Tag: public miners

Sep 07 2022

Bitcoin Miner Margins Get Squeezed As Price, Hash Rate Diverge

While most miners are struggling to hold bitcoin in their treasuries, some are leveraging strong financials to expand operations.The bitcoin mining industry continues to exhibit a broad range of activity stretching from rapid expansion to extreme capitulation as the price of bitcoin falls below $19,000 amid...

Aug 17 2022

By the Numbers: The Signs Bitcoin Miners Are Done Selling

Selling pressure had been mounting on public bitcoin miners over the last couple of months. This was a direct result of the decline in the price of the digital asset, which saw the cash flow for bitcoin miners plummet significantly. It came out to an over 60% decline in profitability, and given that miners continue to incur ongoing expenses, they had to look...

Aug 01 2022

As Bear Market Persists, Public Miners Struggle To Outperform Bitcoin Price

Nearly all publicly-traded bitcoin mining companies have failed to outperform bitcoin year to date as the bear market continues.Public bitcoin mining companies have been an unusually prominent fixture of the crypto market for the past couple of years as investors, media and regulators observe their financial growth and operational expansions. While...

Jul 30 2022

In Order To Be Successful, Bitcoin Miners Face A Trilemma Of Variables

Three key factors come into play when bitcoin mining companies are trying to not only be profitable, but just to stay afloat during bear markets.This is an opinion editorial by Bob Burnett, the founder and CEO of Barefoot Mining.It would be fair to say that I entered the world of bitcoin mining through the backdoor. Prior to 2017, I’d had limited...

Jul 28 2022

Bitcoin Hash Rate Plummets From All-Time High

Does hash rate fall this significantly often? Miner monthly revenue nears 2017 levels. Hash price is now 48% up from the lows. Is this a mining death spiral?...

Jul 27 2022

By The Numbers: The Most Undervalued Bitcoin Mining Stocks

Bitcoin mining stocks really gained prominence in 2021. Due to the increase in the price of the digital asset, mining profitability shot up, and investors used this as a way to gain exposure to the market. As the market has retraced, though, the mining stocks have struggled. However, they continue to be in operation, and data shows that some of these bitcoin mining...

Jul 22 2022

Three Bitcoin Mining Downward Difficulty Adjustments In A Row

This will be the third mining difficulty downward adjustment in a row with four downward adjustments over the course of the last five difficulty epochs.The below is a direct excerpt of Marty's Bent Issue #1240: “Another downward difficulty adjustment is on the way.” Sign up for the newsletter...

Jul 13 2022

Is The Bitcoin Price Bottom In? Here’s What Hash Ribbons Tell Us

The bitcoin price tends to be cyclical, and we’re all trying to time the bottom. Can hash ribbons be the metric that predicts it?The question of whether the bitcoin price bottom is behind us is on the minds of many investors who are poised with the challenge: buy the dip or wait for a bigger one?Financial predictions are seldom accurate, and...

Jul 08 2022

Here’s The Large Public Bitcoin Miner That Has Refused To Succumb To The Bears

Over the last several months, the market has watched bitcoin miner profitability plummet to new lows. These miners who are dependent on the BTC gotten from their mining activities have found themselves in a tight spot as the price of bitcoin has suffered. The result of this has been multiple miners selling off their BTC holdings to raise money to keep their operations...

Jul 06 2022

Will Marathon Digital Join Other Miners In Selling Bitcoin? CEO Weighs In

Marathon Digital is among the few miners to not have sold any of its bitcoin treasury during the latest market crash, but how long will that last?Bitcoin miners have historically sold BTC as they produced it to cover operating costs. But over the past couple of years a “HODL” strategy has permeated the industry as participants have opted to pay off expenses...

Public Miners Start Selling Bitcoin Treasuries

As June monthly production updates roll out over the next week, Core Scientific and Bitfarms have both sold nearly 50% or more of their bitcoin treasuries....

May 24 2022

The Performance Cycle Of Public Bitcoin Miners

Using a data-driven approach, it is possible to achieve significant return on investment with bitcoin miners, in both the public and private sectors....

May 11 2022

Bitcoin Mining Hash Price Hits Multi-year Lows

As hash rate and energy costs grow, bitcoin mining becomes less profitable and equipment is less cost-effective which impacts mining companies.The below is a direct excerpt of Marty's Bent Issue #1206: “Hashprice at lowest point since November 2020” Sign up for the newsletter...

Apr 26 2022

The Current State Of Public Bitcoin Mining

The trend of falling hash price will force weaker miners to unplug, find more efficient energy sources and/or sell off machines or bitcoin holdings.The below is a full, free excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to...

Mar 16 2022

Public Bitcoin Miners Are Increasing Hash Rates, BTC Holdings

Last month, the top public bitcoin miners increased their hash rates and bitcoin holdings.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: