Bitcoin Miners’ Revenue Fell 4.23% in September as Difficulty Hike Nears

Bitcoin miners had a modest September slump, watching revenue shrink 4.23%—that’s $69 million gone compared to August’s haul. September Slide for Bitcoin Mining Revenue At the time of publication, hashrateindex.com data shows the spot valuation of one petahash per second (PH/s) of SHA256 hashrate stands at $52.10—a modest decline from the $53.15 figure documented on … Read more

‘Hockey Stick Growth’: Coinbase Hits $1B in Onchain Loans, Brian Armstrong Sets $100B Target

Coinbase just dropped the mic on X: $1 billion in onchain loans using bitcoin as collateral. CEO Brian Armstrong’s already eyeing a 100x leap to $100 billion. DeFi Credit Explodes, Billions Flow Into Onchain Lending On social media, Coinbase and Brian Armstrong announced that the company has facilitated $1 billion in onchain loans, with bitcoin … Read more