The Bitcoin network’s total computational hash rate has entered a notable downtrend since October 18th, reversing what has otherwise been a consistent multi-year climb. The hash ribbons indicator, ...
The shift has boosted miners’ stocks. The CoinShares Bitcoin Mining ETF has surged about 90% this year, a rally that has ...
Bitcoin (BTC) rallied to $91,950 on Wednesday as data showed the market sitting at a key inflection point. Data from Capriole Investments placed Bitcoin’s production cost near $83,873, while the ...
One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...