profitability – BitlyFool.com

December 5, 2024

BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin

BIT Mining attributed its widened profit margins from DOGE and LTC… More...

September 25, 2024

Biggest fears about Bitcoin’s future: Industry weighs in

Reddit’s Bitcoin community remains optimistic about BTC, but members… More...

September 18, 2024

Bitcoin’s Computational Power Falls 9.95% After Record Hashrate

Recent metrics reveal that after Bitcoin’s network hashrate… More...

August 21, 2024

Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low

While Bitcoin is widely recognized as a proof-of-work (PoW) network,… More...

August 15, 2024

Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable

Bitcoin miners are expanding their hashing capacity, reaching new… More...

June 13, 2024

Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings

Bitcoin’s hashrate experienced an uptick this week, briefly… More...

May 11, 2024

Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest Halving

Based on the three-day simple moving average, Bitcoin’s… More...

May 6, 2024

Bitcoin Runes reclaims dominance over BTC transactions

Runes made a recovery to account for the lion’s share of transactions… More...

May 6, 2024

Bitcoin mining revenue hits post halving yearly low

Daily revenue from Bitcoin mining dropped to under $3 million as opposed… More...

April 16, 2024

Bitcoin miner stocks drop on ‘unsubstantiated’ post-halving profit fears: Analyst

Blockware Solutions analyst Mitchell Askew says fears around post-halving… More...

April 3, 2024

Once unprofitable BTC miners are turning their machines back on — Analyst

These once-unprofitable Bitcoin miners may have contributed to … More...

April 3, 2024

Bitcoin miner bankruptcies will be less common this time around — Hut8 CEO

A slew of Bitcoin miners filed for bankruptcy in the crypto winter … More...

April 3, 2024

Bitcoin miner bankruptcies will be less common this time around — Hut8 CEO

A slew of Bitcoin miners filed for bankruptcy in the crypto winter … More...

December 26, 2023

Bitcoin hash rate hits new peak, but profitability tumbles

Bitcoin network hash rate has reached a new all-time high of over 540… More...

August 24, 2023

S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment

On Monday, S&P Global Ratings slashed ratings for five U.S. regional… More...

August 14, 2023

Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy

A new study suggests bitcoin mining could actually help drive the … More...

August 7, 2023

Hydro Expansion: Bitfarms Begins 50 MW Bitcoin Mining Farm Buildout in Paraguay

Bitfarms Ltd. has started development on a new 50-megawatt (MW) Bitcoin… More...

July 9, 2023

Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction

According to data recorded on July 9, 2023, Bitcoin’s next… More...

June 30, 2023

Bitcoin Cash Hashrate Gains Momentum: Miners Flock to BCH as Profitability Surges

Over the past two weeks, bitcoin cash has experienced a significant… More...

June 11, 2023

If Microstrategy Chose ETH Over BTC, the Firm Would Be up 54% and Ahead by More Than $2B, Data Reveals

At 1:19 p.m. Eastern Time on Sunday, June 11, 2023, Microstrategy,… More...

May 24, 2023

ASIC Heavyweights: These Are the Most Profitable Proof-of-Work Algorithms in 2023

Eight months ago, there was a significant transformation in the realm… More...

May 19, 2023

Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak

On May 18, 2023, at block height 790,272, Bitcoin’s difficulty… More...

May 16, 2023

Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed

According to statistics from mid-May 2023, 18 different application-specific… More...

May 8, 2023

What is the risk/reward ratio in cryptocurrency trading, and how to use it

Risk/reward ratio is a measure to determine potential profit against… More...

May 5, 2023

US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls

Recent data reveals that while the banking industry in the U.S. is … More...

April 11, 2023

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

On Tuesday, the bitcoin mining company Cleanspark announced that… More...

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