Mining
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Recent Bitcoin Miner Troubles Could Be Bullish for BTC Price
Bitcoin’s hashrate fell 4% over the month to Dec. 15, which could be a positive sign for the cryptocurrency’s price in the months ahead as miner capitulation is “historically a bullish contrarian signal,” VanEck analysts […]
Bitcoin miners are bleeding at $90,000, but the “death spiral” math hits a hard ceiling
Bitcoin’s “miners are dumping” story is comforting in the way simple stories always are. Price slides, miners run out of oxygen, coins hit exchanges, and the price is shoved around by a single, easy villain. […]
Why Tajikistan Is Cracking Down on Crypto Mining and Power Theft
Key takeaways Tajikistan has criminalized the use of stolen electricity for cryptocurrency mining, introducing fines of up to $8,250 and prison sentences of up to eight years. The move follows an energy crisis in which […]
How Cheap Power Made Libya a Bitcoin Mining Hotspot
Key takeaways Libya’s cheap, subsidized electricity made it profitable to run even older, inefficient Bitcoin miners. At its peak, Libya is estimated to have generated around 0.6% of the global Bitcoin hash rate. Mining operates […]
