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CMC Spotlight _ Latest News
Saylor's Company May Actually Sell Its Bitcoin _ What Bitcoin price would force Strategy to start selling?
#crypto Companies Are Thriving While Prices Tank _ What new revenue streams are these businesses launching in December?
#whales Dumped Bitcoin Before Retail Even Noticed _ Why are whales selling while retail keeps buying?
Tom Lee Is Buying Ethereum While Losing Billions _ What's Tom Lee's average ETH buy price?
Bitcoin #miners Are Bleeding Money Again _ What's causing the mining profit crash?
Source: Binance News / Bitdegree / Coindesk / #CoinMarketCap / Cointelegraph / Decrypt
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$BTC $ETH
Saylor's Company May Actually Sell Its Bitcoin _ What Bitcoin price would force Strategy to start selling?
#crypto Companies Are Thriving While Prices Tank _ What new revenue streams are these businesses launching in December?
#whales Dumped Bitcoin Before Retail Even Noticed _ Why are whales selling while retail keeps buying?
Tom Lee Is Buying Ethereum While Losing Billions _ What's Tom Lee's average ETH buy price?
Bitcoin #miners Are Bleeding Money Again _ What's causing the mining profit crash?
Source: Binance News / Bitdegree / Coindesk / #CoinMarketCap / Cointelegraph / Decrypt
"Place a trade with us via this post mentioned coin's & do support to reach maximum audience by follow, like, comment, share, repost, more such informative content ahead"
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⚡ BITCOIN MINERS CONFIRM THE LOCAL BOTTOM ⚡
On-chain data regarding miners indicates that the market has likely marked a local bottom around $80,000, with profitability metrics having dropped into one of the deepest "underpayment" zones of the entire cycle.
Historically, these extreme stress levels on miners coincide with phases of forced capitulation, exhaustion of selling pressure, and the formation of significant lows.
When the price dropped towards 80K, miners were pushed to levels of income that were no longer sustainable, with some of the less efficient operators forced to shut down machines and liquidate BTC reserves to cover energy costs and debt.
This "cleaning" process of the network reduces the supply available for sale in the medium term and, once capitulation is complete, creates the conditions for a structural rebound.
The pattern repeats throughout the cycle: phases of strong "overpayment" for miners coincide with local tops and distribution, while phases of deep "underpayment" are associated with capitulation and local bottoms, as already seen after the post-FTX lows and in the signals of the Hash Ribbon indicator from 2024.
Even now, the structure is the same, but with a level of stress even more pronounced than before, confirming how advanced the capitulation phase is.
Today the picture is clear: maximum pressure on miners, but a price structure that continues to defend the $80,000 area.
As long as BTC does not decisively lose this zone, miner profitability is set to rebound, and the market appears positioned for a trend reversal, with the statistics from previous cycles suggesting that the local bottom has already been established and capitulation, in fact, completed.
#BTCRebound90kNext? #BTCHashratePeak #miners #bitcoin $BTC
On-chain data regarding miners indicates that the market has likely marked a local bottom around $80,000, with profitability metrics having dropped into one of the deepest "underpayment" zones of the entire cycle.
Historically, these extreme stress levels on miners coincide with phases of forced capitulation, exhaustion of selling pressure, and the formation of significant lows.
When the price dropped towards 80K, miners were pushed to levels of income that were no longer sustainable, with some of the less efficient operators forced to shut down machines and liquidate BTC reserves to cover energy costs and debt.
This "cleaning" process of the network reduces the supply available for sale in the medium term and, once capitulation is complete, creates the conditions for a structural rebound.
The pattern repeats throughout the cycle: phases of strong "overpayment" for miners coincide with local tops and distribution, while phases of deep "underpayment" are associated with capitulation and local bottoms, as already seen after the post-FTX lows and in the signals of the Hash Ribbon indicator from 2024.
Even now, the structure is the same, but with a level of stress even more pronounced than before, confirming how advanced the capitulation phase is.
Today the picture is clear: maximum pressure on miners, but a price structure that continues to defend the $80,000 area.
