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🔥 MINER MASSACRE: Hash Rate Plummets After Halving Shock
The first major difficulty adjustment post-Halving has just finished, and the market is seeing the fallout. We are now witnessing a significant exodus of high-cost Bitcoin miners, threatening network stability and profitability for the remaining players.
The Numbers Don't Lie:
The Drop: Preliminary data suggests the total Bitcoin hash rate dropped by an estimated 15-20% from its recent all-time high.
The Cause: The halving reduced block rewards to 3.125 BTC, forcing less-efficient miners (J/TH) out of business.
The Tickers: Watch public miners like $MARA, $RIOT, and $CORZ as their profit margins are compressed until $BTC price fully compensates.
Key Takeaway: The Halving's true test is not the immediate price, but the survival of the mining industry. This reset validates the scarcity design of Bitcoin, but volatility for miner stocks will intensify.
$BTC
#BitcoinHalving #Mining #BTC #CryptoNews
The first major difficulty adjustment post-Halving has just finished, and the market is seeing the fallout. We are now witnessing a significant exodus of high-cost Bitcoin miners, threatening network stability and profitability for the remaining players.
The Numbers Don't Lie:
The Drop: Preliminary data suggests the total Bitcoin hash rate dropped by an estimated 15-20% from its recent all-time high.
The Cause: The halving reduced block rewards to 3.125 BTC, forcing less-efficient miners (J/TH) out of business.
The Tickers: Watch public miners like $MARA, $RIOT, and $CORZ as their profit margins are compressed until $BTC price fully compensates.
Key Takeaway: The Halving's true test is not the immediate price, but the survival of the mining industry. This reset validates the scarcity design of Bitcoin, but volatility for miner stocks will intensify.
$BTC
#BitcoinHalving #Mining #BTC #CryptoNews
🔥 BITCOIN HEATS AN ENTIRE TOWN IN FINLAND 🇫🇮
In 2024, Marathon Digital launched a 2 MW Bitcoin mining facility in Satakunta and it’s doing more than mining blocks.
♨️ The heat from its rigs now warms a town of 11,000 residents, proving that Bitcoin mining doesn’t waste energy it reuses it.
A glimpse into the future where crypto fuels both finance and sustainability. ⚡️
#Bitcoin #CryptoNews #Mining #TrumpTariffs #MarketPullback
In 2024, Marathon Digital launched a 2 MW Bitcoin mining facility in Satakunta and it’s doing more than mining blocks.
♨️ The heat from its rigs now warms a town of 11,000 residents, proving that Bitcoin mining doesn’t waste energy it reuses it.
A glimpse into the future where crypto fuels both finance and sustainability. ⚡️
#Bitcoin #CryptoNews #Mining #TrumpTariffs #MarketPullback
🚨 THE WEST JUST GOT CHECKMATED 🌍⚠️
China’s Ministry of Commerce didn’t give a speech. It dropped a bomb.
Not at the UN. Not at the G7.
In silence—Beijing just rewrote the rulebook of global trade. 🀄️
🇨🇳 Enter the 0.1% Rule:
If your product contains even a speck of Chinese rare earths, graphite, or tech—
👉 Beijing’s new export control owns it.
Doesn’t matter if it’s stamped “Made in USA” or “EU Certified.”
This law sticks to the supply chain like a shadow. Just like U.S. sanctions—but reversed.
🎯 The Impact? Brutal:
🪫 EVs will stall.
🧠 Chips and batteries starved.
🛡️ Defense tech crippled.
🪙 Even crypto mining rigs are exposed (ASICs & GPUs depend on Chinese minerals).
📅 Reuters confirmed: Core bans live NOW, full lockdown by Dec 1.
China’s official line: “National security.”
Translation: Checkmate.
💬 As one analyst said: “China’s got the planet in a chokehold. The storm’s here.”
Trump played with tariffs. Xi just redrew the entire map.
🌐 The supply chain throne shifted East.
No missiles. No sirens. Just the quiet creak of power moving.
The global rulebook is no longer English-only… it’s Mandarin too. 🐉
🪙 Crypto Angle:
Your rigs, farms, and nodes? One Beijing decree away from blackout.
The West’s “edge” on mining? Gone.
Time to hedge hard, stack sats, and prepare for volatility.
📌 Mark it down: October 9, 2025.
The day the wheel slipped. China took the driver’s seat.
