#BitcoinHalving Countdown
The Next #Bitcoin halving, anticipated to occur in April 2024 at block number 840,000, will reduce the #mining reward by half.
This event will decrease the reward for mining a new #block on the Bitcoin network from the current 6.25 BTC to 3.125 #BTC.
The Next #Bitcoin halving, anticipated to occur in April 2024 at block number 840,000, will reduce the #mining reward by half.
This event will decrease the reward for mining a new #block on the Bitcoin network from the current 6.25 BTC to 3.125 #BTC.
Did you know that Bitcoin miners average daily income from transaction fees soared in 2023?
Discover How Miners Are Getting Ready for the April 2024 Bitcoin Halving and Uncover the Key Strategies They're Adopting👇
#Miners #mining #Cryptocurrency #Bitcoin #Halving #Investing
https://coinpedia.org/research-report/crypto-mining-report-2023-analyzing-the-impact-of-miners-actions-on-bitcoin-and-market-prices/
Discover How Miners Are Getting Ready for the April 2024 Bitcoin Halving and Uncover the Key Strategies They're Adopting👇
#Miners #mining #Cryptocurrency #Bitcoin #Halving #Investing
https://coinpedia.org/research-report/crypto-mining-report-2023-analyzing-the-impact-of-miners-actions-on-bitcoin-and-market-prices/
Coinpedia Fintech News
Crypto Mining Report 2023 : Analyzing The Impact Of Miners' Actions On Bitcoin And Market Prices
In 2023, the crypto mining witnessed crucial regulations, macro shifts, and robust strategies for the anticipated 2024 Bitcoin halving. This report
#Tether boosts reserves with one billion USDT for strategic inventory replenishment in dynamic cryptocurrency landscape.
CEO Paolo Ardoino shifts Tether to #Bitcoin #mining, investing in companies, emphasizing environmental consciousness and transparency.
https://coinpedia.org/news/tethers-bold-leap-1-billion-usdt-minted-for-future-crypto-demands/
CEO Paolo Ardoino shifts Tether to #Bitcoin #mining, investing in companies, emphasizing environmental consciousness and transparency.
https://coinpedia.org/news/tethers-bold-leap-1-billion-usdt-minted-for-future-crypto-demands/
Coinpedia Fintech News
Tether's Bold Leap: $1 Billion USDT Minted for Future Crypto Demands
To strengthen its financial reserves, Tether, the entity responsible for the world's largest stablecoin USDT, has recently affirmed the creation of an
Top #CryptoNews In Last 12 Hours
1️⃣#Fed's Christopher Waller says #cryptocurrencies are growing quickly and might challenge dollar dominance, but it's unlikely due to the popularity of U.S. dollar #stablecoins.
2️⃣Joe Burnett, a manager at a #Bitcoin financial company, suggests #Binance MicroStrategy should join S&P 500, needing $3.7B more market cap; could boost Bitcoin exposure in portfolios.
3️⃣Galaxy Digital's research indicates #Bitcoinhalving in April could cause 20% #mining power shutdown due to the reduced block rewards, impacting profits.
4️⃣#Uniswap Foundation plans to launch Uniswap v4 in Q3 2024 after #Ethereum's #Dencun upgrade in March 2024.
5️⃣Mad Lads' Backpack Exchange hit $300M trading in 24 hours, propelled by exchange popularity and #Solana #blockchain potential.
6️⃣#VeChain's price surged 35% in 24 hours,leading among top #cryptocurrencies, Positive sentiment, AA implementation, MWC 2024 event fuel momentum. Analysts predict further growth.
1️⃣#Fed's Christopher Waller says #cryptocurrencies are growing quickly and might challenge dollar dominance, but it's unlikely due to the popularity of U.S. dollar #stablecoins.
2️⃣Joe Burnett, a manager at a #Bitcoin financial company, suggests #Binance MicroStrategy should join S&P 500, needing $3.7B more market cap; could boost Bitcoin exposure in portfolios.
3️⃣Galaxy Digital's research indicates #Bitcoinhalving in April could cause 20% #mining power shutdown due to the reduced block rewards, impacting profits.
4️⃣#Uniswap Foundation plans to launch Uniswap v4 in Q3 2024 after #Ethereum's #Dencun upgrade in March 2024.
5️⃣Mad Lads' Backpack Exchange hit $300M trading in 24 hours, propelled by exchange popularity and #Solana #blockchain potential.
6️⃣#VeChain's price surged 35% in 24 hours,leading among top #cryptocurrencies, Positive sentiment, AA implementation, MWC 2024 event fuel momentum. Analysts predict further growth.
Top #CryptoNews In Last 12 Hours
1️⃣ #Worldcoin's $WLD token surged193.24%% in last 7 days, hitting 1M users, despite privacy and #regulatory controversies.
2️⃣ Virginia proposes $39,240 yearly for #AI and #cryptocurrency commissions, with $22,048 for AI and $17,192 for crypto.
promotes crypto #mining legislation with tax benefits.
3️⃣ South Korean ruling party proposes delaying #cryptotax for two years, citing need for regulatory framework.
4️⃣ Cryptocurrency exchange Backpack partners with Banxa, achieves $1 billion daily trading volume, leading SOL/USD #trading.
5️⃣ Japan approves proposal for venture capital firms to invest directly in #crypto projects, pending parliamentary amendment in 2024.
6️⃣ Vitalik Buterin suggests AI for #Ethereum bug fixing, ETH price hits $2900 ahead of Dencun upgrade.
1️⃣ #Worldcoin's $WLD token surged193.24%% in last 7 days, hitting 1M users, despite privacy and #regulatory controversies.
2️⃣ Virginia proposes $39,240 yearly for #AI and #cryptocurrency commissions, with $22,048 for AI and $17,192 for crypto.
promotes crypto #mining legislation with tax benefits.
3️⃣ South Korean ruling party proposes delaying #cryptotax for two years, citing need for regulatory framework.
4️⃣ Cryptocurrency exchange Backpack partners with Banxa, achieves $1 billion daily trading volume, leading SOL/USD #trading.
5️⃣ Japan approves proposal for venture capital firms to invest directly in #crypto projects, pending parliamentary amendment in 2024.
6️⃣ Vitalik Buterin suggests AI for #Ethereum bug fixing, ETH price hits $2900 ahead of Dencun upgrade.
📉 Stocks of Bitcoin Mining Firms Take A Major Hit Before Halving Event! 💥
Will the upcoming halving event spell trouble or opportunity for the mining sector?
#Bitcoin #Mining #bitcoinhalving
https://coinpedia.org/news/bitcoin-miner-stocks-plummet-marathon-riot-cleanspark-take-a-hit/
Will the upcoming halving event spell trouble or opportunity for the mining sector?
#Bitcoin #Mining #bitcoinhalving
https://coinpedia.org/news/bitcoin-miner-stocks-plummet-marathon-riot-cleanspark-take-a-hit/
CoinPedia
Bitcoin Miner Stocks Plummet Pre-Halving, But Industry Eyes Long-Term
With the highly anticipated Bitcoin halving drawing near, the mining industry is experiencing a rocky ride, seeing a sharp drop in stock prices despite
Discover why a massive #Bitcoin supply shock could be imminent following the latest #halving event on April 19.
Learn how to reduce #mining rewards and increase institutional demand.
https://coinpedia.org/news/top-reasons-why-massive-bitcoin-supply-shock-is-on-the-way/
Learn how to reduce #mining rewards and increase institutional demand.
https://coinpedia.org/news/top-reasons-why-massive-bitcoin-supply-shock-is-on-the-way/
CoinPedia
Top Reasons Why Massive Bitcoin Supply Shock is On The Way
As the Bitcoin network successfully passed its fourth halving on April 19, analysts and enthusiasts have been keenly observing the potential for a
#El Salvador pioneers eco-friendly #Bitcoin #mining, leveraging geothermal energy from Tecapa volcano since 2021.
President Bukele leads installation of 300 processors, mining 473.5 Bitcoins, reducing environmental impact significantly. #CryptoNews
https://coinpedia.org/news/el-salvador-mines-474-bitcoins-using-volcanic-geothermal-energy/
President Bukele leads installation of 300 processors, mining 473.5 Bitcoins, reducing environmental impact significantly. #CryptoNews
https://coinpedia.org/news/el-salvador-mines-474-bitcoins-using-volcanic-geothermal-energy/
CoinPedia
Crypto Goes Green! El Salvador Mines 474 Bitcoins Using Volcanic Geothermal Energy
El Salvador is making waves in the world of Bitcoin by pioneering a groundbreaking approach to mining, powered by renewable energy from the Tecapa
Top #CryptoNews in Past 12 Hours
1️⃣ On July 24, #EthereumETFs saw $133 million in net outflows, with Grayscale ETFs losing $327 million.
2️⃣ On July 24, #Bitcoin spot ETFs gained $44.5094 million, with Grayscale losing $26.2153 million and BlackRock gaining $65.9946 million.
3️⃣A Bitcoin #mining device, 500 Gh/s, mined a block on July 24, beating 1 in 1.1 billion odds. The device, called a “Bitaxe,” and produced by D-Central
4️⃣Today, the Core Foundation adopted a Dual Staking model, securing $165M in dapp TVL with 55% Bitcoin hash power.
5️⃣Anthony Scaramucci reported that Harris, in a potential administration, was open to crypto and would handle it more gently.
6️⃣ FOX Business reported that Senator Cynthia Lummis announced BTC reserve legislation at the Bitcoin Conference to stabilize the dollar.
7️⃣HSBC Australia announced on July 24, 2024, it would block payments to #cryptoexchanges from bank accounts and credit cards.
1️⃣ On July 24, #EthereumETFs saw $133 million in net outflows, with Grayscale ETFs losing $327 million.
2️⃣ On July 24, #Bitcoin spot ETFs gained $44.5094 million, with Grayscale losing $26.2153 million and BlackRock gaining $65.9946 million.
3️⃣A Bitcoin #mining device, 500 Gh/s, mined a block on July 24, beating 1 in 1.1 billion odds. The device, called a “Bitaxe,” and produced by D-Central
4️⃣Today, the Core Foundation adopted a Dual Staking model, securing $165M in dapp TVL with 55% Bitcoin hash power.
5️⃣Anthony Scaramucci reported that Harris, in a potential administration, was open to crypto and would handle it more gently.
6️⃣ FOX Business reported that Senator Cynthia Lummis announced BTC reserve legislation at the Bitcoin Conference to stabilize the dollar.
7️⃣HSBC Australia announced on July 24, 2024, it would block payments to #cryptoexchanges from bank accounts and credit cards.
🚨 August was the toughest month for #Bitcoin miners in 2024!
Miner revenue hit $827.56M, a 10.5% drop from July’s $927.35M, but up 5% from last year.
This drop follows a surge in mining difficulty and decreased transaction volumes after April’s halving reduced block rewards by 50%. ⛏🔍
#Bitcoinhalving #Crypto #Mining #CryptoNews #Coinpedia
Miner revenue hit $827.56M, a 10.5% drop from July’s $927.35M, but up 5% from last year.
This drop follows a surge in mining difficulty and decreased transaction volumes after April’s halving reduced block rewards by 50%. ⛏🔍
#Bitcoinhalving #Crypto #Mining #CryptoNews #Coinpedia
🔍 #Bitcoin Hashrate Insights!
Data from Cryptoquant reveals that China controls 54.86% of the global hashrate, while U.S. pools hold 39.58%.
🔵Czech Republic: 2.09%
🔵Japan: 0.94%
🔵Others: 2.51%
The battle for dominance between Chinese and U.S. mining pools is heating up! As institutional miners rise, expect big changes in Bitcoin’s network dynamics. 🌍💥
#Bitcoin #Hashrate #CryptoQuant #Mining
Data from Cryptoquant reveals that China controls 54.86% of the global hashrate, while U.S. pools hold 39.58%.
🔵Czech Republic: 2.09%
🔵Japan: 0.94%
🔵Others: 2.51%
The battle for dominance between Chinese and U.S. mining pools is heating up! As institutional miners rise, expect big changes in Bitcoin’s network dynamics. 🌍💥
#Bitcoin #Hashrate #CryptoQuant #Mining