Mining News

Amidst regulatory changes and growing institutional involvement, Bitcoin’s market sees a bullish momentum with record-high holder confidence and optimistic future projections for 2024.

In a series of transformative advancements, Ethereum deploys ERC-4337 for account abstraction and plans major staking mechanism redesign, as articulated by co-founder Vitalik Buterin, marking a significant shift towards improved security and decentralization.

This analysis offers an unbiased look at the potential for a Bitcoin supercycle, weighing factors like halving events, market adoption, and global economic shifts.

Bitcoin’s network demonstrates resilience with a sustained hashrate of 468 EH/s, while miners prepare for a projected 3% increase in difficulty, marking a significant phase in the cryptocurrency’s evolution.

In the cryptocurrency world where innovation and community engagement are key, MELB emerges as a shining example.

The European Banking Authority unveils draft guidelines for stablecoin issuers, focusing on liquidity, capital, and risk management in alignment with the upcoming MiCA regulation.

Riot Platforms sets a new company record with 10.9 EH/s hash rate capacity, culminating in the production of 1,106 Bitcoins and revenue reaching $51.9 million in Q3 2023.

In a remarkable shift of market dynamics, the premium on Ethereum futures has reached parity with that of Bitcoin futures on the Chicago Mercantile Exchange (CME), a development not seen since August.

The MicroStrategy executive chairman recently made headlines with his bold claim that Bitcoin (BTC) could experience a tenfold increase in value.

The ongoing saga surrounding the Celsius Network LLC’s bankruptcy has taken another turn. The New York judge presiding over the case has called on the US Securities and Exchange Commission (SEC) to expedite its decision-making process regarding the cryptocurrency lender’s proposal.

The combined notional open interest in bitcoin and ether options listed on Deribit has reached an astounding $20 billion.

Dubai awaits the global crypto community for the 12th edition of the legendary Blockchain Life Forum, which takes place on April 15-16.

The cryptocurrency market has always been known for its volatility, and Bitcoin, the leading digital currency, is no exception. Recent data indicates a significant shift in Bitcoin’s daily transaction patterns.

The Bitcoin (BTC) mining sector is at a pivotal juncture, according to a recent research report by JPMorgan.

The Bank of Canada recently conducted a comprehensive study examining the potential role of a Central Bank Digital Currency (CBDC) in enhancing financial inclusion, digital inclusion, and overall accessibility.

Berkshire Hathaway’s Vice Chairman, Charlie Munger, has once again expressed his skepticism towards the world of cryptocurrencies, warning that most investments in this sector will ultimately become worthless.

In a recent revelation, Texas has emerged as the dominant force in the Bitcoin mining sector, boasting a staggering 28.5% of the total US hashrate as of July 2023.

Fresh off a pivotal win in court, Grayscale Investments LLC is gearing up for another challenge: the relentless fee competition in the $7.5 trillion US exchange-traded industry.

Ether, the native cryptocurrency of the Ethereum blockchain, is currently trading at a significant 27% discount to its perceived fair value.

The Cryptocurrency Mining Hardware Market is poised for substantial growth, with an anticipated increase of USD 9.21 billion between 2021 and 2026, according to a report by Technavio. This growth is primarily driven by the profitability of cryptocurrency mining ventures.

The Texas power grid, known as ERCOT (Electric Reliability Council of Texas), has been facing challenges with fluctuating energy prices and inconsistent service. However, the state’s burgeoning bitcoin mining community believes they have a solution, and Senator Ted Cruz is in agreement.

According to CoinGecko, the average electricity bill for a household that mines 1 BTC is $46,291.24, which is 35% higher than the average daily electricity price of 1 BTC of $30,090.08 in July 2023.

According to a recent report by MadeEasy – Finance, Bitcoin miners around the world are currently facing a critical moment.

Crypto stocks have outperformed most major cryptocurrencies this year. Major bitcoin miner Core Scientific (CORZ ) rose 1,140% to $0.87 per share.

Solana probably won’t die, but it won’t live the way it used to.

According to a report published by K33 Research, the cryptocurrency industry has nearly 190,000 employees as of July 2023.

The next Bitcoin (BTC) halving will take place in April 2024 and could push miners profits into the red.

Bitcoin experienced an unexpected surge in selling pressure following the release of the Federal Open Market Committee (FOMC) minutes.