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Does Bitcoin halving help miners?

"The block reward halving tends to 'shake-out' the weaker mining operations," Simon Peters, analyst for trading company eToro, told AFP. "Unfortunately for some, with the lower block reward received it no longer becomes profitable to mine bitcoin and the operation shuts down or gets acquired by a larger rival." - 11 Apr 2024
www.barrons.com

Bitcoin Miners Face Survival Test In 'Halving'

Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.
www.barrons.com www.barrons.com
 
cointelegraph.com

Hut 8 ‘self-mining plans’ make it competitive post-halving: Benchmark

A diversified business model including self-mining operations and AI services could see Bitcoin miner Hut 8 outperform its peers in post-halving peers says Benchmark analyst Mark Palmer.
cointelegraph.com cointelegraph.com
In an April 22 research note viewed by Cointelegraph, Benchmark senior analyst Mark Palmer explained that the “new HUT” — a firm borne out of a merger between the “old HUT” and US Bitcoin Corporation — boasted a “diversified business model” with multiple revenue streams.
 
noirua said:
Riot Platforms, Inc.
@RiotPlatforms
Yesterday, Riot hosted its first #BitcoinView attachment 164698 Meetup at the Company’s Corsicana Facility. Thank you to everyone who joined us for a tour and to learn about the opportunities that Bitcoin creates for local communities.
Click to expand...

uk.advfn.com

Riot Announces May 2024 Production and Operations Updates

CASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry...
uk.advfn.com

RIOT Longterm Chart: https://uk.advfn.com/p.php?pid=stat...=0&width=334&height=208&min_pre=0&min_after=0
 
Website: https://www.terawulf.com/
Live Daily Chart: https://uk.advfn.com/p.php?pid=staticchart&s=N^WULF&t=1&p=0&dm=0&vol=0&width=405&height=187&min_pre=330&min_after=240
Longer Term Chart: https://uk.advfn.com/p.php?pid=staticchart&s=N^WULF&p=6&t=1

TeraWulf Announces May 2024 Production and Operations Update​

June 4, 2024 • 8:00 AM EDT
investors.terawulf.com

TeraWulf Announces May 2024 Production and Operations Update

8.0 EH/s of installed and operational self-mining capacity, up 82% Y-o-Y Building 4 at Lake Mariner scheduled for completion in June, paving the…...
investors.terawulf.com investors.terawulf.com
 

12/06/2024 12:00pm​

uk.advfn.com

Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill

Poison Pill Comes Just Days After Riot Privately Urged Bitfarms to Consult with Riot and Other Large Shareholders on New Board Members...
uk.advfn.com
Poison Pill Comes Just Days After Riot Privately Urged Bitfarms to Consult with Riot and Other Large Shareholders on New Board Members and Stressed that Chairman Nicolas Bonta Must Resign to Address Corporate Governance Concerns
 
Bitcoin miners are starting to replace their BTC miners with NVDA AI chips.
AI start-ups are paying for remote access to the datacentres to run their AI models on Nvidia GPUs.

Check out the charts of IREN and WULF, two bitcoin miners that have started transitioning to DCs.

(More in the AFR story.)
 
noirua said:

9 Apr 2024 #BTBT #SATO #BitcoinNews
Huge News from TeraWulf | Bitcoin Miner Price Analysis | Bitcoin News Today | Anthony Power
Today we are covering various Bitcoin Mining Stock News with our resident Bitcoin Analyst & CEO of Power Mining Analysis, Anthony Power. Anthony is a Chartered Management Accountant by trade and is known for creating some of the best summary and comparison visuals in the Bitcoin Mining Sector. Anthony Power covers all of the Top BTC Mining Stocks including Bit Digital, Bitfarms, Bitdeer, Core Scientific, CleanSpark, DMG Blockchain, Hive Digital, TeraWulf, Hut 8 Corp, IREN, Marathon, Riot Platforms, SATO Technologies and Soluna Holdings. Let me know what you think of Anthony’s work and if you are currently holding any of these Bitcoin Miners in the comment section below! 👇
Click to expand...

TeraWulf has turned out to be a great share to hold boosting confidence after some rubbish trades by me in the sector earlier. It is the only one so no need for me to be over-chuffed about it. Live chart: https://uk.advfn.com/p.php?pid=staticchart&s=N^WULF&p=5&t=1
Should I sell - thinking about it?
 
Is anyone on ASF mining BTC artisan style?
I have too much free energy, 24/7 and am wondering what would be the best use for it, ideally wo much input in term of time effort...
So i am not opening a smelter but having a pc running in the background coukd be the way...
I understand it is getting exponentially harder and i am probably way past timing wise...
 
qldfrog said:
Is anyone on ASF mining BTC artisan style?
I have too much free energy, 24/7 and am wondering what would be the best use for it, ideally wo much input in term of time effort...
So i am not opening a smelter but having a pc running in the background coukd be the way...
I understand it is getting exponentially harder and i am probably way past timing wise...
Click to expand...
I have to be a bit careful here as I am in with 4 others and one has space and an electrical cable was laid to increase power. They are a lot younger than me and brighter. Avoid mining Bitcoin as you need proper machines and a desktop computer will be useless. It might take you over 10 years to mine one Bitcoin if you are lucky. We mine, I say we as I'm mainly a sleeping partner, and Ravencoin and Vertcoin were being mined last time we had a meeting.

Anyway, these coins are easy for clever people to set up and I'm told I could do it. However, my enthusiasm and expertise are not that high.
Search online there is plenty of information out there it just takes a bit of effort for a clever person. They talk about Algorithms and Ports a lot and if you are into that then you are on your way - I guess

I just remembered they were also talking about Litecoin - anyway, those 3 coins are among the easiest. There are marked differences to be looked at as mining is one thing and after that, you will need to learn how to cash in. As they say, go for it if you have spare energy that few have.
 
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