Bitcoin miners see 3x profit margins despite higher network difficulty
Glassnode’s Difficulty Regression Model estimates the cost to mine a single BTC at approximately $33,900.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Glassnode’s Difficulty Regression Model estimates the cost to mine a single BTC at approximately $33,900.
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 CointelegraphRelated market context
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...
Sui’s Hashi Bitcoin Finance Network Launches With More Than $500 Million Committed
TL;DR: Hashi, Sui’s native Bitcoin finance infrastructure, will begin a phased mainnet rollout later this month with more than $50...
Bitcoin’s slide below $81,000 exposes why a Fed pause may not save the crypto market
Bitcoin slid below $81,000 on Oct. 8, with an intraday low near $80,800, even as traders expect the Fed to hold in October. The Se...
WhiteBIT Integrates Lightning Network for Fast and Cheap Bitcoin Transactions
Bitcoin Magazine WhiteBIT Integrates Lightning Network for Fast and Cheap Bitcoin Transactions The Lightning Network continues to...
Strategy shareholders face dilution drag despite brighter bitcoin forecasts, TD Cowen says
TD Cowen kept its $260 price target on Strategy (MSTR) as dilution limits the benefit of higher bitcoin forecasts.
UK sanctions crypto platforms suspected of supporting Russian financial networks
The UK sanctioned Cryptomus, Heleket and TokenSpot in a Russia sanctions package, with TRM Labs identifying links to Grinex and Ga...