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🇮🇩 Indonesia Eyes Bitcoin for National Reserves — A New Era?Bitcoin Indonesia has revealed a high-level meeting with the Vice President’s office, where they proposed an ambitious national Bitcoin strategy — focused on mining, education, and clean energy. 🔶 What’s the Plan? Indonesia may use hydropower and geothermal energy to mine Bitcoin and build it into its national reserves, aiming to create jobs, grow the economy, and embrace financial innovation. 🧠 Education First The team emphasized that Bitcoin literacy is key — not just for investors, but for policy makers and the public. A well-informed population is the foundation of sustainable adoption. 📉 Why Bitcoin? Unlike crisis-hit countries, Indonesia has low debt and inflation, meaning it sees Bitcoin as a strategic asset — not a short-term hedge. ⚠️ Still, Strict Rules Exist Crypto trading is legal, but payments remain banned. Taxes on mining and trading have increased, yet enforcement is mixed — especially in places like Bali, where Bitcoin payments are reportedly common. 🚀 What It Means Indonesia is sending strong signals that it may pivot toward a crypto-forward future, focusing on economic growth, energy use, and long-term wealth through Bitcoin. With the right balance of innovation and regulation, it could become a Bitcoin hub in Asia. Share your opinion about this in comments 👇🏻 #BitcoinIndonesia #btcmining #CryptoNew #BinanceSquare #BitcoinStrategy $BTC $PROVE $MYX {future}(MYXUSDT) {spot}(PROVEUSDT)

🇮🇩 Indonesia Eyes Bitcoin for National Reserves — A New Era?

Bitcoin Indonesia has revealed a high-level meeting with the Vice President’s office, where they proposed an ambitious national Bitcoin strategy — focused on mining, education, and clean energy.
🔶 What’s the Plan?
Indonesia may use hydropower and geothermal energy to mine Bitcoin and build it into its national reserves, aiming to create jobs, grow the economy, and embrace financial innovation.
🧠 Education First
The team emphasized that Bitcoin literacy is key — not just for investors, but for policy makers and the public. A well-informed population is the foundation of sustainable adoption.
📉 Why Bitcoin?
Unlike crisis-hit countries, Indonesia has low debt and inflation, meaning it sees Bitcoin as a strategic asset — not a short-term hedge.
⚠️ Still, Strict Rules Exist
Crypto trading is legal, but payments remain banned.
Taxes on mining and trading have increased, yet enforcement is mixed — especially in places like Bali, where Bitcoin payments are reportedly common.

🚀 What It Means
Indonesia is sending strong signals that it may pivot toward a crypto-forward future, focusing on economic growth, energy use, and long-term wealth through Bitcoin.
With the right balance of innovation and regulation, it could become a Bitcoin hub in Asia.
Share your opinion about this in comments 👇🏻
#BitcoinIndonesia #btcmining #CryptoNew #BinanceSquare #BitcoinStrategy
$BTC $PROVE $MYX
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Bullish
🔥 Binance $BTC {spot}(BTCUSDT) Mining Pool is ON FIRE! 🔥 💰 Tap into the power of Bitcoin like never before. 📌 Join the Binance BTC Mining Pool — where efficiency meets earnings. ⚡ Fast. Reliable. Profitable. Whether you're a mining veteran or just getting started — This is where your hash power turns into real rewards. 💸 🚀 Start mining smarter, not harder! #BTCMining #BuiltonSolayer #IPOWave #BTCUnbound #Write2Earn
🔥 Binance $BTC
Mining Pool is ON FIRE! 🔥

💰 Tap into the power of Bitcoin like never before.
📌 Join the Binance BTC Mining Pool — where efficiency meets earnings.
⚡ Fast. Reliable. Profitable.

Whether you're a mining veteran or just getting started —
This is where your hash power turns into real rewards. 💸

🚀 Start mining smarter, not harder!

