mining

As of February 5, 2026, Bitcoin is trading in the $70,500–$71,500 range after dropping 7–8% in the last 24 hours and nearly 20% over the past week. The price briefly hit lows near $69,000–$70,700, wiping out most post-election gains.
What's happening right now?
Liquidations: Over the past 24 hours, $650–853 million liquidated across crypto (BTC alone: $235–407 million, mostly longs — 80–95%). Total liquidations since late January exceed $2.5–7 billion. Classic cascade: price drop → margin calls → forced selling → deeper drop.Sentiment: Fear & Greed Index at 11–14 (Extreme Fear). Retail panic selling dominates among small and mid-sized holders (<10 BTC).Miners under pressure: Hashprice at 14-month lows (~$33/PH/s/day). Many rigs (older models) unprofitable below $69–74K. Some miners sell more BTC than mined (e.g., Cango). Difficulty expected to drop 14–18%around February 8 — typical miner capitulation phase.Strategy (ex-MicroStrategy): Holds 713,502 BTC at average $76,052. Recent buy: 855 BTC for ~$75M (late Jan–early Feb). Currently in paper losses (~$1.5–3B), but not selling — still buying the dip. MSTR stock falls with BTC.ETFs: Recent heavy outflows (e.g., $272M on Feb 3; January totals in billions). Adds constant selling pressure.
Who's accumulating?
Mega-whales (10K+ BTC) — light buying. Some 1K–10K BTC wallets — net accumulation. Strategy keeps adding. Patient retail (DCA-style) too.
Conclusion
This is a classic leverage flush and weak-hands shakeout. Historically, Extreme Fear (<20) + miner capitulation often precedes strong rebounds.
Right now, the smartest moves are:
Hold your positions if you're long-term — don't panic-sell at the bottom.Accumulate gradually (DCA) if you have spare cash — these levels offer good entry for patient holders.
Are you holding, selling, or buying the dip? Drop your thoughts below 👇
$BTC #CryptoMarketMoves #Liquidations #MicroStrategy #Mining #HODL

If you are new to mining on Binance Pool, don’t worry. The setup is easier than it looks. Below is a simple step-by-step explanation in plain words.

Creating a Mining Account

First, you need to create a mining account inside Binance Pool. When you do this, you will choose a mining account name and select the default coin you want to mine. This name is important because:

Mining accounts cannot be deleted
Mining account names cannot be changed later

If Binance shows “account already exists”, it just means someone else is using that name. Add numbers or letters at the end and try again.

Once created, Binance will show you a guide to connect your mining machine.

Pool Configuration

To connect your miner, you need to enter the Binance Pool URL in your mining device. Binance provides multiple pool addresses, so if one is slow, another will work. Supported ports include 443, 3333, 1800, and 8888.

Then, set your worker name in this format: MiningAccount.WorkerName
The password can be anything simple, like 123.

Connecting Your Miner

Connect your miner to the internet using an Ethernet cable
Turn it on and wait a few minutes
Find the miner’s IP address using your router or a network scanner
Open the IP address in a browser and log in to the miner dashboard
Enter the pool URL, worker name, and password

After saving the settings, the miner will start working.

Checking Hashrate

Once the miner is running, you won’t see results instantly. It usually takes around 10 minutes for the hashrate to appear.

You can check this by:

Going to Workers on the mining pool page
Making sure the correct algorithm is selected

If the worker shows “active”, everything is working fine.

Checking Earnings

Mining earnings are calculated daily based on UTC time. After settlement:

Earnings are credited to your Funding Wallet
Payouts usually arrive the next day between 02:00–10:00 UTC

You can view your earnings on the Earnings page and transfer them to your Spot Wallet anytime without extra fees.

Final Tip

If your hashrate is stable and workers stay active, you’re set. Mining is mostly about patience and consistency, not constant adjustments. @Fatima_Tariq @China BNB @Ekowreel #Mining #BTCMiningDifficultyRecord

Burkina Faso hit a historic 94 tonnes of gold production in 2025 — the highest ever.
The surge was driven by mining sector reforms, stronger state oversight, and higher artisanal output.
🔑 Key Highlights:
• Record gold output: 94 tonnes
• Improved control over industrial mining
• Expanded energy access nationwide
• More reforms planned for 2026 to boost local participation
💡 A strong move toward resource and energy sovereignty.