Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan
The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.
Financial
Miners
Financial
Bitcoin Fee Crash Could Lead to Faster Miner Selling, Analysts Say
Bitcoin’s mean transaction fee has reversed the post-halving Runes-led spike, squeezing miners’ revenue.
Financial
Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein
Lower cost miners have increased market share since the bitcoin halving, the report said.
Financial
Bitcoin Below $60K Could Trigger ‘Panic’ Selling, Crypto Analyst Says
One trader said recent declines are likely related to miners’ asset sell-offs and fears of tighter regulation of cryptocurrencies.