#BTCMining #BuiltonSolayer #IPOWave #BTCUnbound #Write2Earn
Bitcoin Today: Historic Strength, Nuclear Energy Integration, and What It Means Next As of today, Bitcoin is trading just above $114,000, regaining ground as investor sentiment shifts toward optimism following weaker-than-expected U.S. labor numbers. This price action is part of a broader picture where Bitcoin’s fundamentals remain incredibly strong. Mining difficulty has reached a record 127.6 trillion, showing that the network’s computational power and thus its security is growing at scale. Yet miners are thriving, with revenue up over 105% year-over-year, because the price of BTC has outpaced the cost of mining. This rare profitability window is reinforcing confidence across the mining ecosystem. Bitcoin’s long-term value model remains consistent. Created in 2009, the protocol’s supply cap of 21 million and its halving mechanism continue to differentiate it from fiat currencies. With nearly 94% of Bitcoin already mined, the remaining coins become harder to produce, enhancing their value over time. This programmed scarcity is part of what has allowed BTC to grow from a tech experiment to a macro asset. Meanwhile, in Europe, a groundbreaking development is unfolding: French lawmakers are proposing a national pilot to mine Bitcoin using excess nuclear power from EDF plants. Rather than letting that power go to waste, the plan would generate income during low-demand hours and reuse excess heat. This represents a potential turning point in how governments view Bitcoin not as a threat, but as a tool. BingX, for example, offers a transparent view into the real-time behavior of the BTC network from hashrate growth to miner margins which can inform smarter trading and investment perspectives. What do you think can energy and Bitcoin work together to drive smarter, greener adoption? React, comment, and let’s discuss how this changes the game. #btcmining #BTC
Bitcoin Today: Historic Strength, Nuclear Energy Integration, and What It Means Next

As of today, Bitcoin is trading just above $114,000, regaining ground as investor sentiment shifts toward optimism following weaker-than-expected U.S. labor numbers. This price action is part of a broader picture where Bitcoin’s fundamentals remain incredibly strong.

Mining difficulty has reached a record 127.6 trillion, showing that the network’s computational power and thus its security is growing at scale. Yet miners are thriving, with revenue up over 105% year-over-year, because the price of BTC has outpaced the cost of mining. This rare profitability window is reinforcing confidence across the mining ecosystem.

Bitcoin’s long-term value model remains consistent. Created in 2009, the protocol’s supply cap of 21 million and its halving mechanism continue to differentiate it from fiat currencies. With nearly 94% of Bitcoin already mined, the remaining coins become harder to produce, enhancing their value over time. This programmed scarcity is part of what has allowed BTC to grow from a tech experiment to a macro asset.
Meanwhile, in Europe, a groundbreaking development is unfolding: French lawmakers are proposing a national pilot to mine Bitcoin using excess nuclear power from EDF plants. Rather than letting that power go to waste, the plan would generate income during low-demand hours and reuse excess heat. This represents a potential turning point in how governments view Bitcoin not as a threat, but as a tool.
BingX, for example, offers a transparent view into the real-time behavior of the BTC network from hashrate growth to miner margins which can inform smarter trading and investment perspectives.
What do you think can energy and Bitcoin work together to drive smarter, greener adoption? React, comment, and let’s discuss how this changes the game.
#btcmining #BTC
Bitcoin Mining Just Got Harder! What This Means for Crypto Investors 🚀💰$BTC $ETH $CRV Aslam mu alakum, and hello every one how are you, hope you all will be happy and fine.Today I read one important news. Bitcoin mining difficulty is now at new all time high. That mean, it is more hard now to mine 1 Bitcoin. This happen because more computers are working to mine Bitcoin. So system make it more difficult. Why this is big news: ✅ More miners joining = more trust in Bitcoin. ✅ Bitcoin becomes more safe and strong. ✅ Less chance of fraud or hack. ✅ Supply become slow, so price can go up. This is good for long term holders. If mining is hard, it means Bitcoin is not easy to make. Like gold is not easy to find, Bitcoin also becomes like digital gold. Another news I see today USA mining companies are also increasing their power. Big company Marathon Digital said they mined 703 BTC in July and now they have more than 50,000 BTC in total. That is huge! This show that mining companies still believe in Bitcoin So friends, this is good time to watch Bitcoin. Maybe price can go up more in coming days. But always invest with care. Thank you for reading. Allah Hafiz. #Bitcoin #CryptoNews #BTCMining #DigitalGold #CryptoMarket
Bitcoin Mining Just Got Harder! What This Means for Crypto Investors 🚀💰$BTC $ETH $CRV

Aslam mu alakum, and hello every one how are you, hope you all will be happy and fine.Today I read one important news. Bitcoin mining difficulty is now at new all time high. That mean, it is more hard now to mine 1 Bitcoin. This happen because more computers are working to mine Bitcoin. So system make it more difficult.