#BTC #ETH #CryptoAlert #China #Geopolitics#Mining #TrumpTariffs fs XRP CryptoWisdom SmartMoneyMo #BinanceSquare #Bitcoin #BreakingNews 🧨
Not at the UN. Not at the G7.
In silence—Beijing just rewrote the rulebook of global trade. 🀄️
🇨🇳 Enter the 0.1% Rule:
If your product contains even a speck of Chinese rare earths, graphite, or tech—
👉 Beijing’s new export control owns it.
Doesn’t matter if it’s stamped “Made in USA” or “EU Certified.”
This law sticks to the supply chain like a shadow. Just like U.S. sanctions—but reversed.
🎯 The Impact? Brutal:
🪫 EVs will stall.
🧠 Chips and batteries starved.
🛡️ Defense tech crippled.
🪙 Even crypto mining rigs are exposed (ASICs & GPUs depend on Chinese minerals).
📅 Reuters confirmed: Core bans live NOW, full lockdown by Dec 1.
China’s official line: “National security.”
Translation: Checkmate.
💬 As one analyst said: “China’s got the planet in a chokehold. The storm’s here.”
Trump played with tariffs. Xi just redrew the entire map.
🌐 The supply chain throne shifted East.
No missiles. No sirens. Just the quiet creak of power moving.
The global rulebook is no longer English-only… it’s Mandarin too. 🐉
🪙 Crypto Angle:
Your rigs, farms, and nodes? One Beijing decree away from blackout.
The West’s “edge” on mining? Gone.
Time to hedge hard, stack sats, and prepare for volatility.
📌 Mark it down: October 9, 2025.
The day the wheel slipped. China took the driver’s seat.
#BTC #ETH #CryptoAlert #China #Geopolitics#Mining #TrumpTariffs fs XRP CryptoWisdom SmartMoneyMo #BinanceSquare #Bitcoin #BreakingNews 🧨
🚨 Crypto Alert: Trump threatens 100% tariffs on Chinese goods after Beijing restricts rare earth minerals – key for chips, batteries, and tech hardware.
⚡ Implications for crypto & blockchain:
★ Mining hardware supply may be affected ⛏️
★ Chip shortages could ripple to DeFi & tech tokens 💻
★ Volatility likely in Bitcoin & altcoins 📈📉
👉 Stay informed, trade wisely!
#CryptoNews #Bitcoin #Altcoins #TradeWar #USChina #Mining $BTC $ETH $BNB
⚡ Implications for crypto & blockchain:
★ Mining hardware supply may be affected ⛏️
★ Chip shortages could ripple to DeFi & tech tokens 💻
★ Volatility likely in Bitcoin & altcoins 📈📉
👉 Stay informed, trade wisely!
#CryptoNews #Bitcoin #Altcoins #TradeWar #USChina #Mining $BTC $ETH $BNB
$ZEN IS AWAKENING! 🤯 MASSIVE +18.22% PUMP!
SPOT SIGNAL: $ZEN /USDC
ACTION: BUY THE DIP! 🟢
ENTRY ZONE:$14.00 - $14.50
TARGETS:
🎯$15.15 (SAR Break)
🎯$16.50
🎯$17.50+ 🚀 (24h High Retest)
**STOP LOSS:**$13.20 ❌
POW coin exploding with huge volume! One of the top gainers today. This rally has strong legs – don't miss the next push! 📈
#ZEN #POW #Mining #Altcoin #tothemoon
SPOT SIGNAL: $ZEN /USDC
ACTION: BUY THE DIP! 🟢
ENTRY ZONE:$14.00 - $14.50
TARGETS:
🎯$15.15 (SAR Break)
🎯$16.50
🎯$17.50+ 🚀 (24h High Retest)
**STOP LOSS:**$13.20 ❌
POW coin exploding with huge volume! One of the top gainers today. This rally has strong legs – don't miss the next push! 📈
#ZEN #POW #Mining #Altcoin #tothemoon
Bitcoin Mining Enters Reset Cycle After Record Difficulty Surge
After months of relentless growth, Bitcoin’s mining sector is finally showing signs of cooling. Over the past two weeks, the network’s hashrate has dropped by nearly 100 exahashes per second (EH/s) — a sharp pullback from its all-time high and an indicator that miners worldwide are beginning to recalibrate.
