Bitcoin (BTC) miners enjoyed another strong month in July, with profitability reaching the highest level since the last halving event, Wall Street bank JPMorgan (JPM) said in a research report Friday. “Bitcoin miners earned an average of $57,400 per EH/s in daily block reward revenue in July, up 4% from June, representing the highest level … Read more
Bitcoin, the first cryptocurrency ever invented, is the most expensive crypto asset that’s currently reigning over the sector since its inception in 2009. At the time of its creation, its anonymous creator known by the pseudo name Satoshi Nakamoto had capped the total supply of Bitcoin at 21 million tokens. This essentially means that no … Read more
The Bitcoin ecosystem is gearing up for its fourth halving event, slated to take place in the next two weeks. In the backdrop of this upcoming significant development in the ecosystem, bitcoin miners have begun offloading their crypto holdings in buslk. There are several factors behind this BTC selling spree seeding from the mining community, … Read more
Bitcoin is set to undergo its fourth halving process between April 18 and April 21. There can only ever be 21 million tokens of Bitcoin. At present, over 19.6 million BTC tokens are already in circulation. Satoshi Nakamoto, the anonymous founder of Bitcoin added pre-programmed halving to the network in order to slow down the … Read more
The crypto chart mostly reflected losses on Friday, April 19. Bitcoin, for instance, is trading at $61,815 (roughly Rs. 51.6 lakh) having recorded a loss of 0.23 percent. This is Bitcoin’s trading value in India, as per the crypto price tracker by Gadgets360. On international exchanges like Binance, Bitcoin is trading at $62,160.14 (roughly Rs. … Read more
A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely. The once-every-four-years event cut in half the so-called mining reward, which is the amount of Bitcoin released from the network to compensate companies … Read more
Bitcoin on Monday, April 22 joined majority cryptocurrencies on the loss side of the crypto chart. The value of the asset, at the time of writing, stood at $62,734 (roughly Rs. 52.3 lakh) after minting a profit of 2.20 percent as per Gadgets360’s crypto price tracker. On international exchanges like Binance, however, Bitcoin is trading … Read more