Why this is big news:

✅ More miners joining = more trust in Bitcoin.
✅ Bitcoin becomes more safe and strong.
✅ Less chance of fraud or hack.
✅ Supply become slow, so price can go up.

This is good for long term holders. If mining is hard, it means Bitcoin is not easy to make. Like gold is not easy to find, Bitcoin also becomes like digital gold.
Another news I see today USA mining companies are also increasing their power. Big company Marathon Digital said they mined 703 BTC in July and now they have more than 50,000 BTC in total. That is huge! This show that mining companies still believe in Bitcoin

So friends, this is good time to watch Bitcoin. Maybe price can go up more in coming days. But always invest with care.

Thank you for reading. Allah Hafiz.

#Bitcoin #CryptoNews #BTCMining #DigitalGold #CryptoMarket
BitMine Amasses $3 Billion Ethereum Treasury in Bold New Strategy Key Takeaways: BitMine has acquired 833,000 ETH ($3.03B) in just 35 days Aims to control 5% of ETH's circulating supply (~6M ETH) Strategy led by Fundstrat's Tom Lee, now BitMine Chairman Company combines mining proceeds + capital raises to fund purchases BitMine's Aggressive Ethereum Accumulation Crypto investment firm BitMine has executed one of the most aggressive treasury strategies in digital asset history, accumulating: 💰 833,000 ETH (worth $3.03B) ⏱ From zero to $3B in just 35 days 🎯 Targeting 5% of all circulating ETH (6M coins) "We've achieved the 'alchemy of 5%' velocity unmatched in crypto treasuries," said Tom Lee, BitMine Chairman and Fundstrat co-founder. The Strategy Behind the Move BitMine operates as a Bitcoin/Ethereum network company with a unique model: 1️⃣ Mining Operations Facilities in Texas (Pecos/Silverton) and Trinidad BTC mining profits help fund ETH purchases 2️⃣ Capital Raises Public company status enables stock offerings Focus on high liquidity shares "We're separating ourselves by both speed of accumulation and shareholder value creation," Lee noted. Market Impact & ETH Price Action The massive accumulation comes as: 📈 ETH price: $3,641 (+4.02% in 24hrs) 🔍 Circulating supply: ~120.7M ETH 🏦 Comparable treasuries: No other entity holds this much ETH Analysts suggest this could: ✅ Create new ETH demand pressure ✅ Validate institutional accumulation strategies ✅ Potentially reduce liquid supply What's Next? All eyes will be on whether BitMine can: 🔹 Hit its 6M ETH target 🔹 Maintain purchase velocity 🔹 Influence ETH's market dynamics Posted: August 4, 2025 | Source: The Daily Hodl Why This Matters: This marks one of the most significant institutional ETH accumulation plays to date, potentially creating a new model for crypto treasury strategies. The sheer scale could have lasting impacts on ETH's market structure. #ETH #Mining #btcmining #tresurefun #BITMINING
BitMine Amasses $3 Billion Ethereum Treasury in Bold New Strategy
Key Takeaways:
