Bitcoin Mining Profits Plunge Post-Halving
Launch App Tuesday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 07 May 2024 The daily revenue from Bitcoin mining has dropped below $3 million, a significant decrease from the daily average of roughly $6 million in the first four months of 2024. This decline can be […]
Bitcoin Miners Remain Resilient Despite Sharp Drop in Revenue
Launch App Wednesday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 01 May 2024 Despite a significant decrease in Bitcoin mining revenue since the halving event, CryptoQuant CEO Ki Young Ju reports that miners remain resilient without showing signs of capitulation. Following the April halving event, Bitcoin […]
Solo Bitcoin Miner Earns $200,000 for Validating Block 841,286
Launch App Monday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 29 April 2024 A single Bitcoin miner defied the odds by solving a block on their own, securing the entire 3.125 Bitcoin (BTC) reward worth approximately $200,000. On April 28, Con Kolivas, a software engineer and […]