The Bitcoin Mining Block Post

Bitcoin's price briefly dipped below $60K but hasn’t entirely broken down, despite ETF demand drying up. Explore whether the current decline in network hashrate signals a larger trend. After witnessing the biggest decline in difficulty since December 2022, can we expect more downward adjustments? Hashprice remains hovering at $50/PH/Day levels. How long did it take for hash price to recover after the 2020 halving? Uncover whether these dynamics align with market expectations in this week's...

Since the mining ban in China, Bitcoin mining has surged in the US. With over 50% of the North American hashrate situated in Texas, the state has emerged as the Bitcoin mining capital of the United States, and arguably, of the world. This week's article takes a close look at the mining industry in Texas, examining the extent of mining activity and the factors driving this robust growth. We will delve into the following topics: Massive Operational Capacity Home to Publicly Traded Companies 5...

After experiencing extraordinarily high profit margins due to surging transaction fees right after the halving, hashprice has plummeted to historic low levels. This puts many miners on the network in a tough position. But what consequences are we seeing in the market? Let's take a look at the impact of the free-falling hashprice. In this week's mining economics rundown, we will delve into the following topics: Bitcoin Price ETF Demand Drying Up Network Difficulty Transaction Fees Free Fall...

Many operators run Bitcoin mining hardware in harsh environments, where extreme temperatures, moisture, and dust can lead to miner failures. Effectively managing repairs is essential for running a profitable self-mining or hosting business. Whether considering 3rd party service providers, vertical integration, or a hybrid solution, this article aims to guide your decision-making process by delving into the following topics: Three Main Strategies 3rd Party Service Provider How to Identify a...

Happy belated halving day! It’s safe to assume that most Bitcoiners have recovered from their hangovers following the halving parties by now. However, for miners, the hangover came with a delay. Following the surge in transaction fees and the period of elevated margins, we’ve now returned to reality, though the impact of the halving is still manageable. This week, we’ll closely examine the first 100 blocks after the halving, focusing on the following topics: Dissecting the halving ViaBTC hits...

With the Halving happening in a couple of days, it's an exciting week. However, while many Bitcoiners are organizing parties, miners are holding their breath. Will BTC price break down? Will ordinal projects boost transaction fees and save the day? Will my mining fleet be efficient enough to stay profitable? In this week's mining economics rundown, we will delve into the following topics: Bitcoin Price Network Hashrate Difficulty Transaction Fees Hashprice Post-Halving Breakeven Hashprice...

Paraguay's abundant and inexpensive hydroelectric power makes it an attractive location for Bitcoin mining, attracting significant industry growth in recent years and hosting major players like Bitfarms and Marathon Digital. However, the rise of illegal crypto mining operations, which have led to power theft and disruptions in the electricity supply, has prompted lawmakers to consider a bill proposing a temporary ban on crypto mining and related activities. It's essential to recognize that...

The Bitcoin Mining Block Post Mining Economics Rundown Behind-the-meter Bitcoin mining refers to setting up Bitcoin mining operations at a location where electricity is generated. There are several benefits of behind-the-meter operations, both for miners and utilities. In this article I look into these benefits, but also elaborate on the challenges and what makes Bitcoin mining the ideal behind-the-meter load. What is Behind-the-Meter Mining? Why Mine Bitcoin Behind-the-Meter? Challenges of...