$BTC Bitcoin mining companies hold 25.3% of global hashrat | Micki Mouse on Binance Square

Trending Articles

Bookmarked and Liked

--

$BTC  Bitcoin mining companies hold 25.3% of global hashrate as of December 2024
According to BlockBeats, a report by investment bank Jefferies reveals that US-listed Bitcoin mining companies accounted for 25.3% of the global hashrate as of December 2024.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

105,475.2

+0.53%

9

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-0de542e3d9bb

Explore More From Creator

#NFPCryptoImpact The U.S. December non-farm payrolls data drops this Friday, with markets expecting 153K new jobs—a slowdown from November. With the Fed’s policy and labor market shifts, how could this data ripple through the crypto market? If it misses expectations, will we see Bitcoin soar or stumble? Share your predictions! Create a post with #NFPCryptoImpact or the $BTC Coinpair to unlock a share of $5,000 in BNB token vouchers and earn Binance points. (Creator Center > Check-in)

--

#BinanceMegadropSolv Binance has unveiled the Solv Protocol (SOLV) Megadrop, its 3rd project on Binance Megadrop. This initiative offers participants a chance to earn SOLV token rewards by staking BNB in Locked Products or completing designated Web3 Quests. Key Highlights of the SOLV Megadrop Project Overview: Solv Protocol (SOLV) is a groundbreaking Bitcoin staking platform that focuses on building a Bitcoin-centric financial ecosystem. Megadrop Timeline: Participation starts 2025-01-07 00:00 (UTC) and ends 2025-01-16 23:59 (UTC). Binance Listing Date: Trading begins on 2025-01-17 10:00 (UTC) with pairs SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY. How to Participate in the SOLV Megadrop Log in to your Binance account. Stake BNB: Subscribe to BNB Locked Products and start earning scores based on the subscription period. Longer durations yield higher scores. Complete Web3 Quests: Engage in activities like staking BTCB on Solv Protocol. Claim Rewards: Verify participation via the Binance Megadrop Page and claim rewards daily starting 2025-01-07 05:30 (UTC). Check Rewards Distribution: Rewards will automatically be added to Binance Spot Wallets after the campaign ends. Reward Details Total Megadrop Rewards: 588,000,000 SOLV tokens (7% of Genesis Token Supply). Hard Cap Per User: Participants can claim up to 4,704,000 SOLV. Calculation Formula: Total Score = (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus Why Participate in the Solv Protocol Megadrop? Earn Multiple Rewards: Eligible users can simultaneously receive Launchpool, HODLer Airdrops, and Megadrop rewards. Exclusive SOLV Listing: Binance is the first platform to list SOLV, solidifying its support for innovative blockchain projects

--

#BitcoinHashRateSurge Hashrate measures the total computational power used by miners to process transactions and secure the Bitcoin network. A higher hashrate indicates a more secure and robust network, as it becomes increasingly difficult for malicious actors to execute attacks. Implications of the Hashrate Surge Enhanced Security: The increased hashrate strengthens the network's defense against potential attacks, ensuring greater security for users and investors. Miner Confidence: The surge suggests growing confidence among miners in Bitcoin's long-term profitability and stability. Potential Price Impact: While a rising hashrate indicates network health, its direct correlation with Bitcoin's price is complex and influenced by various factors. Stay Informed As the Bitcoin network continues to evolve, staying informed about developments like hashrate changes is crucial for making educated decisions in the cryptocurrency space. Disclaimer: Cryptocurrency investments carry risk. This post is for informational purposes only and should not be considered financial advice.

--

#CryptoReboundStrategy . VeChain (VET) Current Price: $0.050846 Future Prediction: Analysts suggest that VeChain could reach approximately $0.10 by the end of 2025, driven by increased adoption in supply chain solutions. 2. Cosmos (ATOM) Current Price: $7.31 Future Prediction: With the growing importance of blockchain interoperability, Cosmos has the potential to reach $50 if it becomes the standard for cross-chain communication. 3. Algorand (ALGO) Current Price: $0.413297 Future Prediction: As decentralized applications (dApps) gain traction, Algorand could see its price rise to between $5.00 and $8.00. 4. Harmony (ONE) Current Price: $0.153154 Future Prediction: If Harmony's scalability solutions effectively capture a portion of Ethereum’s market share, its price could increase to between $0.50 and $0.80. 5. The Graph (GRT) Current Price: $0.241454 Future Prediction: Leveraging growth in the DeFi and Web3 sectors, The Graph could see its price rise to between $3.00 and $5.00. 6. Elrond (EGLD) Current Price: $38.15 Future Prediction: With increasing demand for fast, low-cost blockchain solutions, Elrond's price could surpass $200. 7. Fantom () Current Price: $0.838369 Future Prediction: As demand for DeFi continues to surge, Fantom's price could exceed $3.00. 8. Kusama ($KSM ) Current Price: $36.39 Future Prediction: Fueled by developments in the Polkadot ecosystem, Kusama's price could rise above $100. 9. Lisk ($LSK ) Current Price: $1.004 Future Prediction: As blockchain-as-a-service becomes mainstream, Lisk's price could reach $15.00. 10. Zilliqa ($ZIL ) Current Price: $0.02311077 Future Prediction: If sharding technology is widely adopted, Zilliqa's price could rise to between $0.30 and $0.50. Trader’s Action Plan for Q1 2025: Diversify Portfolio: Accumulate mid-cap altcoins like VeChain, Cosmos, and Algorand to leverage both short-term price swings and long-term growth.

--

#Crypto2025Trends Before we dive in, heads up — I’m going private soon. Want to keep getting alpha from me? Hit that follow button now. And if you find this useful, give it a like, Repost, or bookmark — your support means a lot! During bull markets, BTC dominance typically hits its all-time high in December. Now we see how smart capital beginning to rebalance into altcoins. As $BTC pulled back and alts gained strength, the early signs of Altseason are becoming evident.

--

Latest News

Echo Protocol Recovers Hacked Social Media Account, Ensures User Security

--

Strategy's Bitcoin Tracker Update Sparks Speculation on Holdings

--

Bitcoin Traders Anticipate Continued Bull Market

--

Bitcoin Adoption in Corporate Treasury Sparks Debate Among Industry Leaders

--

Ripple and SEC Seek Settlement in Ongoing Legal Battle

--

Trending Articles

$BTC BTC is currently following the pattern in the image bel

I Lost $4,000 in a P2P Crypto Scam — Don’t Let It Happen to

$XRP The $XRP $10,000 Thesis At the core of the $10,000 pre

🚨🚨 Whales Don’t Trade Like You Do – And Here’s Why It Matters! 🚨🚨

🚨 REMINDER: Key Fed Decision Incoming – Markets Brace for Impact 🚨

Kandi Fron hoFb

Cookie Preferences

Cookie Preferences