Dogecoin [DOGE] had an incredible start this year, bringing a record number of miners to its network. DOGE’s all-time mining revenue hit a new peak at $1 billion in the month of November, according to the latest stats provided by data analytics platform, Coin Metrics. Earlier on November 13, 2021, the total all-time miner’s profit exceeded […]
miners
Are Bitcoin [BTC] Miners gearing up for a big bull run?
The battle for $50k continues as Bitcoin [BTC] takes a breather from making any significant moves. For miners, on the other hand, it has been an interesting year. From Bitcoin’s abrupt sell-off to the Chinese exodus, BTC miners have been on the receiving end of significant changes this year. According to the latest stats, miners […]
Bitcoin Miner Holdings Appears To be Wanning; Here’s Why
Bitcoin miners have been Holding Bitcoins for quite some time now. The increased bullishness in the market that materialized in the next couple of months. However, on-chain metrics depicted a change in this trend. According to the latest report by CoinMetrics, the network miners have been holding less Bitcoin of late. Meaning, that the percentage […]
Dogecoin Clinches Top Position Among Most Profitable Altcoins to Mine
An altcoin that only started as a meme/joke coin in 2013, is gaining traction as one of today’s most speculated coins. Apart from its price rallying upwards by extreme percentages, Dogecoin sets itself apart as a profitable altcoin for miners. The original design of Dogecoin was inflationary, and this is the main factor in the […]
Bitcoin Price Needs To Be Higher Than $7000 For Miners To Have a Profitable Post Halving
It has only been 3 months into 2020 and Bitcoin has already witnessed a turbulent time in the digital asset space. However, a major event which is yet to commence in 2020 is the Bitcoin halving. Bitcoin halving is one of the mechanisms in the BTC code, which is irreversible and inevitable. Bitcoin’s anonymous developer, […]