As long as BTC does not decisively lose this zone, miner profitability is set to rebound, and the market appears positioned for a trend reversal, with the statistics from previous cycles suggesting that the local bottom has already been established and capitulation, in fact, completed.
#BTCRebound90kNext? #BTCHashratePeak #miners #bitcoin $BTC
Bitcoin Mining: Powering the Future, Facing the Hurdles
Bitcoin Mining: Powering the Future, Facing the Hurdles
Bitcoin mining is the backbone of the entire Bitcoin network, the decentralized process that verifies transactions and adds new blocks to the blockchain. It's a complex, energy-intensive process that has evolved dramatically since Bitcoin's inception. While robust, mining faces significant limitations that will shape its future impact and influence Bitcoin's price.
How Bitcoin Mining Works (The Basics)
At its core, Bitcoin mining involves powerful computers (Application-Specific Integrated Circuits or ASICs) competing to solve complex computational puzzles. The first miner to find the solution gets to add the next block of verified transactions to the blockchain and is rewarded with newly minted Bitcoin (the block reward) plus transaction fees. This "Proof-of-Work" (PoW) mechanism secures the network against fraud and double-spending.
Key Limitations and Challenges
Energy Consumption: This is by far the most prominent critique. Bitcoin mining consumes a substantial amount of electricity, comparable to that of small countries. This has led to environmental concerns, particularly when fossil fuels are used. The energy expenditure is inherent to the Proof-of-Work design, which relies on computational difficulty to secure the network.
Centralization Concerns (of Mining Pools): While Bitcoin itself is decentralized, the mining industry has seen increasing centralization around large mining pools and industrial-scale operations. These entities command significant hash rate, raising questions about potential influence over the network. However, the open-source nature of Bitcoin and the global distribution of miners provide counterbalances.
Hardware Arms Race: The constant need for more powerful and efficient ASICs creates an ongoing "arms race." Smaller miners or those without access to cutting-edge hardware can struggle to compete, further pushing towards industrialization.
Regulatory Scrutiny: Governments worldwide are increasingly scrutinizing Bitcoin mining, particularly concerning its environmental impact and energy demands. This can lead to bans or restrictions, as seen in China's crackdown, which forced a massive relocation of mining operations.
Future Impact on Bitcoin Price
The limitations and ongoing evolution of mining will undoubtedly influence Bitcoin's price:
Sustainability Narrative: As mining shifts towards renewable energy sources (hydropower, solar, wind, flared natural gas), the "dirty Bitcoin" narrative may diminish. A greener Bitcoin could attract more institutional investment and appease environmental concerns, potentially boosting its appeal and price.
Hash Rate Stability and Security: The continued growth and global distribution of the hash rate (the total computational power securing the network) will enhance Bitcoin's security. A more secure network instills greater confidence, which is positive for price stability and growth.
Halving Events: Every four years, the block reward for miners is halved. The next halving is anticipated in 2024. This supply shock historically precedes significant bull runs, as the rate of new Bitcoin entering circulation is drastically reduced, increasing scarcity.
Technological Advancements: Innovations in ASIC efficiency will allow more hashing power for the same or less energy, making mining more profitable and potentially reducing environmental impact, which can positively influence public perception and investment.
Geopolitical Factors: Regulations, geopolitical stability, and energy policies in key mining regions will continue to play a role. Favorable environments can attract investment and expand mining infrastructure, while unfavorable ones can cause disruptions.
The Road Ahead
Bitcoin mining is not static; it's constantly adapting. The industry is rapidly innovating towards greater energy efficiency and a higher reliance on sustainable energy. Many mining operations are strategically locating in areas with abundant, cheap, and often stranded renewable energy, turning what was once considered waste into a valuable resource.
Ultimately, the future of Bitcoin's price will remain intertwined with the robustness and perceived sustainability of its mining operations. As miners overcome current limitations, potentially through greener practices and decentralized innovation, they will continue to fortify Bitcoin's foundation, solidifying its role as a global digital store of value.
