The future of BTC mining and the Bitcoin halving
This week’s episode of Market Talks discusses the future of BTC mining and how miners can maximize profits, as well as the upcoming Bitcoin halving and its impact on the mining industry. Go to Source
Bitcoin Halving
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Bitcoin miners need BTC price over $98K by the halving — Analysis
To avoid being in the red, publicly-listed Bitcoin mining companies will need BTC price to be at least $98,000 by the halving next year. Go to Source Powered by WPeMatico
How will Bitcoin halving affect BTC price, and is DeFi dead?
Blockware Solutions account executive David Gamble told Market Talks host Ray Salmond that the crypto market will hit a $10 trillion market cap in the next few years. Go to Source Powered by WPeMatico
Bitcoin rally will lead to “speculative blow-off top” in 2024, Mark Yusko predicts.
BlackRock’s application for a spot Bitcoin ETF have kicked off the next Bitcoin bull run which will culminate in 2024 with a speculative parabolic run, according to Morgan Creek Capital CIO, Mark Yusko. Go to Source Powered by WPeMatico
Bitcoin miners raked $184M in fees in Q2, surpassing all of 2022
It’s been one of the most lucrative quarters for those that profit from Bitcoin transaction fees in nearly two years. Go to Source Powered by WPeMatico
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury
The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said. Go to Source Powered by WPeMatico
Standard Chartered Analyst: BTC to Surge by $20,000 if the US Defaults on Debt Obligations
Geoff Kendrick, the head of forex research at the banking institution Standard Chartered, recently said that the price of bitcoin is likely to jump by $20,000 in the event of the United States defaulting on its obligations. According to Kendrick, while bitcoin is likely to surge when the U.S. defaults, other cryptocurrencies like ethereum are … Read more
Bitcoin Halving Approaches: Less Than 400 Days Until Block Reward Subsidy Is Cut in Half
According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the block reward will be reduced by 50%, and the current block subsidy of 6.25 bitcoins will drop to 3.125 bitcoins per block post-halving. In addition to … Read more
Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward
The act of mining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years. Go to Source Powered by WPeMatico
What is a coinbase transaction?
A coinbase transaction is the first transaction created in each new block, and it has key features that differentiate it from other transactions. Go to Source Powered by WPeMatico