BitMine has acquired 833,000 ETH ($3.03B) in just 35 days
Aims to control 5% of ETH's circulating supply (~6M ETH)
Strategy led by Fundstrat's Tom Lee, now BitMine Chairman
Company combines mining proceeds + capital raises to fund purchases
BitMine's Aggressive Ethereum Accumulation
Crypto investment firm BitMine has executed one of the most aggressive treasury strategies in digital asset history, accumulating:
💰 833,000 ETH (worth $3.03B)
⏱ From zero to $3B in just 35 days
🎯 Targeting 5% of all circulating ETH (6M coins)
"We've achieved the 'alchemy of 5%' velocity unmatched in crypto treasuries," said Tom Lee, BitMine Chairman and Fundstrat co-founder.
The Strategy Behind the Move
BitMine operates as a Bitcoin/Ethereum network company with a unique model:
1️⃣ Mining Operations
Facilities in Texas (Pecos/Silverton) and Trinidad
BTC mining profits help fund ETH purchases
2️⃣ Capital Raises
Public company status enables stock offerings
Focus on high liquidity shares
"We're separating ourselves by both speed of accumulation and shareholder value creation," Lee noted.
Market Impact & ETH Price Action
The massive accumulation comes as:
📈 ETH price: $3,641 (+4.02% in 24hrs)
🔍 Circulating supply: ~120.7M ETH
🏦 Comparable treasuries: No other entity holds this much ETH
Analysts suggest this could:
✅ Create new ETH demand pressure
✅ Validate institutional accumulation strategies
✅ Potentially reduce liquid supply
What's Next?
All eyes will be on whether BitMine can:
🔹 Hit its 6M ETH target
🔹 Maintain purchase velocity
🔹 Influence ETH's market dynamics
Posted: August 4, 2025 | Source: The Daily Hodl
Why This Matters:
This marks one of the most significant institutional ETH accumulation plays to date, potentially creating a new model for crypto treasury strategies. The sheer scale could have lasting impacts on ETH's market structure.
#ETH #Mining #btcmining #tresurefun #BITMINING
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May I introduce you to Alexa? "Alexa, tell me the current block time!" She can't speak, but she knows it anyway. Of course, it's the lottery. And who really gets rich with the lottery? The people who sell the tickets. With the costs for a Cheap Yellow Display and the price for which a finished Nördminer is sold, I can already see myself in a Lambo. But joking aside, I am proud to finally understand it. If anyone needs tips for dealing with ESP32 boards, I would be happy to assist you. #BTC #btcmining #NerdMiner
May I introduce you to Alexa?
"Alexa, tell me the current block time!"
She can't speak, but she knows it anyway.
Of course, it's the lottery. And who really gets rich with the lottery? The people who sell the tickets.
With the costs for a Cheap Yellow Display and the price for which a finished Nördminer is sold, I can already see myself in a Lambo.
But joking aside, I am proud to finally understand it.

