Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, t...
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
Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading str...
Bitcoin Bull Cycle Peak Could Be Driven by Global ETF Demand
Cryptoquant founder Ki Young Ju says bitcoin’s current bull cycle could peak as institutions and ETFs expand beyond the United Sta...
Kraken builds comprehensive wallet for onchain financial life
Kraken's wallet evolution signifies a shift towards integrated onchain services, challenging traditional exchanges and enhancing u...
RedStone powers onchain NAV data for savUSD on Stellar, unlocking DeFi collateral for a $3B RWA market
RedStone's integration enhances Stellar's DeFi ecosystem, enabling broader asset utilization and reducing risks in the rapidly gro...
CoinShares reports $2B in crypto ETP inflows as AI revenue for Bitcoin miners could hit 70%
Bitcoin miners' shift to AI and HPC highlights a strategic pivot, reshaping industry dynamics and investor confidence in crypto ma...
Tokenized Nvidia Priced Its Earnings While the Nasdaq Was Closed, Aerodrome’s CEO Says
The tokenized version of Nvidia stock did something the real one could not on Wednesday night: it kept trading after the Nasdaq cl...