In July, bitcoin miners earned $ 951.11 million, marking the lowest monthly revenue of the year. Out of this total, $ 24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging for bitcoin miners, as …
This week, the price of one ounce of silver has seen a significant rise. Over the past five days, silver has increased by more than 11% against the U.S. dollar, surpassing gold’s 2.3% five-day gain. Silver reached $ 31 per troy ounce for the first time since February 2013. Silver Hits $ 31 …
After reaching a low of $ 56,500 on April 30, bitcoin climbed to a peak of $ 62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $ 26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their …
On Friday, Bitcoin’s hashprice was $ 56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $ 51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that bitcoin miners are receiving less than half a BTC per block in …
As the crypto landscape evolves, a significant tightening in bitcoin’s available supply on exchanges has emerged, hinting at just nine months of reserves left. Bybit’s latest halving report unveils the reasons behind this tightening grip, indicating a looming scarcity that could reshape market dynamics. Bitcoin Faces Unprecedented Supply Squeeze as Exchange Reserves Plummet According to […]