If anyone needs tips for dealing with ESP32 boards, I would be happy to assist you.

#BTC #btcmining #NerdMiner
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Bearish
🔸 Binance has quietly launched Cloud Mining... and it’s already SOLD OUT! 😱 No big announcement, no hype — Binance just opened up a BTC cloud mining service in silence, starting at just $23.04 per 1 TH/s. And before most people even noticed... 💨 it was gone. ⛏️ Passive BTC mining for 360 days, without touching any hardware. But remember — these deals are limited and fly fast. 👀 Better keep your eyes open next time… the rocket doesn’t wait. 🚀 #BinanceSquareTalks #Cloudmining #BTCMining #WhiteHouseDigitalAssetReport $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $XRP {spot}(XRPUSDT)
🔸 Binance has quietly launched Cloud Mining... and it’s already SOLD OUT! 😱

No big announcement, no hype —
Binance just opened up a BTC cloud mining service in silence, starting at just $23.04 per 1 TH/s.
And before most people even noticed... 💨 it was gone.

⛏️ Passive BTC mining for 360 days, without touching any hardware.
But remember — these deals are limited and fly fast.

👀 Better keep your eyes open next time… the rocket doesn’t wait. 🚀

#BinanceSquareTalks #Cloudmining #BTCMining #WhiteHouseDigitalAssetReport $BTC
$ETH
$XRP
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Binance Pool: mining supported by the exchangeIntroduction Binance Pool is a comprehensive service from Binance that combines mining services with the financial ecosystem of the exchange. It allows for more stable earnings due to an effective approach to payouts, adaptive algorithms, and complete integration with [Binance](https://www.binance.com/fr-AF/blog/mining/1727129301476617064?utm_source=chatgpt.com) products. How Binance Pool works

Binance Pool: mining supported by the exchange

Introduction
Binance Pool is a comprehensive service from Binance that combines mining services with the financial ecosystem of the exchange. It allows for more stable earnings due to an effective approach to payouts, adaptive algorithms, and complete integration with Binance products.
How Binance Pool works
Bhutan is secretly mining $BTC Bitcoin—and it's all green! {spot}(BTCUSDT) Using 100% hydroelectric power, the Himalayan kingdom has built state-run BTC mining farms through its sovereign fund, Druk Holdings. It's not hype—Bhutan holds up to $1.3B in BTC, nearly 40% of its GDP. Crypto meets clean energy! 💧⚡ You can pay in $BTC $USDT and more. #Bitcoin #Bhutan #CryptoMining #HydroPower #BTCMining
Bhutan is secretly mining $BTC Bitcoin—and it's all green!


Using 100% hydroelectric power, the Himalayan kingdom has built state-run BTC mining farms through its sovereign fund, Druk Holdings. It's not hype—Bhutan holds up to $1.3B in BTC, nearly 40% of its GDP. Crypto meets clean energy! 💧⚡

You can pay in $BTC $USDT and more.

#Bitcoin #Bhutan #CryptoMining #HydroPower #BTCMining
$ACX /USDT Bull Run Alert! 🔥💯 The market is showing strong bullish momentum for $ACX /USDT, currently at $0.6130. Don’t miss out on this opportunity for potential gains! Trade Plan: Buy Entry: $0.6130 Target 1: $0.6400 Target 2: $0.6600 Stop Loss: $0.5900 Price is rebounding with strength, and a breakout above $0.6200 could trigger a strong rally toward the targets. Stay sharp, manage your risk, and trade smart! {spot}(ACXUSDT) #BTCMining #BinanceAlpha #ACXTrading #CryptoAlerts
$ACX /USDT Bull Run Alert! 🔥💯

The market is showing strong bullish momentum for $ACX /USDT, currently at $0.6130. Don’t miss out on this opportunity for potential gains!

Trade Plan:

Buy Entry: $0.6130

Target 1: $0.6400

Target 2: $0.6600

Stop Loss: $0.5900

Price is rebounding with strength, and a breakout above $0.6200 could trigger a strong rally toward the targets. Stay sharp, manage your risk, and trade smart!

#BTCMining #BinanceAlpha #ACXTrading #CryptoAlerts
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Has Bitcoin mining returned? With the rise in the price of $BTC and increased institutional interest, some are beginning to wonder: Has Bitcoin mining become profitable again? And is there still an opportunity to join without massive equipment and huge investments? New platforms, cloud solutions, and mobile applications have reopened the door for those interested! So are you considering entering the mining world now? Share your opinion and predictions! #Bitcoin #BTCMining #CryptoMining #Bitcoin #CryptoTrends #BitcoinMining
Has Bitcoin mining returned?
With the rise in the price of $BTC and increased institutional interest, some are beginning to wonder:
Has Bitcoin mining become profitable again?
And is there still an opportunity to join without massive equipment and huge investments?

New platforms, cloud solutions, and mobile applications have reopened the door for those interested!
So are you considering entering the mining world now?

Share your opinion and predictions!