Two weeks ago, Bitcoin’s hashrate peaked at a historic 1,109 EH/s, marking the highest computational output in the network’s history. Since then, the figure has slipped to around 1,011 EH/s, mirroring a slowdown in profitability as mining revenue per petahash (PH/s) has fallen by roughly $2 month-over-month. For many miners, thinner margins and mounting competition have turned efficiency into a matter of survival.
The root of this contraction lies in Bitcoin’s record difficulty level of 150.84 trillion, following seven consecutive upward adjustments — a stretch that has squeezed operator margins across the board. The next difficulty adjustment, expected around October 10, is forecast to bring a 7.57% reduction, offering short-term relief and signaling a broader rebalancing of the mining ecosystem.
Recent price gains have provided a temporary lift. With Bitcoin briefly touching new highs earlier this week, the hashprice — the estimated value of one PH/s — climbed to nearly $53 before easing to $51.20 at press time.
Analysts note that such corrections are part of Bitcoin’s natural rhythm: high difficulty and profit compression often force weaker players to exit, leaving the network leaner and stronger. The coming weeks will test how miners adapt — balancing energy costs, capital efficiency, and hash distribution — as the network settles into its next equilibrium.
If history holds, this reset could be less a retreat than a recalibration — a pause before the next wave of innovation and expansion in Bitcoin’s ever-evolving mining economy.
#Binance #wendy #bitcoin #mining $BTC
Two weeks ago, Bitcoin’s hashrate peaked at a historic 1,109 EH/s, marking the highest computational output in the network’s history. Since then, the figure has slipped to around 1,011 EH/s, mirroring a slowdown in profitability as mining revenue per petahash (PH/s) has fallen by roughly $2 month-over-month. For many miners, thinner margins and mounting competition have turned efficiency into a matter of survival.
The root of this contraction lies in Bitcoin’s record difficulty level of 150.84 trillion, following seven consecutive upward adjustments — a stretch that has squeezed operator margins across the board. The next difficulty adjustment, expected around October 10, is forecast to bring a 7.57% reduction, offering short-term relief and signaling a broader rebalancing of the mining ecosystem.
Recent price gains have provided a temporary lift. With Bitcoin briefly touching new highs earlier this week, the hashprice — the estimated value of one PH/s — climbed to nearly $53 before easing to $51.20 at press time.
Analysts note that such corrections are part of Bitcoin’s natural rhythm: high difficulty and profit compression often force weaker players to exit, leaving the network leaner and stronger. The coming weeks will test how miners adapt — balancing energy costs, capital efficiency, and hash distribution — as the network settles into its next equilibrium.
If history holds, this reset could be less a retreat than a recalibration — a pause before the next wave of innovation and expansion in Bitcoin’s ever-evolving mining economy.
#Binance #wendy #bitcoin #mining $BTC
Bitcoin Miners Are Now AI Infrastructure Players — Here’s Why That Matters
#bitcoin miners are no longer just digging blocks — they’re laying the foundation for tomorrow’s AI power.
🔍 The shift
Top #Mining companies like Iren, Bitfarms, CleanSpark, TeraWulf bolstered their stock prices this week after a Bernstein report spotlighted their emerging role in AI infrastructure. Investors These firms already control over 14 GW of grid-connected power in regions flush with surplus renewables — perfect for hosting AI workloads. Investors
🚄 Why it's a big deal
They can deploy AI data centers much faster — up to 75% quicker than competitors starting from scratch. InvestorsThe move blurs the line between mining + compute — mining companies become hybrid crypto/AI infrastructure providers.Institutions are watching: Bernstein pegged Iren as a top pick, signaling confidence in this pivot. Investors
🐉 Dragon’s insight
In the world of crypto, utility is king. Miners who can host AI work are far more than “just miners” — they’re gatekeepers of next-gen compute.
The dragon watches those who build bridges between crypto and #AI — that’s where the fire burns brightest.
👉 #CryptoInfrastructure #Investing
🔍 The shift
Top #Mining companies like Iren, Bitfarms, CleanSpark, TeraWulf bolstered their stock prices this week after a Bernstein report spotlighted their emerging role in AI infrastructure. Investors These firms already control over 14 GW of grid-connected power in regions flush with surplus renewables — perfect for hosting AI workloads. Investors
🚄 Why it's a big deal
They can deploy AI data centers much faster — up to 75% quicker than competitors starting from scratch. InvestorsThe move blurs the line between mining + compute — mining companies become hybrid crypto/AI infrastructure providers.Institutions are watching: Bernstein pegged Iren as a top pick, signaling confidence in this pivot. Investors
🐉 Dragon’s insight
In the world of crypto, utility is king. Miners who can host AI work are far more than “just miners” — they’re gatekeepers of next-gen compute.
