Analysts predict that increasing regulatory pressure, energy costs and tax burden, in countries such as the U.S. and Kazakhstan could lead to a new migration of crypto miners to Russia. The analysts suggest that Russia has the potential to increase its share of...
On-chain data on May 7 shows that the profitability of bitcoin (BTC) miners is on the rise. Bitcoin miner profitability rises 2X BitInfoCharts reveals that for every TH/s of hash rate, which is the computing power funneled to the Bitcoin network, a miner earns $0.0988...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain data shows that bitcoin miners’ BTC reserves have dropped significantly in the past four days, with miners selling over 2,000 BTC worth $58 million. According to CryptoQuant on-chain...
Bitcoin (BTC) miners are witnessing a significant decline in revenue generated from transaction fees amid the asset’s drop from the highly-coveted $30,000 price point. This metric suggests that market participants are paying fewer transaction fees on the bitcoin network. The percentage of miners’...
In a recent press statement, Bitdeer Technologies and Blue Safari announced the SEC’s successful approval of their business combination proposal. SEC declares effective the registration statement Bitdeer Technologies and Blue Safari corp recently announced their success with SEC. According to a press statement...