Unique addresses on the $BNB Chain crossed 230 million, surpassing #Ethereum and becoming the largest layer 1 #blockchain in the world.
The network also witnessed record breaking highs in transactional volume, reaching 9.8 million transactions in May.
The network also witnessed record breaking highs in transactional volume, reaching 9.8 million transactions in May.
Bitcoin ASIC miner prices hovering at lows not seen in years
ASIC miners’ price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace.
Bitcoin ASIC miners — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another sign of a deepened crypto bear market.
According to the latest data from Hashrate Index, the most efficient ASIC miners, those generating at least one terahash per 38 joules of energy, have seen their prices fall 86.82% from May. 7, 2021 peak of $119.25 per terahash down to $15.71 as of Dec. 25.
Miners in these category include Bitmain’s Antminer S19 and MicroBTC’s Whatsminer M30s.
The same statement holds true for the mid-tier machines, with prices now averaging out at $10.23 after falling a massive 89.36% from its peak price of $96.24 on May. 7, 2021.
However, the least efficient machines, ones that require more than 68 Joules per terahash, are now priced at $4.72, a 91% drop from their peak price of $52.85. The last time it was priced near this was around Nov. 5, 2020.
The fall in prices has largely been attributed to large Bitcoin mining companies that have struggled to remain profitable throughout the bear market, with many either filing for Chapter 11 bankruptcy, taking on debt or selling their BTC holdings and equipment in order to stay afloat.
Among the firms to have done that include Core Scientific, Marathon Digital, Riot Blockchain, Bitfarms and Argo Blockchain.
But the steep price fall has been met with some keen buyers. Among those include many Russian-based mining facilities like BitRiver, which are able to capitalize on relatively low electricity costs, with some up-to-date hardware capable of mining 1 BTC at about $0.07 per kilowatt-hour in the energy-rich nation.
While it’s hard to predict what price direction ASIC miners will head toward next, Nico Smid of Digital Mining Solutions pointed out in a Dec. 21 tweet that ASIC miner prices bottomed at Bitcoin’s last halving cycle in May. 11, 2020 and moved up aggressively shortly after — something which could play out in Bitcoin’s next halving cycle which is expected to take place on April 20, 2024.
ASIC miners’ price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace.
Bitcoin ASIC miners — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another sign of a deepened crypto bear market.
According to the latest data from Hashrate Index, the most efficient ASIC miners, those generating at least one terahash per 38 joules of energy, have seen their prices fall 86.82% from May. 7, 2021 peak of $119.25 per terahash down to $15.71 as of Dec. 25.
Miners in these category include Bitmain’s Antminer S19 and MicroBTC’s Whatsminer M30s.
The same statement holds true for the mid-tier machines, with prices now averaging out at $10.23 after falling a massive 89.36% from its peak price of $96.24 on May. 7, 2021.
However, the least efficient machines, ones that require more than 68 Joules per terahash, are now priced at $4.72, a 91% drop from their peak price of $52.85. The last time it was priced near this was around Nov. 5, 2020.
The fall in prices has largely been attributed to large Bitcoin mining companies that have struggled to remain profitable throughout the bear market, with many either filing for Chapter 11 bankruptcy, taking on debt or selling their BTC holdings and equipment in order to stay afloat.
Among the firms to have done that include Core Scientific, Marathon Digital, Riot Blockchain, Bitfarms and Argo Blockchain.
But the steep price fall has been met with some keen buyers. Among those include many Russian-based mining facilities like BitRiver, which are able to capitalize on relatively low electricity costs, with some up-to-date hardware capable of mining 1 BTC at about $0.07 per kilowatt-hour in the energy-rich nation.
While it’s hard to predict what price direction ASIC miners will head toward next, Nico Smid of Digital Mining Solutions pointed out in a Dec. 21 tweet that ASIC miner prices bottomed at Bitcoin’s last halving cycle in May. 11, 2020 and moved up aggressively shortly after — something which could play out in Bitcoin’s next halving cycle which is expected to take place on April 20, 2024.
Join the mining bug bounty from BiXBiT and win $250 or an ASIC
BiXBiT is one of the leaders in custom mining firmware, immersion cooling, and sustainable mining tech. It's just launched an automatic monitoring system that shows you the current status of all your ASICs and notifies you of any important events.