The dragon watches those who build bridges between crypto and #AI — that’s where the fire burns brightest.
👉 #CryptoInfrastructure #Investing
🇵🇰 Pakistan allocates 2000 MW for Bitcoin mining & AI centers!
Aiming to become a regional tech hub.
#PakistanCrypto #Mining #Aİ
Aiming to become a regional tech hub.
#PakistanCrypto #Mining #Aİ
Anyone please comment below for something I want to ask..
My age is not sufficent to deposit money in binance in South Korea, but I want to sell a minor from goming.. There is a fee over 0.2 so,, please anybody help #mining
My age is not sufficent to deposit money in binance in South Korea, but I want to sell a minor from goming.. There is a fee over 0.2 so,, please anybody help #mining
💥WTF??! 5 Solo Miners Score Over $350K Each in 2025!!!
In a market dominated by mega farms and industrial rigs, five solo miners just pulled off what’s nearly impossible - each mined a full Bitcoin block solo and bagged $350K+ in rewards. No pools. No teams. Just pure luck and proof-of-work.
One miner cracked block 903,883 with only 2.3 PH/s - that’s like showing up to a gunfight with a water pistol… and still walking away with the win. The odds? Around 1 in 2,800 per day. Others scored with blocks 907,283, 910,440, and 913,632, some via the old-school CKPool, a platform made for underdogs and dreamers. The average reward per miner? A life-changing 3.1+ $BTC plus juicy transaction fees.
Even with record-high mining difficulty and the block reward halved to 3.125 BTC, these solo wins prove Bitcoin’s magic is still alive. Anyone with a machine, an internet connection, and relentless belief has a shot.
Yes, Bitcoin mining today is a brutal game. But sometimes, the little guy wins big. That’s the beauty of Bitcoin - it’s permissionless, borderless, and still full of surprises. Follow @Professor Mende - Bonuz Ecosystem Founder for more news! #BitcoinMining #BTCBreaksATH #MarketUptober #Mining #BitcoinMiners
In a market dominated by mega farms and industrial rigs, five solo miners just pulled off what’s nearly impossible - each mined a full Bitcoin block solo and bagged $350K+ in rewards. No pools. No teams. Just pure luck and proof-of-work.
One miner cracked block 903,883 with only 2.3 PH/s - that’s like showing up to a gunfight with a water pistol… and still walking away with the win. The odds? Around 1 in 2,800 per day. Others scored with blocks 907,283, 910,440, and 913,632, some via the old-school CKPool, a platform made for underdogs and dreamers. The average reward per miner? A life-changing 3.1+ $BTC plus juicy transaction fees.
Even with record-high mining difficulty and the block reward halved to 3.125 BTC, these solo wins prove Bitcoin’s magic is still alive. Anyone with a machine, an internet connection, and relentless belief has a shot.
Yes, Bitcoin mining today is a brutal game. But sometimes, the little guy wins big. That’s the beauty of Bitcoin - it’s permissionless, borderless, and still full of surprises. Follow @Professor Mende - Bonuz Ecosystem Founder for more news! #BitcoinMining #BTCBreaksATH #MarketUptober #Mining #BitcoinMiners
🚀🚀 Bitcoin Miners Hit Record Profits as HPC Boom Takes Off 💰💰💰
Bitcoin miners just had their strongest quarter ever — and it’s not just because of rising BTC prices.
$BTC
According to JPMorgan, Q2 2025 was a breakout period for the mining sector, driven by three key forces: higher Bitcoin prices, improved operational efficiency, and massive investment in high-performance computing (HPC).
The numbers tell the story:
• Total mining gross profit reached $2.1 billion
• Profit margins held strong at around 53%
• Companies raised $590 million and spent about $900 million on expansion
$ETH
Among top performers, IREN and Cipher Mining led the pack with cutting-edge efficiency and bold HPC strategies, while Riot and Marathon lagged slightly behind.
Cipher’s 244 MW deal with Fluidstack and IREN’s push to over 23,000 GPUs highlight how miners are evolving — transforming from pure BTC operations into advanced computing powerhouses.
JPMorgan called the second quarter “transformative” for the industry, signaling that the future of mining could extend far beyond Bitcoin itself.
$BNB
With Bitcoin sitting around $122,000 and HPC demand surging, miners are entering a new era — one where digital gold meets the age of high-performance computing. ⚡💻
#Bitcoin #Mining #CryptoNews #BinanceSquare
Bitcoin miners just had their strongest quarter ever — and it’s not just because of rising BTC prices.
$BTC
According to JPMorgan, Q2 2025 was a breakout period for the mining sector, driven by three key forces: higher Bitcoin prices, improved operational efficiency, and massive investment in high-performance computing (HPC).
The numbers tell the story:
• Total mining gross profit reached $2.1 billion
• Profit margins held strong at around 53%
• Companies raised $590 million and spent about $900 million on expansion
$ETH
Among top performers, IREN and Cipher Mining led the pack with cutting-edge efficiency and bold HPC strategies, while Riot and Marathon lagged slightly behind.
Cipher’s 244 MW deal with Fluidstack and IREN’s push to over 23,000 GPUs highlight how miners are evolving — transforming from pure BTC operations into advanced computing powerhouses.
JPMorgan called the second quarter “transformative” for the industry, signaling that the future of mining could extend far beyond Bitcoin itself.
$BNB
With Bitcoin sitting around $122,000 and HPC demand surging, miners are entering a new era — one where digital gold meets the age of high-performance computing. ⚡💻
#Bitcoin #Mining #CryptoNews #BinanceSquare
See original
🚀 Mining stocks soared after the new ATH of Bitcoin at $126,000
Bitcoin on Monday updated its historical maximum, reaching $126,200, which immediately triggered a rise in the stocks of mining companies.
📈 According to Bloomberg, open interest in call options with a target price of $140,000 sharply increased, enhancing bullish expectations.
🏗️ Mining stocks reacted vigorously:
Hive Digital +23%
Bitfarms +14%
Riot Platforms +10%
Marathon (MARA) and CleanSpark +7%
Companies are actively increasing their hash rate and BTC reserves:
MARA holds over 52,000 BTC,
CleanSpark — about 13,000 BTC.
💬 Jean-David Pékigno from Deribit noted that the rise is linked to the "perfect confluence of macro factors":
record inflows into spot ETFs ($3.2 billion for the week),
declining BTC supply,
seasonal optimism,
geopolitical instability.
📊 Technically, Bitcoin could aim for the range of $128,000–$130,000 by mid-October, and the trading volume for the day exceeded $68.2 billion.
💎 The capitalization of the entire crypto market reached a new record — $4.29 trillion, +23% since the beginning of the year.
$BTC #crypto #news #btc #Mining #etf
Bitcoin on Monday updated its historical maximum, reaching $126,200, which immediately triggered a rise in the stocks of mining companies.
📈 According to Bloomberg, open interest in call options with a target price of $140,000 sharply increased, enhancing bullish expectations.
🏗️ Mining stocks reacted vigorously:
Hive Digital +23%
Bitfarms +14%
Riot Platforms +10%
Marathon (MARA) and CleanSpark +7%
Companies are actively increasing their hash rate and BTC reserves:
MARA holds over 52,000 BTC,
CleanSpark — about 13,000 BTC.
💬 Jean-David Pékigno from Deribit noted that the rise is linked to the "perfect confluence of macro factors":
record inflows into spot ETFs ($3.2 billion for the week),
declining BTC supply,
seasonal optimism,
geopolitical instability.
📊 Technically, Bitcoin could aim for the range of $128,000–$130,000 by mid-October, and the trading volume for the day exceeded $68.2 billion.
💎 The capitalization of the entire crypto market reached a new record — $4.29 trillion, +23% since the beginning of the year.
$BTC #crypto #news #btc #Mining #etf
See original
How is Bitcoin mined? ⛏️
Suggested text:
Mining is the process of verifying transactions and adding them to the blockchain.
Miners use powerful devices to solve complex mathematical problems,
and in return, they receive a reward: new Bitcoin!
Every 4 years, the reward decreases in what is known as the “Halving”
#Bitcoin #Mining #CryptoFacts #BinanceSquare
Suggested text:
Mining is the process of verifying transactions and adding them to the blockchain.
Miners use powerful devices to solve complex mathematical problems,
and in return, they receive a reward: new Bitcoin!
Every 4 years, the reward decreases in what is known as the “Halving”
#Bitcoin #Mining #CryptoFacts #BinanceSquare
Great question!
If a powerful country like the USA or China tried to ban mining or even launch a 51% attack (by controlling over half of Bitcoin’s mining power), it would definitely be a challenge but Bitcoin could still survive.
Reason why bitcoin will still survive;
1. Bitcoin Is Global
Bitcoin is decentralized it’s not controlled by any one country. Even if one nation bans mining, miners in other countries can keep the network running. For example, when China banned mining in 2021, the hash rate dropped but quickly recovered as miners moved to countries like the USA, Kazakhstan, and Canada.
2. 51% Attack Doesn’t Kill Bitcoin
A 51% attack can cause problems like double spending or temporary delays, but it cannot steal coins or change Bitcoin’s rules. And once detected, the Bitcoin community can take action like changing the mining algorithm or reorganizing around honest nodes.
3. Strong Community + Incentives
There are thousands of developers, miners, users, and companies worldwide who believe in Bitcoin. They’ll work together to defend it. Also, mining is profitable banning it just pushes it elsewhere.
Even in a worst-case scenario, history and Bitcoin’s structure show that it can survive attacks from even the most powerful governments.
#ChinaCrypto #BTCBreaksATH #Mining #BTC走势分析 #BTC
If a powerful country like the USA or China tried to ban mining or even launch a 51% attack (by controlling over half of Bitcoin’s mining power), it would definitely be a challenge but Bitcoin could still survive.
Reason why bitcoin will still survive;
1. Bitcoin Is Global
Bitcoin is decentralized it’s not controlled by any one country. Even if one nation bans mining, miners in other countries can keep the network running. For example, when China banned mining in 2021, the hash rate dropped but quickly recovered as miners moved to countries like the USA, Kazakhstan, and Canada.
2. 51% Attack Doesn’t Kill Bitcoin
A 51% attack can cause problems like double spending or temporary delays, but it cannot steal coins or change Bitcoin’s rules. And once detected, the Bitcoin community can take action like changing the mining algorithm or reorganizing around honest nodes.
3. Strong Community + Incentives
There are thousands of developers, miners, users, and companies worldwide who believe in Bitcoin. They’ll work together to defend it. Also, mining is profitable banning it just pushes it elsewhere.
Even in a worst-case scenario, history and Bitcoin’s structure show that it can survive attacks from even the most powerful governments.
#ChinaCrypto #BTCBreaksATH #Mining #BTC走势分析 #BTC
🚨 BREAKING NOW! 🚨
🔥 CANGO MINING STRIKES BIG IN SEPTEMBER! 🔥
⛏️ Mined 616 BTC this month — boosting their total stash to a massive 5,810 BITCOINS! 💰💎
🚀 Bitcoin reserves growing strong — bullish vibes all around! 💥💪
#bitcoin #Mining #CryptoNews #BTCBreaksATH #BTC #Bullish $BTC
🔥 CANGO MINING STRIKES BIG IN SEPTEMBER! 🔥
⛏️ Mined 616 BTC this month — boosting their total stash to a massive 5,810 BITCOINS! 💰💎
🚀 Bitcoin reserves growing strong — bullish vibes all around! 💥💪
#bitcoin #Mining #CryptoNews #BTCBreaksATH #BTC #Bullish $BTC
See original
Solar energy and mining: the new green combo of Bitcoin ☀️⛏️
Bitcoin mining has a reputation for 'polluting', but that is changing quickly.
In Latin America, more and more mining projects are using solar or hydropower to reduce costs and emissions.
In northern Argentina, small ventures are testing solar panels combined with ASIC rigs, achieving energy autonomy during the day and grid connection only at night.
This transition marks a new stage: 'green Bitcoin'.
Not only is it more ethical, it is also profitable: miners with renewable energy reduce their operating expenses by up to 40%.
The next revolution will not be in the code, but in the energy source. 🌞💻
$BTC #Mining #GreenCrypto #EnergíaRenovable #blockchain
Bitcoin mining has a reputation for 'polluting', but that is changing quickly.
In Latin America, more and more mining projects are using solar or hydropower to reduce costs and emissions.
In northern Argentina, small ventures are testing solar panels combined with ASIC rigs, achieving energy autonomy during the day and grid connection only at night.
