News with the tag "Bitcoin Miner Revenue"

On-chain data shows the Bitcoin Puell Multiple has dipped into the “undervalued” territory for the first time in more than a year. Bitcoin Puell Multiple Has Observed A Plunge Recently As an analyst in a CryptoQuant Quicktake post pointed out, the BTC Puell Multiple has fallen recently. The Puell Mu...

Data suggests the hype around the new Bitcoin Runes has severely dropped, something that’s not a good sign for miner revenues. Bitcoin Halving Effect Settles In On Miner Revenue As Runes Interest Drops A few days back, the much-anticipated Bitcoin Halving went through. Halvings are periodic events c...

On-chain data shows the Bitcoin miner revenue percentage from the fees has exploded recently. Here’s what’s behind this sharp growth. Bitcoin Runes Have Caused A Sudden Shake-Up In Miner Revenues A couple of days ago, the much-anticipated fourth Halving, a periodic event taking place roughly every f...

On-chain data shows the Bitcoin difficulty has seen a drop in the latest network adjustment, suggesting the miners have stopped their expansion. Bitcoin Difficulty Drops 1% As Hashrate Remains Flat The “difficulty” is an in-built feature of the Bitcoin network that controls how hard the miners would...

The seven-day moving average of miner revenue rose to $68.35 million on Sunday after hitting a record high of $68.28 million the day before.

Bitcoin Ordinals inscriptions surged, fueling miner revenue and fees. Yet, a recent decline leaves their future impact on the network's financial landscape uncertain.

As of 21 June, BTC was experiencing a positive change as its price was witnessing some bullish action. However, what was alarming was that BTC miners were moving their BTC to exchanges.

Despite declining revenue, Bitcoin miners exhibit resilience and profitability, while a negative Netflow indicates a preference for holding rather than selling amidst market fluctuations.

As Inscriptions surge on the Bitcoin network, generating substantial volumes and fees, miners reap the benefits.

Bitcoin miners have been raking in historically high amounts of transaction fees recently, but on-chain data shows this cohort still isn’t selling. Bitcoin Miners Haven’t Transferred Much Volume Towards Exchanges Recently The transaction fees on the Bitcoin network have shot up recently because of t...