Hashrate Index 🟧⛏️ @hashrateindex
Bitcoin mining data + research by @LuxorTechnology | We demystify the metrics + trends that underpin the BTC mining industry. Newsletter: https://t.co/uUmKtsxwHy hashrateindex.com Seattle, WA 👉 Joined June 2020-
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Hashprice continuing to print new lows around $52.43/PH and hashrate is dropping off as expected, bottoming around 630 EH/s on the 3 day SMA. Miners definitely feeling the crunch at these levels. h/t @hashrateindex
Our Hashprice Index featured on the most recent episode of @theMiningPod👀 Great breakdown on why fees pumped -- then dumped -- and why hashprice is treading in all-time low territory right now👇
Our Hashprice Index featured on the most recent episode of @theMiningPod👀 Great breakdown on why fees pumped -- then dumped -- and why hashprice is treading in all-time low territory right now👇
ASIC prices are on a downtrend! j Pros, and M30S+ prices are down 28%, and 35% respectively. Ironically, the best times to scoop rigs is when their prices are falling. Get yours: go.luxor.tech/asic-miner
Thanks to Luxor Firmware hundreds of miners post-halving are avoiding shutting down a part of their #Bitcoin mining farms! Get LuxOS: luxor.tech/firmware ‹‹
#Hashprice has fallen off a cliff the past 24 hours. A S19J Pro being hosted at $0.075/kWh has a break-even hashprice of $53.10. With hashprice currently at $57.20, margins for these miners are razor-thin, so it's likely we see hashrate come offline in the near future. #BTC
#Bitcoin miners mined a record 1,718.73 BTC from April 19 through April 21. That's $114,384,129 at an average price of $66,500! For comparison, miners earned $797.7 million from transaction fees in all of 2023.
Insane that we're going to see a positive difficulty adjustment even after a halving. #thxdegens
NEWS: #Bitcoin Hashrate falls 5% post-halving to 622 EH/s
Transaction fees rebounding a bit from the post-halving low. Still running substantially higher than most models forecast. #bitcoin
Coinbase used @LuxorTechnology LuxOS for their mining video, see those logs 😉
Coinbase used @LuxorTechnology LuxOS for their mining video, see those logs 😉
As predicted, Spot Hashprice is over $170! Wish we could see it stay here for a few days/weeks, but it’s likely we see this come down below $100 in the next 24 hours.
Steve Barbour @SGBarbour
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33K Followers 478 Following HIVE Digital Technologies Ltd. | $BTC | #AI infrastructure for the #Web3 digital transformation | NASDAQ: $HIVEHashprice continuing to print new lows around $52.43/PH and hashrate is dropping off as expected, bottoming around 630 EH/s on the 3 day SMA. Miners definitely feeling the crunch at these levels. h/t @hashrateindex
Mining is dead. Long live mining!
ASIC prices are on a downtrend! j Pros, and M30S+ prices are down 28%, and 35% respectively. Ironically, the best times to scoop rigs is when their prices are falling. Get yours: go.luxor.tech/asic-miner
Thanks to Luxor Firmware hundreds of miners post-halving are avoiding shutting down a part of their #Bitcoin mining farms! Get LuxOS: luxor.tech/firmware ‹‹
#Hashprice has fallen off a cliff the past 24 hours. A S19J Pro being hosted at $0.075/kWh has a break-even hashprice of $53.10. With hashprice currently at $57.20, margins for these miners are razor-thin, so it's likely we see hashrate come offline in the near future. #BTC
Time to sell some heat. @BraiinsMining
Squeeeeeeze
In case you missed it: Ep. 5 - Bitcoin Halving, Fee Market Bonanza, 66k BTC
#Bitcoin miners mined a record 1,718.73 BTC from April 19 through April 21. That's $114,384,129 at an average price of $66,500! For comparison, miners earned $797.7 million from transaction fees in all of 2023.
Insane that we're going to see a positive difficulty adjustment even after a halving. #thxdegens
NEWS: #Bitcoin Hashrate falls 5% post-halving to 622 EH/s
If Hashprice remains above $60/PH/Day, older generation miners like the S19j Pro will remain slightly profitable at $0.08/kWh
@coinbase Shoutout LuxOS logs! @LuxorTechnology
Are Hashrate Derivatives the next big thing in #Crypto? Let's find out live now on #TheCryptoRundown with guest @TradingOnions from @LuxorTechnology at mixlr.com/options-insider for members. Show also available today for everyone on all major #podcast platforms.
@hashrateindex Good for the miners who will never turn off!
#Bitcoin miners should consider LuxOS post-halving in one chart: