HavlingBitcoin
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**Bitcoin Miners Report Declines in Production Following Halving**
Stronghold Digital Mining saw a 47.1% drop in its monthly Bitcoin mining output to 82 BTC in May, down from 155 BTC in April. The company attributed the decline to the halving, which reduced block rewards from 6.25 to 3.125. Other major miners, including Cipher Mining, Marathon Digital, and SCleanspark, also reported significant declines in their Bitcoin output.
Cipher Mining's production fell 43.9% to 166 BTC, while Marathon Digital's output decreased 27.5% to 616 BTC. SCleanspark **Bitcoin Miners Report Declines in Production Following Halving**
Riot Platforms and Bitfarms also reported declines in their BTC output. The halving, which occurred on April 20, has led to a drop in block rewards, reduced transaction fees, and a decrease in the number of new miners entering the market.
Stronghold Digital Mining's revenue for the month came in at $5.2 million, a 46% drop from the previous month. The company's average hash price per TH/s decreased to $0.052, down from $0.095 in April.
Cipher Mining maintained positive cash flows and expanded its inventory and operation sites despite the decline in production. Marathon Digital held 17,857 BTC at the end of May and sold 390 BTC during the month.
The miner's hash rate, which measures the total computing power dedicated to mining, has also been affected by the halving. Stronghold Digital Mining reported an average hash rate of 1.2% of the network, partially offsetting the trend.
The decline in production is expected to continue in the short term as miners adjust to the new block reward structure and reduce their operational costs. However, some miners are already exploring ways to mitigate the impact of the halving, such as increasing the number of mining blocks won and optimizing their energy consumption.
#HavlingBitcoin #BTC☀
Stronghold Digital Mining saw a 47.1% drop in its monthly Bitcoin mining output to 82 BTC in May, down from 155 BTC in April. The company attributed the decline to the halving, which reduced block rewards from 6.25 to 3.125. Other major miners, including Cipher Mining, Marathon Digital, and SCleanspark, also reported significant declines in their Bitcoin output.
Cipher Mining's production fell 43.9% to 166 BTC, while Marathon Digital's output decreased 27.5% to 616 BTC. SCleanspark **Bitcoin Miners Report Declines in Production Following Halving**
Riot Platforms and Bitfarms also reported declines in their BTC output. The halving, which occurred on April 20, has led to a drop in block rewards, reduced transaction fees, and a decrease in the number of new miners entering the market.
Stronghold Digital Mining's revenue for the month came in at $5.2 million, a 46% drop from the previous month. The company's average hash price per TH/s decreased to $0.052, down from $0.095 in April.
Cipher Mining maintained positive cash flows and expanded its inventory and operation sites despite the decline in production. Marathon Digital held 17,857 BTC at the end of May and sold 390 BTC during the month.
The miner's hash rate, which measures the total computing power dedicated to mining, has also been affected by the halving. Stronghold Digital Mining reported an average hash rate of 1.2% of the network, partially offsetting the trend.
The decline in production is expected to continue in the short term as miners adjust to the new block reward structure and reduce their operational costs. However, some miners are already exploring ways to mitigate the impact of the halving, such as increasing the number of mining blocks won and optimizing their energy consumption.
#HavlingBitcoin #BTC☀
JUST IN: 3,000 blocks remain until Bitcoin halving.#HavlingBitcoin #bticoin #bullmarket #toptranding $BTC
HI Guys,
Alert Craze About $MEME Coins Which Maked People Multimillionare🚀🚀
Who Want To Be Millionare With Me And Are You Ready?
Just Follow Me For More Profits🚀🚀
🚀💥 Craze over meme coins has made some people rich, but others have lost a lot of money because they felt they might miss out and made hasty decisions.
Many new Solana-based meme coins have become popular recently, raising a lot of money from investors.
For example, a coin called Book of Meme surged by a huge amount just a week after it was launched, making many investors rich. Another coin, Slerf, also went up a lot in just two days, making investors a lot of money quickly.💥🔥
However, some traders, afraid of missing out on the chance to make money, bought these coins when their prices were very high, only to lose a lot of money later.
