This article examines whether cryptocurrency mining, specifically for Bitcoin (BTC) and Ethereum (ETH), is still profitable in 2023 given concerns over energy efficiency and environmental impact.
For the first time, Solana has outperformed Ethereum by achieving a daily economic value above $2.2 million, indicating a significant milestone for the cryptocurrency.
The Bitcoin mining hashrate has fallen by 11% recently, hitting a 3-year low in miner profitability, with the cryptocurrency community commenting on the stressful conditions for Bitcoin miners.
Dogecoin experiences a potential surge, with recent data indicating increased profitability for over 5 million wallet addresses, signalling a strong altcoin comeback.
The recent Bitcoin halving has led to increased mining costs, making miners wary about the future profitability of their operations. This update marks a first in Bitcoin's history, highlighting the economic adjustments miners need to face post-halving.
Bitcoin miners are experiencing a significant decline in profitability as the hash price has dropped to its lowest point since October 2023.
This article explores the implications for Bitcoin miners and the Bitcoin network once the final block reward has been mined, raising questions about network security and miner profitability.
Post-halving, Bitcoin miners have maintained profitability due to the introduction of Runes.
Ripple is launching a USD-backed stablecoin, inspired by Tether's lucrative $6.2 billion earnings in 2023, to compete in the stablecoin market.
