Investigating the Cost of Bitcoin Production
The Bitcoin difficulty adjustment is one of the most remarkable of Satoshi's innovations, creating a system that autonomously seeks equilibrium in the mining sector. In this article, we estimate the cost of production, and derive several metrics describing the cyclical nature of the mining market.
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s).
Bitcoin Mining Industry Is Well Positioned to Participate in a New Cycle: Bernstein
The mining industry is well positioned to participate in a new bitcoin (BTC) cycle, Bernstein said in a research report Thursday.
Bitcoin Mining Difficulty Rises 7.6% To Set New All-Time High as Hashrate Jumps
Bitcoin’s mining difficulty level rose 7.56% on Friday, hitting an all-time high along with the network’s hashrate, showing miners are applying more computing power. The difficulty changes roughly every two weeks, and is a measure of how much computing power is required for mining bitcoin blocks to be rewarded with Bitcoins.
Bitcoin Miners' Revenue From Fees Rises Suggesting the Onset of Major Bull Run
Bitcoin's (BTC) 60% year-to-date surge may be only the first milestone in its upward journey, as miner revenues from transaction fees are rising.
Bitcoin Mining Firm Navier Starts Tokenized Hashrate Marketplace for Retail Customers
Bitcoin mining hosting and services firm Navier has debuted a marketplace for buying and selling tokenized hashrate.
Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise
Bitcoin miner Bitfarms (BITF) dropped to a fourth-quarter loss as the price of bitcoin fell, costs rose and mining difficulty increased. The firm said it is examining acquisition prospects.
Bitcoin Mining Stocks Surge Amid BTC Market Upturn
The recent upturn in the cryptocurrency market, led by the flagship decentralized finance (DeFi) asset Bitcoin (BTC), has given wings to Bitcoin mining companies’ stocks, as their price in terms of weekly performance is recording substantial gains.
Value Investor Mike Alfred: Bitcoin Mining Firms Among Best Risk-Off Sectors Moving Forward
Value investor Mike Alfred recently shared his insights on Bitcoin mining firms on Twitter, emphasizing their potential as an attractive investment opportunity in today’s market.
Bitcoin Miner Marathon Digital’s Q4 2022 Revenue Declines to This Figure
Marathon Digital Holdings, a Bitcoin mining company, announced on 16 March that its revenue for the fourth quarter of 2022 fell 58% year on year to $28.4 million.
