Bitcoin’s hashrate has picked up speed, adding 88 exahash per second (EH/s) over the past 11 days after falling to 810 EH/s …
Profitability
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Mining
Bitcoin Mining Profitability Increased by Almost 20% in May, Jefferies Says
by shayaanby shayaanBitcoin BTC$105,283.79 mining profitability rose by 18.2% in May, due to a 20% increase in the BTC price and a modest 3.5% …
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The total market cap of the 13 U.S.-listed miners that JPMorgan tracks rose almost 20% in May, as bitcoin BTC$104,157.04 rallied and …
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Analysis
XRP’s profitability surges over 90%, outpacing Ethereum, Chainlink, and others
by shayaanby shayaanMore than 90% of XRP’s supply is currently profitable, even though the token’s price has remained relatively flat for the past three …
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Mining
Bitcoin Mining Profitability Fell in April as Network Hashrate Rose: Jefferies
by shayaanby shayaanBitcoin BTC$106,546.31 mining profitability fell in April as the network hashrate rose, investment bank Jefferies said in a research report Tuesday. “BTC …
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The Bitmain Antminer L7 is an ASIC crypto miner specialized for the Scrypt algorithm, which is used to mine the popular cryptocurrencies …
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Mining
Bitcoin Mining Profitability Down 7.4% in March as Prices, Transaction Fees Fell: Jefferies
by shayaanby shayaanBitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research report Friday. The drop was due to …
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Markets
Bitcoin Mining Profitability Rose in December for Second Month in a Row: JPMorgan
by shayaanby shayaanBitcoin (BTC) miners’ daily revenue and gross profit rose for the second consecutive month in December, hitting the highest levels since April, …
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Bitcoin (BTC) daily mining revenue and gross profit rose in November as the world’s largest cryptocurrency hit record highs, but it is …