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Difficulty Drop Incoming: Bitcoin Miners Catch a Break While Revenues Stay Ugly

Bitcoin’s miners just got hit with a one-two punch—price slipping under $71,000 and network difficulty preparing to ease up like a bouncer who suddenly stopped caring. Bitcoin’s Difficulty Dial to…

Continue ReadingDifficulty Drop Incoming: Bitcoin Miners Catch a Break While Revenues Stay Ugly

Bitcoin Difficulty Logs 11.16% Reduction, Largest Drop Since China’s 2021 Mining Crackdown

This weekend, the Bitcoin network logged its steepest difficulty cut since July 3, 2021—a moment that followed China’s sweeping ban on mining and trading, which triggered a sharp market sell-off…

Continue ReadingBitcoin Difficulty Logs 11.16% Reduction, Largest Drop Since China’s 2021 Mining Crackdown

Bitcoin Miners Hit ‘Shutdown Prices’ as Profitability Slumps to Multi-Month Low

Older and mid‑range mining rigs like the Antminer S19 XP+ Hydro, Whatsminer M60S and Avalon A1466I have reportedly already crossed shutdown thresholds, while even newer S21 units are nearing viability…

Continue ReadingBitcoin Miners Hit ‘Shutdown Prices’ as Profitability Slumps to Multi-Month Low

US Winter Storm Weighs on Bitcoin Mining Network, Cryptoquant Finds

Bitcoin mining took a direct hit from January’s U.S. winter storm, with Cryptoquant data showing sharp declines in hashrate, production, and miner revenue across the network. Bitcoin Mining Production Falls…

Continue ReadingUS Winter Storm Weighs on Bitcoin Mining Network, Cryptoquant Finds