In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners has declined as the hashprice, the revenue from 1 petahash […]
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $ 1.79 billion, which, although $ 220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $ 1.56 billion. Bitcoin Miners Recorded Strong …
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average of 5.105 BTC per block, between a blend of new BTC and transaction fees, following a peak in the hashprice. However, the average yield per […]
Dogecoin was marginally higher on Wednesday, after moving back above a recent support point during today’s session. The meme coin fell to a seven-week low on Monday, however bulls have moved to buy the dip. Toncoin was another token to rise, reentering the $ 2.00 region in the process. Dogecoin (DOGE) Dogecoin (DOGE) climbed …
Dogecoin was a notable mover on Tuesday, as the meme coin extended recent declines after a failed move beyond a key resistance level. The drops came as the wider crypto market cap also slipped. It is trading 2.87% lower as of writing. Shiba inu also edged lower in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) fell […]