Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling from mining entities. In the latest CryptoQuant weekly report, analysts revealed that the number of BTC sent from Bitcoin mining entities to exchanges has reached […]
Bitcoin Miners Are Selling Again: CryptoQuant Read More »
The Bitcoin mining industry had its most lucrative month ever in March, pocketing over $2 billion for securing the leading crypto network. Data from Blockchain.com shows that miners, in aggregate, averaged $65.23 million per day over the 30 days ending March 31. Miners In Massive Profit The latest figure shatters the 30-day averages of the
Bitcoin Miners Score Record Monthly Revenues At Over $2 Billion Read More »
Last updated: February 26, 2024 02:01 EST | 1 min read Source: MidjourneyA US judge has temporarily halted the Energy Information Administration’s (EIA) attempt to enforce a mandatory survey on Bitcoin miners. Judge Alan Albright said on Friday that the EIA cannot compel the Texas Blockchain Council or its members to answer the survey. The
Texas Miners’ Lawsuit Spurs EIA to Temporarily Halt Bitcoin Miner Survey Read More »
Bitcoin (BTC) miners have suddenly begun offloading their BTC holdings to crypto exchanges, signaling a potential reversal of months of upward price momentum. Per a Sunday post from SignalQuant – an author for Bitcoin analytics firm CryptoQuant – paying attention to short-term miner behavior may be necessary for “wise investment.” The Meaning Of Miner Deposits
Dump Incoming? Miners Offload BTC To Exchanges Read More »
Bitcoin (BTC) miners in 2023 have collected a daily average of $2 million in transaction fee revenue, according to data from Coinmetrics. The value reportedly showcases a 400% increase compared to last year’s averages. Bitcoin Miners Revenue Increases Year Over Year According to a Dec. 23 post on X (formerly Twitter) made by Jameson Lopp,
Bitcoin Miners Transaction Revenue Clocks 400% YoY Surge in 2023 Read More »
The Bitcoin (BTC) mining community achieved an annual all-time high (ATH) on November 12, amassing $44 million in combined block rewards and transaction fees. This milestone, the highest for the year, marks a resurgence for Bitcoin miners who weathered a challenging period between April 2022 and November 2023. 2023 Marks a Turnaround for Bitcoin Miners
Bitcoin Miners Reach Annual High Revenue of $44 Million Read More »
