Bitcoin Mining Pool ViaBTC Sells 'Epic' First Post-Halving Sat for $2.13M
The pool mined the first block after last week's halving, winning an "epic" sat in the process.
The pool mined the first block after last week's halving, winning an "epic" sat in the process.
The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.
The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.
Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said.
After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction.
The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a...
Bitcoin had slumped to as low as $59,685 on Friday morning, then rebounded heading into the event.
The launch of Casey Rodarmor's new Runes protocol sent fees surging as users rushed to etch new digital tokens that can be launched atop the Bitcoin blockchain.
IntoTheBlock data shows that the largest bitcoin investors added nearly 20,000 BTC to their holdings as the top crypto briefly buckled below $60,000 on fears of military escal...
These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.
Bitcoin's rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.
“Bitcoin is not going to change much,” says Ali. “Layer 2s are innovative and open to making rapid changes. After a while, it becomes part of their culture.”
With April’s “halving” set to cut mining rewards by half, Bitcoin miners are upgrading to more efficient mining machines, cutting costs, finding cheaper sources of power and...
Contrasting Bitcoin derivatives with Ethereum’s tells us a story around the potential opportunity for a post-halving rotation.
Higher fees from Ordinals and BRC-20 may be good for miners but they risk pushing activity to the fragmented world of L2s and harming adoption of Bitcoin around the world. Pro...
In the same way Bitcoin mining incentivizes more energy, cheaper energy and new energy, Bitcoin can also incentivize the building of more products, cheaper products and new pr...
Several months ago, the halving was expected to take place on April 28; now it's on track to land on April 19 or 20th, depending on time zone. Blame the surge in bitcoin's pri...
IntoTheBlock data shows that the largest bitcoin investors added nearly 20,000 BTC to their holdings as the top crypto briefly buckled below $60,000 on fears of military escal...
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.