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Bookmarking Crypto InsightsMon, 07 Feb 2022 14:30:53 +0000en-US
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3232The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production
https://www.digit.info/the-miner-capitulation-number-a-look-at-when-bitcoins-price-crashed-below-the-cost-of-production/
Mon, 07 Feb 2022 14:30:53 +0000https://www.digit.info/2022/02/07/the-miner-capitulation-number-a-look-at-when-bitcoins-price-crashed-below-the-cost-of-production/Read more]]>Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However, bitcoin mining is still profitable, in contrast to ten years ago, when […]
Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However, bitcoin mining is still profitable, in contrast to ten years ago, when […]