Price: $0.31708 -4.3164%
Market Cap: 46.72B 1.4031%
Volume (24h): 2.77B 0%
Dominance: 1.4031%
Price: $0.31708 -4.3164%
Market Cap: 46.72B 1.4031%
Volume (24h): 2.77B 0%
Dominance: 1.4031% 1.4031%
  • Price: $0.31708 -4.3164%
  • Market Cap: 46.72B 1.4031%
  • Volume (24h): 2.77B 0%
  • Dominance: 1.4031% 1.4031%
  • Price: $0.31708 -4.3164%
  • Dec / 05
    • Dogecoin Mining Surges: ASIC Miners Hit Record Profits
      Dec 05, 2024 at 07:24 pm ETHNews
      Dogecoin's recent price surge has reignited mining profitability, with ASIC miners generating record earnings. Bitmain's Antminer L9 17.6Gh, with a net profit of $57 daily, leads the pack of profitable Dogecoin ASIC miners, followed by VolcMiner D1, ElphaPex DG1+, and DG1. Additionally, ASICs can mine other currencies like Litecoin, though profitability remains lower for LTC mining.
  • Nov / 14
    • Bitcoin Miners Cash In as BTC Soars Past $90K Milestone
      Nov 14, 2024 at 10:09 pm Todayq News
      Bitcoin prices have surged by 7% within the past 24 hours, surpassing the $90,000 mark. On-chain activity reveals significant profits being realized by investors. Market analysts predict continued upward momentum, but the $100,000 milestone could pose a challenge. Bitcoin miners have been cashing in on their holdings, and experts envision unprecedented heights by 2025.
  • Sep / 22
    • Massive Miner Sales—But Bitcoin Keeps Climbing! Will It Hit $70K Soon?
      Sep 22, 2024 at 09:43 pm ICOGemHunters
      Amidst fluctuating market signals, Bitcoin (BTC) maintains an upward trajectory, trading below $63,000 with a 124% year-to-date growth. Despite recent miner wallet outflows, a neutral impact on BTC's price is observed. The resilience of BTC is further evident with a price rise of 124% YTD while the Bitcoin hash price, indicating miner profitability, has declined by 97%. The approval of spot Bitcoin ETF options and significant BTC accumulation by spot Bitcoin ETFs contribute to Bitcoin's positive price performance, suggesting a disconnect between miner profitability and BTC's price.
  • Sep / 18
    • Miners Are the New Whales: Here’s How to Decode Their Moves
      Sep 18, 2024 at 05:39 pm Coin Edition
      In the realm of cryptocurrency trading, the traditional focus on whale activity is giving way to the significance of tracking miner balances. Analysts at Santiment emphasize the value of monitoring miners' actions as a refined indicator of market dynamics. By analyzing the supply held by miners, traders can gain insights into price trends, volatility, and market sentiment.
  • Aug / 20
    • China Takes Clear Stance Against Cryptocurrencies and Drives Out Miners
      Aug 20, 2024 at 08:01 am COINTURK NEWS
      Despite China's initial opposition to cryptocurrencies, it has not fully distanced itself from the industry. Hong Kong, a special administrative region of China, has been permitted to play a growing role in cryptocurrencies. Chinese investors continue to actively trade and hold cryptocurrencies, with a preference for the Binance exchange. Despite regulatory concerns, China's cryptocurrency market remains significant, with an estimated $86.4 billion worth of crypto transactions occurring between 2022 and June 2023.

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