#Bitcoin #BTCMining #CryptoMining #Bitcoin #CryptoTrends #BitcoinMining
The recent $BTC price surge has lifted the stocks of public-listed crypto mining firms, which had taken a hit after the Bitcoin halving event in April. Over the past few months, these stocks have strongly recovered, aligning with the BTC price recovery. According to on-chain data provider ecoinometrics, Bitcoin mining stocks have been closing the gap with $BTC . Despite underperforming after the launch of spot Bitcoin ETFs in January, the mining industry has been consolidating operations and exploring lucrative areas like cloud computing and AI. Northern Data, a leading $BTC mining player, is betting on these shifts to boost revenue by year-end. Ecoinometrics predicts that BTC mining stocks could outperform Bitcoin, similar to the previous cycle where miners acted as a leveraged bet on $BTC . Top public-listed Bitcoin mining companies in the US have shown impressive gains: - Marathon Digital (NASDAQ: MARA) stock surged 32% in a month, outpacing BTC's 5.26% gain. - Riot Platform (NASDAQ: RIOT) saw a 30% stock price increase. - Cipher Mining (NASDAQ: CIFR) stock gained a staggering 44%. This trend is expected to continue, making $BTC mining stocks an attractive opportunity for investors.#btcmining #BTC500K #EtheriumETF #BNBAnalysis #sol
The recent $BTC price surge has lifted the stocks of public-listed crypto mining firms, which had taken a hit after the Bitcoin halving event in April. Over the past few months, these stocks have strongly recovered, aligning with the BTC price recovery.
According to on-chain data provider ecoinometrics, Bitcoin mining stocks have been closing the gap with $BTC . Despite underperforming after the launch of spot Bitcoin ETFs in January, the mining industry has been consolidating operations and exploring lucrative areas like cloud computing and AI.
Northern Data, a leading $BTC mining player, is betting on these shifts to boost revenue by year-end. Ecoinometrics predicts that BTC mining stocks could outperform Bitcoin, similar to the previous cycle where miners acted as a leveraged bet on $BTC .
Top public-listed Bitcoin mining companies in the US have shown impressive gains:
- Marathon Digital (NASDAQ: MARA) stock surged 32% in a month, outpacing BTC's 5.26% gain.
- Riot Platform (NASDAQ: RIOT) saw a 30% stock price increase.
- Cipher Mining (NASDAQ: CIFR) stock gained a staggering 44%.
This trend is expected to continue, making $BTC mining stocks an attractive opportunity for investors.#btcmining
#BTC500K
#EtheriumETF #BNBAnalysis #sol
#BTC☀ #Miners #btcmining 🎮 New P2E game on the theme of mining The developers of Fumb Games presented a new Play-to-Earn game Bitcoin Miner. Everyone can feel like a real miner and mine popular cryptocurrencies: BTC, ETH, DOGE and SOL. ➡️ Note that in reality mining is applicable only to Bitcoin and Dogecoin, as Ethereum and Solana use the Proof-of-Stake consensus algorithm. But the main feature of the game was the payouts in real satoshis, which you can withdraw to your crypto wallet. Bitcoin Miner is available on both iOS and Android. @Atlantis
#BTC☀ #Miners #btcmining

🎮 New P2E game on the theme of mining

The developers of Fumb Games presented a new Play-to-Earn game Bitcoin Miner. Everyone can feel like a real miner and mine popular cryptocurrencies: BTC, ETH, DOGE and SOL.

➡️ Note that in reality mining is applicable only to Bitcoin and Dogecoin, as Ethereum and Solana use the Proof-of-Stake consensus algorithm.

But the main feature of the game was the payouts in real satoshis, which you can withdraw to your crypto wallet.

Bitcoin Miner is available on both iOS and Android.
@ATLANTIS-Depth of crypto world
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Bullish
How long does it take to mine one Bitcoin block? ⛏️ $BTC On March 10, a solo miner found 'gold', completing one Bitcoin block with equipment costing $299 and only 0.48 TH/s of hash power, yielding 3.15 $BTC (~$260K). What are the chances of this happening? 1 in 1.6 billion. Or about once every 31,240 years if mining continuously. Solo mining is not dead, but without serious hash power, it's a lottery. Here is a comparison of block discovery times from various mining setups 👇$BTC {spot}(BTCUSDT) #btc #btcmining
How long does it take to mine one Bitcoin block? ⛏️
$BTC
On March 10, a solo miner found 'gold', completing one Bitcoin block with equipment costing $299 and only 0.48 TH/s of hash power, yielding 3.15 $BTC (~$260K).
What are the chances of this happening? 1 in 1.6 billion. Or about once every 31,240 years if mining continuously.
Solo mining is not dead, but without serious hash power, it's a lottery. Here is a comparison of block discovery times from various mining setups 👇$BTC

#btc
#btcmining
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$BTC #btcmining 10000 #Bitcoin❗ 670,000,000 dollars mined by miners were sold for 70,000,000 dollars. This created selling pressure in the crypto market and caused a decrease of 3 thousand dollars. BTC price will come out of turbulence this week and test the 67,500 level. This is not an investment recommendation.
$BTC #btcmining 10000 #Bitcoin❗ 670,000,000 dollars mined by miners were sold for 70,000,000 dollars. This created selling pressure in the crypto market and caused a decrease of 3 thousand dollars. BTC price will come out of turbulence this week and test the 67,500 level. This is not an investment recommendation.
See original
Currently, the revenues of Bitcoin miners exceed 35 million $ per day Mining pool revenues have reached record levels since June 2024, exceeding 35 million $ per day, which is 5 million more than in mid-October. Since the beginning of the month, total miner revenues amounted to 811.34 million$, of which 771.76 million came from block rewards. This data was provided by The Block. According to information provided by Blockchain.com, Bitcoin's hash rate remains at a level exceeding 700 exahashes per second (Eh/s). Last week, a historical maximum was recorded — 723,631 Eh/s, after which the figure dropped to 720 Eh/s by the end of the week. AntPool became the leader among mining pools, with Foundry and ViaBTC also in the top 3. #btcmining
Currently, the revenues of Bitcoin miners exceed 35 million $ per day

Mining pool revenues have reached record levels since June 2024, exceeding 35 million $ per day, which is 5 million more than in mid-October.

Since the beginning of the month, total miner revenues amounted to 811.34 million$, of which 771.76 million came from block rewards. This data was provided by The Block.

According to information provided by Blockchain.com, Bitcoin's hash rate remains at a level exceeding 700 exahashes per second (Eh/s). Last week, a historical maximum was recorded — 723,631 Eh/s, after which the figure dropped to 720 Eh/s by the end of the week.

AntPool became the leader among mining pools, with Foundry and ViaBTC also in the top 3.
#btcmining
Bitcoin Mining: Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain ledger. It involves using powerful computers to solve complex mathematical puzzles that validate and secure transactions on the network. Miners compete to solve these puzzles, with the first one to find the solution being rewarded with newly minted bitcoins and transaction fees. This process requires significant computational power and energy consumption. The puzzles are designed to become increasingly difficult as more miners join the network, ensuring a steady and controlled release of new bitcoins. Mining plays a crucial role in maintaining the security and integrity of the Bitcoin network by preventing double-spending and ensuring consensus among participants. As the Bitcoin network grows, mining becomes more competitive, requiring specialized hardware and low-cost electricity to remain profitable. Additionally, mining operations are often concentrated in regions with cheap electricity to maximize profitability. Despite its energy-intensive nature, Bitcoin mining serves as the backbone of the decentralized cryptocurrency system, enabling peer-to-peer transactions without the need for a central authority. #btcmining #BitcoinMining #BlackRock⁩ #Bitcoin❗ #Bitcoin❗
Bitcoin Mining:

Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain ledger. It involves using powerful computers to solve complex mathematical puzzles that validate and secure transactions on the network. Miners compete to solve these puzzles, with the first one to find the solution being rewarded with newly minted bitcoins and transaction fees. This process requires significant computational power and energy consumption. The puzzles are designed to become increasingly difficult as more miners join the network, ensuring a steady and controlled release of new bitcoins. Mining plays a crucial role in maintaining the security and integrity of the Bitcoin network by preventing double-spending and ensuring consensus among participants. As the Bitcoin network grows, mining becomes more competitive, requiring specialized hardware and low-cost electricity to remain profitable. Additionally, mining operations are often concentrated in regions with cheap electricity to maximize profitability. Despite its energy-intensive nature, Bitcoin mining serves as the backbone of the decentralized cryptocurrency system, enabling peer-to-peer transactions without the need for a central authority.
#btcmining #BitcoinMining #BlackRock⁩ #Bitcoin❗ #Bitcoin❗
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