The bug bounty is for this automated monitoring system. BiXBiT will reward you for testing it and submitting a detailed review.
And of course, this is an opportunity to try one of the best brands of custom ASIC firmware with reduced dev fees.
Rewards & benefits
✅Up to $250 for users at the top of the leaderboard (yes, there is even a leaderboard)
✅A chance to win an ASIC from a major brand
✅Use the custom firmware with lower dev fees and improve your hashrate by 20-40%
✅Extra rewards in the referral program (inviting friends to the bug bounty)
Just 3 simple steps:
-Register at here
-Install a firmware.
-Test the monitoring system and write a detailed review.
👉MAIN INFO IS RIGHT HERE👈
BiXBiT is one of the leaders in custom mining firmware, immersion cooling, and sustainable mining tech. It's just launched an automatic monitoring system that shows you the current status of all your ASICs and notifies you of any important events.
The bug bounty is for this automated monitoring system. BiXBiT will reward you for testing it and submitting a detailed review.
And of course, this is an opportunity to try one of the best brands of custom ASIC firmware with reduced dev fees.
Rewards & benefits
✅Up to $250 for users at the top of the leaderboard (yes, there is even a leaderboard)
✅A chance to win an ASIC from a major brand
✅Use the custom firmware with lower dev fees and improve your hashrate by 20-40%
✅Extra rewards in the referral program (inviting friends to the bug bounty)
Just 3 simple steps:
-Register at here
-Install a firmware.
-Test the monitoring system and write a detailed review.
👉MAIN INFO IS RIGHT HERE👈
bixbit.io
Bug Bounty BiXBiT Dev
Help create a better, safer mining ecosystem. We are making miners’ life easier and more profitable. Join us and win cash prizes or a branded BiXBiT ASIC.
Bank of Thailand has disclosed plans to allow virtual banks to operate in the country for the first time. Financial firms will be able to provide services by 2025.
The U.S. Securities and Exchange Commission (SEC) has officially charged Sam Bankman-Fried with defrauding FTX investors.
A report from the SEC has stated the former CEO is being charged with “defrauding investors in crypto asset trading platform FTX.”
The news has arrived today, following previously filed charges against the co-founder of FTX in December of 2022. Conversely, today’s charges issued noted Bankman-Fried, “concealed his diversion of FTX customer funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors.”
A report from the SEC has stated the former CEO is being charged with “defrauding investors in crypto asset trading platform FTX.”
The news has arrived today, following previously filed charges against the co-founder of FTX in December of 2022. Conversely, today’s charges issued noted Bankman-Fried, “concealed his diversion of FTX customer funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors.”
Register now and you will receive 5% commission on every trade across Binance Spot, Futures and Pool.
https://accounts.binance.me/en/register?ref=RKIHGEQF
Mining pinned «Register now and you will receive 5% commission on every trade across Binance Spot, Futures and Pool. https://accounts.binance.me/en/register?ref=RKIHGEQF»
StarAntminer $900 Reference Section
Star Antminer is a cloud mining program where you can turn your low investment into big profits while your investments are guaranteed by coinpayments.
There are 3 tiers depending on the members you refer on the site.
•1st tier: refer 10 members and claim up to $100
•2nd tier: refer 20 members and claim up to $200
•3rd tier: refer 30 members and claim up to $300.
You have to complete the previous tier in order promote tier and be eligible for the next tier’s rewards.
Complete all 3 tiers for a total of $900
Website: Starantminer.com
Telegram: Starantminer
#sponsored
Star Antminer is a cloud mining program where you can turn your low investment into big profits while your investments are guaranteed by coinpayments.
There are 3 tiers depending on the members you refer on the site.
•1st tier: refer 10 members and claim up to $100
•2nd tier: refer 20 members and claim up to $200
•3rd tier: refer 30 members and claim up to $300.
You have to complete the previous tier in order promote tier and be eligible for the next tier’s rewards.
Complete all 3 tiers for a total of $900
Website: Starantminer.com
Telegram: Starantminer
#sponsored
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from investors by creating an “interconnected suite of crypto-asset securities,” many of which were involved in unregistered transactions.