Bitcoin miners need BTC price over $98K by the halving — Analysis
To avoid being in the red, publicly-listed Bitcoin mining companies will need the BTC price to be at least $98,000 by the 2024 halving.
To avoid being in the red, publicly-listed Bitcoin mining companies will need the BTC price to be at least $98,000 by the 2024 halving.
Original source
Read on CointelegraphRelated market context
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Bitcoin Trader Says Retail Will Return After A Sudden 20% BTC Candle
TL;DR X trader Cup says Bitcoin may be in a quiet accumulation phase before a larger move. The post claims retail traders could re...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Trump to discuss Strait of Hormuz demining at G7 summit as crypto enters the maritime conflict
The G7 summit discussions on demining the Strait of Hormuz could reshape global trade security and influence crypto's role in geop...