One trader lost $775,000 in just an hour by buying and selling Slerf at the wrong time. He bought a lot of Slerf when its price was at its highest, and then its price dropped, causing him to lose a huge amount of money. Another trader invested $1 million in Slerf but lost almost a quarter of it in just one day.❤️🌹
Not everyone who trades meme coins makes money. One trader lost money on 11 different meme coins in three days because he always bought when the prices were high and sold when they were low.
This kind of behavior, driven by fear of missing out, led to a total loss of $147,000 for him. Panic trading didn't just happen with meme coins; one trader lost nearly $40 million by constantly selling Bitcoin, which has been going down in value recently.🥀⭐
#HotTrends #HavlingBitcoin #millionaire... #cryptomummy #Write2Erarn
Alert Craze About $MEME Coins Which Maked People Multimillionare🚀🚀
Who Want To Be Millionare With Me And Are You Ready?
Just Follow Me For More Profits🚀🚀
🚀💥 Craze over meme coins has made some people rich, but others have lost a lot of money because they felt they might miss out and made hasty decisions.
Many new Solana-based meme coins have become popular recently, raising a lot of money from investors.
For example, a coin called Book of Meme surged by a huge amount just a week after it was launched, making many investors rich. Another coin, Slerf, also went up a lot in just two days, making investors a lot of money quickly.💥🔥
However, some traders, afraid of missing out on the chance to make money, bought these coins when their prices were very high, only to lose a lot of money later.
One trader lost $775,000 in just an hour by buying and selling Slerf at the wrong time. He bought a lot of Slerf when its price was at its highest, and then its price dropped, causing him to lose a huge amount of money. Another trader invested $1 million in Slerf but lost almost a quarter of it in just one day.❤️🌹
Not everyone who trades meme coins makes money. One trader lost money on 11 different meme coins in three days because he always bought when the prices were high and sold when they were low.
This kind of behavior, driven by fear of missing out, led to a total loss of $147,000 for him. Panic trading didn't just happen with meme coins; one trader lost nearly $40 million by constantly selling Bitcoin, which has been going down in value recently.🥀⭐
#HotTrends #HavlingBitcoin #millionaire... #cryptomummy #Write2Erarn
$BTC There is no volume in the market as BTC SItting in Demand zone. There is more possible for a up move if it breaks the miner trend line.
$BCH Hashnetwork was highest last week since 2017. I have never seen #BCH hashrate stronger since 2017. Obviously #HavlingBitcoin #Bitcoin cash twins will go highest in the history. # I have never seen BHC coming #HavlingBitcoin and after #HavlingBitcoin cash. Buy. Never disappoint you. BHC is built for your money.
Bitcoin Halving Prediction 2024: Brace for BTC Price Surges!
As the date for the upcoming Bitcoin halving on April 19th draws near, excitement is building among cryptocurrency enthusiasts. Key figures in the industry, like Bitwise CEO Hunter Horsley, are discussing the potential impact this event might have on Bitcoin’s price, with Horsley foreseeing a significant increase.
Comparing this halving to the one in 2020, Horsley notes a massive difference in Bitcoin’s value. In 2020, it was around $9,000, but now it’s hovering near $70,000. This means that cutting down on the creation of new Bitcoins will likely have a bigger effect this time around. Other experts agree, suggesting that this halving could push Bitcoin to new record highs.
Predicting the Future
Looking back, Bitcoin has usually seen price jumps after halving events. However, no one can say for sure what will happen this time. Some experts think the price will keep going up, while others predict a period of stability after an initial surge.
As we approach April 19th, all eyes are on Bitcoin. This halving could be a game-changer for the cryptocurrency world, emphasizing Bitcoin’s core principles of scarcity and immutability.
Whether it leads to the huge price jump that Hunter Horsley suggests, we’ll have to wait and see.
$BTC #BitcoinHalvingDrama #BitcoinTrends" #BTCTo1Million #BTC #HavlingBitcoin
As the date for the upcoming Bitcoin halving on April 19th draws near, excitement is building among cryptocurrency enthusiasts. Key figures in the industry, like Bitwise CEO Hunter Horsley, are discussing the potential impact this event might have on Bitcoin’s price, with Horsley foreseeing a significant increase.
Comparing this halving to the one in 2020, Horsley notes a massive difference in Bitcoin’s value. In 2020, it was around $9,000, but now it’s hovering near $70,000. This means that cutting down on the creation of new Bitcoins will likely have a bigger effect this time around. Other experts agree, suggesting that this halving could push Bitcoin to new record highs.