This transition marks a new stage: 'green Bitcoin'.
Not only is it more ethical, it is also profitable: miners with renewable energy reduce their operating expenses by up to 40%.
The next revolution will not be in the code, but in the energy source. 🌞💻
$BTC #Mining #GreenCrypto #EnergíaRenovable #blockchain
AnnyeCastle:
Very good
#CryptoTaxing #Mining
The New York State Senate is moving forward with a controversial anti-Bitcoin mining bill that threatens to shut down much of the state's crypto mining industry!!!
The proposed legislation seeks to ban proof-of-work mining rigs due to environmental concerns, citing the high electricity consumption and carbon footprint linked to Bitcoin mining.
This move has sparked fierce debate, as miners argue that their operations are increasingly powered by renewable energy and provide essential jobs and economic benefits.🔥
If passed, the bill could force hundreds of mining companies to halt or relocate, causing a massive disruption to one of the largest Bitcoin mining hubs in the United States. For many in the crypto community, this feels like a punitive measure driven by politics rather than facts, undermining innovation and the future of blockchain technology in New York.
Supporters of the bill emphasize climate responsibility and urge the state to lead the way in sustainable practices. 🌳
However, opponents see it as shortsighted and damaging to economic growth, investment, and technological progress.💪🏽
This battle in New York is emblematic of the larger global tension between the environmental impact of crypto and its transformative potential. The outcome will greatly influence the future of Bitcoin mining—whether it can evolve sustainably or faces increasing regulatory pushback. It’s a fight for the soul of innovation, jobs, and the future of decentralized finance.
$BTC
The New York State Senate is moving forward with a controversial anti-Bitcoin mining bill that threatens to shut down much of the state's crypto mining industry!!!
The proposed legislation seeks to ban proof-of-work mining rigs due to environmental concerns, citing the high electricity consumption and carbon footprint linked to Bitcoin mining.
This move has sparked fierce debate, as miners argue that their operations are increasingly powered by renewable energy and provide essential jobs and economic benefits.🔥
If passed, the bill could force hundreds of mining companies to halt or relocate, causing a massive disruption to one of the largest Bitcoin mining hubs in the United States. For many in the crypto community, this feels like a punitive measure driven by politics rather than facts, undermining innovation and the future of blockchain technology in New York.
Supporters of the bill emphasize climate responsibility and urge the state to lead the way in sustainable practices. 🌳
However, opponents see it as shortsighted and damaging to economic growth, investment, and technological progress.💪🏽
This battle in New York is emblematic of the larger global tension between the environmental impact of crypto and its transformative potential. The outcome will greatly influence the future of Bitcoin mining—whether it can evolve sustainably or faces increasing regulatory pushback. It’s a fight for the soul of innovation, jobs, and the future of decentralized finance.
$BTC
Research shows it only costs about $1,300 in electricity and operations to mine 1 Bitcoin in Iran, while it cost $102,260 in United States.
First world countries like Europe, U.S and Australia are not profitable. For example, Italy is the most expensive at $306,550 per coin similarly, Austria ($277,000), the Bahamas ($280,000), and Switzerland ($236,000) also fall into the unprofitable zone. In the United States also the average cost for mining one BTC is roughly $102,260. This cost is calculated based on the average household electricity price multiplied by the amount of energy consumed.
For miners, it is usual to flock to a low-cost electricity zone. This also shows the vulnerability of Bitcoin as it can be a major financial tool, Europe specifically is out of the competition due to their inability to subsidize electricity and keep charging in a range which is way costlier than developing countries.
Follow us for more web3 news 🤝
#ArmanShuvro #cryptonews #Bitcoin #electricity #mining #btcmining $BTC
First world countries like Europe, U.S and Australia are not profitable. For example, Italy is the most expensive at $306,550 per coin similarly, Austria ($277,000), the Bahamas ($280,000), and Switzerland ($236,000) also fall into the unprofitable zone. In the United States also the average cost for mining one BTC is roughly $102,260. This cost is calculated based on the average household electricity price multiplied by the amount of energy consumed.
For miners, it is usual to flock to a low-cost electricity zone. This also shows the vulnerability of Bitcoin as it can be a major financial tool, Europe specifically is out of the competition due to their inability to subsidize electricity and keep charging in a range which is way costlier than developing countries.
Follow us for more web3 news 🤝
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