miners – Mcafee

Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive

Posted on May 16, 2024 by ante — No Comments ↓

The post-halving world of Bitcoin continues to throw curveballs. After a hashrate surge to celebrate the block reward reduction in April, Bitcoin’s computational power has taken a nosedive, dropping 20% in recent weeks. This unexpected decline has ignited a debate among analysts, with some sniffing out a fire sale and others urging caution. Bitcoin: Hashrate… Continue reading Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive→

Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving – Here’s Why

Posted on April 15, 2024 by ante — No Comments ↓

The Bitcoin Halving is set to take place this week. Miners’ rewards will be cut in half from 6.25 BTC to 3.125. This event is expected to have far-reaching effects on the miners themselves, as they are bound to lose a significant amount of revenue once the halving occurs. Bitcoin Miners Could Lose Up To… Continue reading Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving – Here’s Why→