Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.
Category: Bitcoin Miners
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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.
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Bitcoin miners send record $128M in revenue to exchanges
Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react.
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Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving
The new rigs will add 7.6 EH/s to the firm’s self-mining capacity, but won’t be installed until the first quarter of 2024.
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Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

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Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023

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Nifty News: BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more
Bitcoin transaction fees from Ordinals inscriptions have exploded by 240% over the last month.
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Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate

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Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs

Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest Mining Expansion
Bitcoin mining company, Iris Energy, announced plans […]
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Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises

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