📢 Check out our latest Weekly Wrap! Miners’ selling pressure is easing with reserves at a 10-year low of 1.9M BTC 📉. Additionally, Bitcoin’s mining difficulty is set to drop by 5%, a boon for miners’ profitability 💰. Dive into the details here: https://lnkd.in/gzXZVuej #21Shares #CryptoNews #BTC
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The key difference between cryptocurrencies and gold and fiat is in terms of difficulty of mining and ease of movement. Gold is hard to mine, hard to move! Fiat - easy to mine, easy to move! Bitcoin is hard to mine, easy to move!
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📈 Bitcoin mining firm Grid starts trading its common stocks and warrants on Nasdaq Global Market today, with 'GRDI' for common stock and 'GRDIW' for warrants, as per Globe Newswire. 💱📊 #Bitcoinworld
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#Bitcoin💲Analyst🔥. Follow me for the Market Update 📈📉 Good Alts coin setup. (You can hire me for your Crypto page on Twitter / Instagram. I will send daily updates of #Bitcoin as well as Alts coin.
August 1, Bitcoin mining difficulty reached an all-time high after a +10.5% adjustment. In absolute terms, this was the largest difficulty increase of all time. In % terms, this was the 24th biggest increase since 2016, the 73rd biggest since 2012, the 119th of all time.
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In our latest #AMINADeepDive we take a close look at the current state of bitcoin. 👇 📌 Bicoin ETFs 📌 Mining 📌 Halving You can read the full thread on our X 🔗 https://lnkd.in/g8qQwZb9
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AMINA Bank dives into the latest on Bitcoin, noting a shift in investor sentiment with $66 million flowing into spot Bitcoin ETFs while $258 million was withdrawn from GBTC. The surge in Bitcoin spot ETFs, rising from 18% to 26% in one day, signals a strong recovery post-FTX liquidation, contributing to Bitcoin's 10% gain. Bitcoin's recent 20% appreciation over three months, independent of traditional assets, is attributed to U.S. approval of spot BTC ETFs. A key focus is the rising Bitcoin hash rate, indicating network security and potential impact on Bitcoin's value. #Bitcoin #AminaBank #HashRate
In our latest #AMINADeepDive we take a close look at the current state of bitcoin. 👇 📌 Bicoin ETFs 📌 Mining 📌 Halving You can read the full thread on our X 🔗 https://lnkd.in/g8qQwZb9
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Current Mining ⛏️⚡️outlook: Hashrate 📈 Difficulty 📈 Public Mining Stocks 📈 Hash Price 📉 With the new block reward of 3.125 and BTC price dipping, we’re seeing hash prices drop, as difficulty and global hashrate increase. The question on all miners’ minds — How long will these trend last? #bitcoinmining #bitcoin
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Founder of Digital Mining Solutions | Helping Bitcoin miners start, grow and optimize | Strategic Business Advisor & Market Analysist
Earlier today network difficulty saw an increase of 8.24%, marking a record high of 81.73T. Strong BTC price action pushed hashprice up to $91/PH/Day two days ago, but the difficulty increased forced hashprice back to $83/PH/Day. #bitcoinmining #bitcoinnews #bitcoin Digital Mining Solutions
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【Bitcoin mining difficulty has increased by 7.33% to 75.5 T, reaching a new historical high】 According to BTC.com data, the #Bitcoin mining difficulty underwent an adjustment at block height 828,576 (February 2nd, 2024 at 23:42:06), with the mining difficulty increasing by 7.33% to 75.50 T, reaching a new all-time high. The current average network hashrate is 552.92 EH/s.
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