Predicting the Future
Looking back, Bitcoin has usually seen price jumps after halving events. However, no one can say for sure what will happen this time. Some experts think the price will keep going up, while others predict a period of stability after an initial surge.
As we approach April 19th, all eyes are on Bitcoin. This halving could be a game-changer for the cryptocurrency world, emphasizing Bitcoin’s core principles of scarcity and immutability.
Whether it leads to the huge price jump that Hunter Horsley suggests, we’ll have to wait and see.
$BTC #BitcoinHalvingDrama #BitcoinTrends" #BTCTo1Million #BTC #HavlingBitcoin
#BTC #HotTrends #HavlingBitcoin #WIF
🟢Trade No:----288
⛔50$ To 500$ Chalange
⛔Target:-500$
⛔Margin Per Trade:--50$
⛔Current Balance:-460$
⛔Starting Date:-8 December 2023
🟢AAVE/USDT--10X LONG🟢
Entry Point:--
1) 124.13
2) 121.45
✅✅PUT Limit Order✅✅
Take Profit:-
1) 125.56
2) 127.74-
🛑Stop Loss:- 119.58🛑
$BTC
🟢Trade No:----288
⛔50$ To 500$ Chalange
⛔Target:-500$
⛔Margin Per Trade:--50$
⛔Current Balance:-460$
⛔Starting Date:-8 December 2023
🟢AAVE/USDT--10X LONG🟢
Entry Point:--
1) 124.13
2) 121.45
✅✅PUT Limit Order✅✅
Take Profit:-
1) 125.56
2) 127.74-
🛑Stop Loss:- 119.58🛑
$BTC
$BTC $ETH $BNB
#BinanceLaunchpool #HavlingBitcoin
#bitcoinhalving #BullorBear
A New cycle after Halving
- Miners produce less daily => Supply decreasing
- If BTC remains low Miners will Hold & wait till higher price or they shutdown their business because there is no reason to sell with negative PnL => Supply decreasing
- Sellers get exhausted/ buyers get more aggressive because the new cycle = human psychological reset => Demand increasing
- ETF demand => Demand increasing
Supply > Demand
=> Price up
If Supply > Demand for a long time but price does not match and react => at some point => It will cause Supply Shock Liquidity => Price UP aggressively
News/media is just secondary. They can buy news/media to suit the context. The root value is Satoshi created the perfect supply/demand model for Bitcoin.
#BinanceLaunchpool #HavlingBitcoin
#bitcoinhalving #BullorBear
A New cycle after Halving
- Miners produce less daily => Supply decreasing
- If BTC remains low Miners will Hold & wait till higher price or they shutdown their business because there is no reason to sell with negative PnL => Supply decreasing
- Sellers get exhausted/ buyers get more aggressive because the new cycle = human psychological reset => Demand increasing
- ETF demand => Demand increasing
Supply > Demand
=> Price up
If Supply > Demand for a long time but price does not match and react => at some point => It will cause Supply Shock Liquidity => Price UP aggressively
News/media is just secondary. They can buy news/media to suit the context. The root value is Satoshi created the perfect supply/demand model for Bitcoin.
All we need now is to get the halving event behind us.
All the War talks are fading down, and people are starting to realize that the reality is less scary than they thought.
I believe that in the next few weeks we will see:
1. People stop talking about $BTC , and stop talking more about alt coins
2. $BTC dominance getting weaker - making more room for $ETH and the altcoins
3. Less war fud
4. More volume when all the degens are back from Dubai.
#dubai #Crypto #HavlingBitcoin #BitcoinHalvingTrends
Let the paper hands sell for cheap, soon the volume will be back up and the printing szn will continue
All the War talks are fading down, and people are starting to realize that the reality is less scary than they thought.
I believe that in the next few weeks we will see:
1. People stop talking about $BTC , and stop talking more about alt coins
2. $BTC dominance getting weaker - making more room for $ETH and the altcoins
3. Less war fud
4. More volume when all the degens are back from Dubai.
#dubai #Crypto #HavlingBitcoin #BitcoinHalvingTrends
Let the paper hands sell for cheap, soon the volume will be back up and the printing szn will continue
