Bitcoin Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows
September’s counter-seasonal price trend has already started to show signs of this divergence trend helping BTC.
Financial
Miners
Financial
Mining New Bitcoin Is More Difficult Than Ever. Here’s How it Could Impact BTC Prices
The next difficulty adjustment is expected to decrease mining difficulty, potentially relieving some pressure on miners.
Financial
Bitcoin Miner Capitulation and Record High Hashrate Points to Possible Price Bottom: CryptoQuant
Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months.
Financial
Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.
Financial
As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool
Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.
Financial
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
Financial
Bitcoin Whales Sold Over $1B BTC in Past Two Weeks: CryptoQuant
The selling coincides with net outflows from U.S.-listed bitcoin ETFs in the same period, veri shows.
Financial
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
Hashrate for the Bitcoin network typically flattens or declines during North American summer time, industry experts say.
Financial
Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High
Among those selling, Marathon Digital offloaded 1,400 BTC worth nearly $100 million since the start of the month.
Financial
Bitcoin Mining Stocks Soar Amid Takeover Frenzy
The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts.