The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings. Coin Metrics’ new report reveals […]
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Riot Platforms bolsters Bitcoin reserves with $510 million purchase
Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million.According to a Dec. 13 post on...