$ETH
Bitcoin mining is the backbone of the entire Bitcoin network, the decentralized process that verifies transactions and adds new blocks to the blockchain. It's a complex, energy-intensive process that has evolved dramatically since Bitcoin's inception. While robust, mining faces significant limitations that will shape its future impact and influence Bitcoin's price.
How Bitcoin Mining Works (The Basics)
At its core, Bitcoin mining involves powerful computers (Application-Specific Integrated Circuits or ASICs) competing to solve complex computational puzzles. The first miner to find the solution gets to add the next block of verified transactions to the blockchain and is rewarded with newly minted Bitcoin (the block reward) plus transaction fees. This "Proof-of-Work" (PoW) mechanism secures the network against fraud and double-spending.
Key Limitations and Challenges
Energy Consumption: This is by far the most prominent critique. Bitcoin mining consumes a substantial amount of electricity, comparable to that of small countries. This has led to environmental concerns, particularly when fossil fuels are used. The energy expenditure is inherent to the Proof-of-Work design, which relies on computational difficulty to secure the network.
Centralization Concerns (of Mining Pools): While Bitcoin itself is decentralized, the mining industry has seen increasing centralization around large mining pools and industrial-scale operations. These entities command significant hash rate, raising questions about potential influence over the network. However, the open-source nature of Bitcoin and the global distribution of miners provide counterbalances.
Hardware Arms Race: The constant need for more powerful and efficient ASICs creates an ongoing "arms race." Smaller miners or those without access to cutting-edge hardware can struggle to compete, further pushing towards industrialization.
Regulatory Scrutiny: Governments worldwide are increasingly scrutinizing Bitcoin mining, particularly concerning its environmental impact and energy demands. This can lead to bans or restrictions, as seen in China's crackdown, which forced a massive relocation of mining operations.
Future Impact on Bitcoin Price
The limitations and ongoing evolution of mining will undoubtedly influence Bitcoin's price:
Sustainability Narrative: As mining shifts towards renewable energy sources (hydropower, solar, wind, flared natural gas), the "dirty Bitcoin" narrative may diminish. A greener Bitcoin could attract more institutional investment and appease environmental concerns, potentially boosting its appeal and price.
Hash Rate Stability and Security: The continued growth and global distribution of the hash rate (the total computational power securing the network) will enhance Bitcoin's security. A more secure network instills greater confidence, which is positive for price stability and growth.
Halving Events: Every four years, the block reward for miners is halved. The next halving is anticipated in 2024. This supply shock historically precedes significant bull runs, as the rate of new Bitcoin entering circulation is drastically reduced, increasing scarcity.
Technological Advancements: Innovations in ASIC efficiency will allow more hashing power for the same or less energy, making mining more profitable and potentially reducing environmental impact, which can positively influence public perception and investment.
Geopolitical Factors: Regulations, geopolitical stability, and energy policies in key mining regions will continue to play a role. Favorable environments can attract investment and expand mining infrastructure, while unfavorable ones can cause disruptions.
The Road Ahead
Bitcoin mining is not static; it's constantly adapting. The industry is rapidly innovating towards greater energy efficiency and a higher reliance on sustainable energy. Many mining operations are strategically locating in areas with abundant, cheap, and often stranded renewable energy, turning what was once considered waste into a valuable resource.
Ultimately, the future of Bitcoin's price will remain intertwined with the robustness and perceived sustainability of its mining operations. As miners overcome current limitations, potentially through greener practices and decentralized innovation, they will continue to fortify Bitcoin's foundation, solidifying its role as a global digital store of value.
$ETH
#US Investigated Bitcoin Miner Manufacturer #bitmain as National Security Risk: Report _ The DHS has reportedly investigated whether Bitmain can remotely control Bitcoin #miners — though experts say it would be hard to do undetected.
Source: Binance News / Bitdegree / Coindesk / Coinmarketcap / Cointelegraph / #Decrypt
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Source: Binance News / Bitdegree / Coindesk / Coinmarketcap / Cointelegraph / #Decrypt
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A hobbyist miner uses just one outdated ASIC to beat "1 in 180 million odds" and win a $265K Bitcoin block
Just 0.0000007% of Bitcoin's entire network hashpower, which recently reached a record 855.7 exahashes per second, is controlled by the victorious miner.
This event marks one of the luckiest solo-mined blocks in recent memory, highlighting the rarity of such occurrences as Bitcoin's hashrate continues to climb.
$PLANCK $BTC
#miners #BTC🔥🔥🔥🔥🔥 #TrendingInvestments #WhaleActivity #analysisreport
Just 0.0000007% of Bitcoin's entire network hashpower, which recently reached a record 855.7 exahashes per second, is controlled by the victorious miner.
This event marks one of the luckiest solo-mined blocks in recent memory, highlighting the rarity of such occurrences as Bitcoin's hashrate continues to climb.
$PLANCK $BTC
#miners #BTC🔥🔥🔥🔥🔥 #TrendingInvestments #WhaleActivity #analysisreport
Live Crypto Market Analysis - Nov 20th
On today’s crypto market live update with MJ:
Bitcoin loses momentum, Fed rate-cut odds collapse, U.S. cancels the jobs report… and yet miners just flipped from dumping to hoarding.
Markets may look shaky on the surface, but the long-term signals tell a different story.
Breakdown of BTC and macro chaos, and what happens if Bitcoin slides toward 80K!
#Bitcoin #JobData #CryptoMarket #CryptoLive #FedRate #Miners #BTC80K $BTC
On today’s crypto market live update with MJ:
Bitcoin loses momentum, Fed rate-cut odds collapse, U.S. cancels the jobs report… and yet miners just flipped from dumping to hoarding.
Markets may look shaky on the surface, but the long-term signals tell a different story.
Breakdown of BTC and macro chaos, and what happens if Bitcoin slides toward 80K!
#Bitcoin #JobData #CryptoMarket #CryptoLive #FedRate #Miners #BTC80K $BTC
$BTC is ready to go to $150,000. 📈
The Hash Ribbon indicator is signaling a potential Bitcoin rally (above $150k) in the near future. The indicator is wrong quite rarely and many people rely on its readings.
Hash Ribbon is an indicator that tracks miner activity (a mix of fundamental and technical analysis).
The global trend remains positive and this forecast is quite realistic in the next few months
#BTC #miners
The Hash Ribbon indicator is signaling a potential Bitcoin rally (above $150k) in the near future. The indicator is wrong quite rarely and many people rely on its readings.
Hash Ribbon is an indicator that tracks miner activity (a mix of fundamental and technical analysis).
The global trend remains positive and this forecast is quite realistic in the next few months
#BTC #miners
🚨 JUST IN: #Bitcoin miner difficulty just hit a new ALL-TIME HIGH 🚀
More miners. More competition. More belief in $BTC
This isn’t just a number—it’s the network screaming:
“We're stronger than ever.”
Last time this happened? We went vertical. 📈
#Miners $ETH #BTCNextATH
More miners. More competition. More belief in $BTC
This isn’t just a number—it’s the network screaming:
“We're stronger than ever.”
Last time this happened? We went vertical. 📈
#Miners $ETH #BTCNextATH
Alguém usa essa plataforma? Não faço ideia de como funciona!
$BTC $HIVE
#miners #Hive
#NFPCryptoImpact
$BTC $HIVE
#miners #Hive
#NFPCryptoImpact
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Good Morning 👐
Search for Rubi in your app store, mining on your cellphone. Join me!
#miners
Code: NENIK
Search for Rubi in your app store, mining on your cellphone. Join me!
#miners
Code: NENIK
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Miners,Bitcoin
Bitcoin Miner Rhodium Files for Bankruptcy With Debt Up to $100 Million
27.08.2024
BITCOIN MINERS ASIC report of miners on bitcoin mining
#bankruptcy#Mining
Mining company Rhodium Enterprises has filed for Chapter 11 bankruptcy in the United States.
The Texas filing also includes six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW and Rhodium 30MW.
27.08.2024
BITCOIN MINERS ASIC report of miners on bitcoin mining
#bankruptcy#Mining
Mining company Rhodium Enterprises has filed for Chapter 11 bankruptcy in the United States.
The Texas filing also includes six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW and Rhodium 30MW.
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