Tag Archives: bitcoin miner

Underdog Bitcoin Miner Bags $210,000 BTC In Stunning Block Discovery

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A 33-day dry spell for solo Bitcoin miners ended last week when one small operator cracked a block that, statistically, should not have been cracked for decades. One Miner, One Block, One Very Long Shot The winning miner earned 3.139 BTC — worth roughly $210,000 — after successfully validating block 943,411 on April 3. The… Continue reading Underdog Bitcoin Miner Bags $210,000 BTC In Stunning Block Discovery→

Bitcoin Miner Selling Pressure Drops To Near Three-Year Low

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Bitcoin miner selling pressure has fallen sharply, with BTC inflows from miners to Binance dropping to levels not seen since mid-2023. The shift matters because miner distribution is one of the market’s more persistent sources of structural sell-side pressure, and the latest data suggests that pressure has eased for now. In a post via X… Continue reading Bitcoin Miner Selling Pressure Drops To Near Three-Year Low→

Bitcoin Miners’ AI Shift May Create New Overhang, Lekker Capital CIO Warns

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Lekker Capital CIO Quinn Thompson argues on X that collapsing mining economics, combined with a growing shift by public miners toward AI and high-performance compute, could turn corporate BTC treasuries into a fresh source of market supply. “A large underappreciated headwind for Bitcoin is the disaster that which is mining economics. The only way this… Continue reading Bitcoin Miners’ AI Shift May Create New Overhang, Lekker Capital CIO Warns→

Bitcoin Miner Distribution Re-Emerges: BTC Enters A Fragile Price Phase

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Bitcoin has managed to reclaim the $88,000 level, offering a brief sense of stability after weeks of choppy price action. However, the broader picture remains fragile. Since early December, BTC has repeatedly failed to push above the $90,000 threshold, a level that continues to cap upside attempts and reinforce market hesitation. Adding to the cautious… Continue reading Bitcoin Miner Distribution Re-Emerges: BTC Enters A Fragile Price Phase→

Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy

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According to the on-chain analysis platform Lookonchian, a long-dormant Bitcoin (BTC) wallet dating back to April 2010, recently transferred 50 BTC, equivalent to $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives As reported by Lookonchian, 50 BTC mined over 14 years ago, when each block reward was 50 BTC, was divided into two… Continue reading Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy→