Tag: Two-month high

news-18102024-092505

Bitcoin hashprice hits two-month high, boosting mining profitability

Bitcoin's hashprice has surged to a two-month high, reaching over $50 for the first time in mid-August. This increase is a positive sign for miners who have been struggling due to harsh market conditions....
news-15062024-212859

Bitcoin Miners Profit from BTC Rally as Crypto Exchange Transfers Surge

Bitcoin miners have been taking advantage of the recent rally in BTC prices, with a significant amount of BTC transfers from mining pools to exchanges totaling $209 million. This surge in transfers coincided with...