Tag: mining

Bitcoin miners may face significant challenges due to the upcoming halving event, according to a new report by analysts from banking and finance firm JP Morgan. The report suggests that…

As Bitcoin prepares to undergo its next halving event in April 2024, a cycle that occurs roughly every four years and slashes the rewards for mining Bitcoin by 50%, concerns…

Bitcoin mining giant Hive has announced a name change and a major shift in focus towards artificial intelligence (AI). The firm has dropped the ‘Blockchain’ part of its name, replacing…

Standard Chartered, one of the world’s leading banks, has raised its long-term Bitcoin price forecast, predicting that the value of the flagship cryptocurrency could reach $120,000 by the end of…

Berenberg Capital Market has presented a compelling bull case for Microstrategy Inc (NASDAQ:MSTR), the Virginia-based software company helmed by Michael Saylor. What Happened: With a price target of $430 for…

“On that basis, selling just 27% of BTC mined in Q1-2024 would generate the same absolute level of excess cash as selling 100% in Q2-2023.”

Bitcoin network hash rates have surged to new record highs over the weekend. Furthermore, the pressure on Bitcoin miners has intensified as hardware prices also start to increase while profitability…