Tag: ASIC

Bitcoin [BTC] hovers near $107k, keeping short-term and long-term holders profitable

By YDN Bitcoin [BTC] hovers near $107k, keeping short-term and long-term holders profitable. Miners face historically low profits due to declining fees, mismatched hash rate vs. difficulty, and high volatility. Despite losses, miners remain resilient, refraining from selling despite being underwater. A Puell Multiple of 1.2 indicates miner earnings still exceed historical averages, albeit modestly. […]

How Long Does It Take to Mine 1 Bitcoin?

By Peter Wind The shortest possible time to mine 1 Bitcoin is about 10 minutes. This is because a new block is added to the Bitcoin blockchain approximately every 10 minutes. When a miner adds a new block to the Bitcoin blockchain, they receive a 3.125 BTC reward (approx. $207,000 as of writing). In practice, […]