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September Slump: Bitcoin Miners See 2024’s Lowest Revenue

According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s…

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Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just…

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Latam Insights: Paraguay Raises Bitcoin Mining Power Fees, Bolivia Praises Stablecoins as Dollar Proxy

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay raises bitcoin mining power fees, Bolivia talks…

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Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations

The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the…

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Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall

With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice,…

Continue ReadingBitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall