ASIC Bitcoin Miners Are Back in Profit Mode—Here’s What They’re Making Daily
With bitcoin climbing 14.6% over the past 30 days, miners are raking in higher earnings. The going rate for 1 petahash per second (PH/s) of hashpower now floats around $60.49, padding profits for some of the top applicat...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Citi predicts Bitcoin going back to $113,000. Here’s what the buying data shows
Citi's $113,000 Bitcoin target would require a roughly 36% rise from the Oct. 7 reference price, keeping it below its previous rec...
Bitcoin’s failed breakout reveals a dangerous mix of thin volume and easy profits
Bitcoin has fallen nearly 5% this week as weak trading volume and profit-taking blunt attempts to reclaim $85,000. The largest cry...
Securitize Rolls Out 1:1-Backed Tokens of Apple, Nvidia and 10 Other U.S. Stocks on Solana
Securitize launched Securitize Stocks on Thursday, a line of tokenized U.S. equities for eligible investors in the U.S., the Europ...
James Van Straten: BTC Bull Market Has Begun – Rotation from Gold Driver Back to $126K
Bitcoin Magazine James Van Straten: BTC Bull Market Has Begun – Rotation from Gold Driver Back to $126K Where will the money for B...
Metaplanet Sold 10,000 Bitcoin, Then Bought 11,000 Back. Here’s Why
TL;DR: Metaplanet disclosed that it sold 10,000 BTC during the third quarter for roughly $790 million before buying 11,000 BTC for...
XRP Whales Dominate Exchange Outflows as Bitcoin Shorts Rise on Hyperliquid
The contrasting flows highlight a market where some large investors are moving XRP away from exchanges even as leveraged traders p...