Let's be real, this week, Bitcoin miners aren't just surviving, they're thriving. And honestly? It’s high time someone threw a good bash in the crypto world! Fade away the fear, uncertainty, and doubt! For the Miners, they’re flipping the switch and turning the music up. The vibe? Pure, unadulterated crypto...
To compound these challenges, the cost to mine a single Bitcoin is exploding! Once you factor in all the out-of-pocket costs, it comes to about $137,000. The knee-jerk reaction is panic. I say, hold up a second. What if instead of a crisis it was a catalyst? A very painful,...
Bitcoin’s recent surge, including a 12% jump just this week, has undeniably created a lot of excitement. Now we’re all told through headlines of TeraWulf, Riot Platforms and MARA Holdings beating the performance of Bitcoin itself. Before you take a deep dive into these mining equities, let’s hit pause for...
It’s been a rollercoaster week for Bitcoin and other crypto assets. Bitcoin miners, specifically, have been on a tremendous run, some gaining even more than Bitcoin itself. Jason, a blogger at KnowingCoin.com, dives into why this happened, what it means for investors, and whether now is the right time to...
By the fourth quarter of 2024, miners on public exchange took it on the chin—high cost increases, high energy prices. Today, they’re averaging $82,162 in costs to mine one Bitcoin. This amounts to a 47% quarterly increase fueled by increasing input costs, tax obligations and cranking competition. CoinShares data shows...
Okay, let's cut the fluff. We’re discussing Bitcoin, and in recent months, the story has all been “to the moon! But behind the Lambo dreams and laser eyes, a harsh reality is emerging: mining one Bitcoin is costing more than ever. According to a recent report, the average total production...
Bitcoin mining, the backbone of the cryptocurrency network, is facing a significant challenge: soaring costs. Yet as the challenges of mining mount and the regulatory landscape continues to evolve, miners are under duress. This article goes deep into the forces that are pushing costs higher. It further examines the effects...
Corporate finance never stands still. Today’s advent of cryptocurrencies has organizations aggressively pursuing digital assets as part of their corporate treasury strategies. Bitcoin was the trailblazer here, but other large companies have followed suit, each seeing unique benefits to holding crypto on their balance sheet. Now, Solana is rising up...
Okay, let's be real. We’ve been played by the corporate treasury buys crypto movie before. MicroStrategy might have been the first corporate firm to go all-in on Bitcoin, but today Coinbase is trying to convince us that companies are following suit with Solana. But before you roll your eyes and...
Bitcoin mining powers the entire cryptocurrency network, but it’s been hitting difficult times as of late. That potent combination of factors is increasing the pressure on miner profitability. From increasing network difficulty and energy costs to Bitcoin price fluctuations and trade barriers, miners are dealing with a new reality. This...
