# Mining Related Articles

Bitcoin’s road to recovery – Odds on price hitting $83K in the short-term are…

Bitcoin's price has stabilized around $68k-$70k after a 13% surge from its $60k dip. A breakout above $80.5k could trigger $5.7 billion in short liquidations, potentially driving further gains. Key factors include a significant negative mining difficulty adjustment—the largest since China's 2021 ban—which may attract miners back if prices hold. A whale's withdrawal of $106.7 million in BTC from Binance signals long-term bullish sentiment. Google Trends interest hit a 12-month high post-drop. Bitcoin now faces a critical juncture: breaking $83k could fuel a rally, while failure may lead to a drop toward the $49k-$53k support zone.

ambcrypto22h ago

Bitcoin Mining Difficulty Falls By 11% In Largest Drop Since China’s Ban – Details

Bitcoin mining difficulty has dropped by 11.6%, marking the largest single decline since China's 2021 mining ban. This adjustment reflects increased miner capitulation due to recent bearish market conditions, where Bitcoin's price fell significantly, pushing many miners into unprofitability. The current mining difficulty now stands at 125.86T. Despite the drop, Bitcoin's self-adjusting mechanism ensures continuous block production, and a new influx of miners is anticipated. At the time of writing, Bitcoin trades at $69,357, with mining costs averaging around $67,704, indicating ongoing pressure on mining profitability.

bitcoinistYesterday 13:29

Bitcoin Cash’s rally faces KEY test – Can BCH hold above $500?

Bitcoin Cash (BCH) experienced a significant rally, rising 20% to reach an intraday high of $544. This surge was driven by increased on-chain activity and bullish sentiment in the futures market. On-chain data showed a notable rise in transactions, climbing from 9,769 to 14,240 between February 1st and 17th, with an average transaction value of $8,411, suggesting significant whale activity. The derivatives market reflected strong long bias, with a positive funding rate and short liquidations far exceeding longs. However, a declining hashrate poses a potential risk to network security, and increased spot selling pressure could limit further upside despite the bullish derivatives positioning.

ambcryptoYesterday 23:02

Bitcoin Miners Set To See Major Relief: 13% Difficulty Ease Coming

Bitcoin mining difficulty is set to decrease by approximately 13% in the upcoming adjustment on February 6th. This reduction is a response to a recent slowdown in average block production time, which increased to 11.52 minutes—above the target 10-minute rate. The slowdown was caused by a sharp drop in the global hashrate following a major U.S. snow storm that disrupted power infrastructure, forcing American miners, including the world’s largest mining pool Foundry USA, to reduce operations. Although the hashrate has since partially recovered, the difficulty adjustment is based on the average block time over the past two weeks, making the decrease inevitable. Meanwhile, Bitcoin’s price recently dropped to $60,000 but has rebounded to around $69,300.

bitcoinist2 days ago 15:24

Russia’s Largest Bank To Offer Crypto-Backed Loans For Corporate Clients – Report

Russia's largest bank, Sberbank, is preparing to offer crypto-backed loans to corporate clients following a successful pilot project in December 2025. The bank is finalizing the necessary infrastructure and methodology for scaling this service and is engaging with the Central Bank of Russia (CBR) to develop appropriate regulations. This move comes amid strong corporate interest and follows similar services by global institutions. The expansion of such lending will depend on the development of the regulatory environment. Meanwhile, domestic rival Sovkombank has also begun offering Bitcoin-backed loans. These developments coincide with Russia's efforts to implement a comprehensive digital assets framework by July, which will allow retail and qualified investors to purchase digital assets through licensed platforms, with certain investment limits and testing requirements.

bitcoinist2 days ago 13:01

Mining Stocks And Asian Markets Hit As Bitcoin Tumbles Under $65K

Bitcoin's decline below $65,000 has triggered a broad sell-off, affecting mining stocks and Asian markets. The cryptocurrency briefly fell near $60,000, a 15-month low, before a slight recovery. On-chain data indicates large holders (whales and sharks) have sold approximately 81,000 BTC over eight days, reducing their supply share to a nine-month low. Meanwhile, smaller investors increased their holdings. The Crypto Fear & Greed Index dropped to 9, reflecting extreme fear. Mining companies like Marathon Digital and Riot Platforms saw significant stock declines, with some hitting 52-week lows. Asian equities also fell amid a global tech sell-off and concerns over U.S. monetary policy. Analysts warn that continued volatility is likely due to macroeconomic uncertainty and large-holder selling.

bitcoinist2 days ago 05:02

Has Bitcoin bottomed? Why $60K may not be BTC’s floor

The article questions whether Bitcoin has reached its bottom after a 4% intraday bounce from the $60K level. While technical indicators like an oversold RSI suggest a potential local bottom, on-chain metrics and market sentiment remain unconvinced. Over 9.3 million BTC are held at a loss—the highest since January 2023—and the price has fallen below the mining electrical cost of $77K, increasing capitulation risks. Historical patterns suggest Bitcoin could still drop to $38K, a 70% decline from its $126K ATH. Macro supply-demand imbalances and a lack of strong institutional demand indicate that the $60K support may not hold, with a move toward $50K possible.

ambcrypto02/06 09:02

Bhutan Offloads $22M in Bitcoin as Mining Costs Surge: Institutional Eyes Shift to High-Yield L2s

Bhutan's sovereign wealth fund, Druk Holding & Investments, sold 367 BTC ($22M) on Binance, signaling mining sector stress due to rising operational costs and compressed hash prices. This sell-off highlights the profitability squeeze for miners, even state-backed entities. Meanwhile, institutional capital is rotating into high-yield Bitcoin Layer 2 solutions like Bitcoin Hyper ($HYPER), which leverages Solana's Virtual Machine for scalability and programmable smart contracts. $HYPER has raised over $31M in its presale, with significant whale accumulation, and offers 68% staking rewards, positioning it as a hedge against Bitcoin's volatility and mining inefficiencies.

bitcoinist02/05 16:45

EverValue Announces Burn Vault Boost Upgrade to Its On-Chain Backing Mechanism

EverValue (EVA) has announced the launch of the Burn Vault Boost upgrade on February 6, enhancing its existing on-chain backing and burn mechanism. This new feature introduces an additional vault that operates alongside the original Burn Vault Core. Instead of distributing Bitcoin (BTC) backing uniformly across the entire token supply, the Boost applies it to a predefined subset of tokens. This change is designed to increase the sensitivity of the reference burn value to BTC deposits over time. The Burn Vault Core continues to back the full circulating supply of EVA, while the Boost complements it by altering how backing is distributed. The upgrade is implemented via on-chain smart contracts, with all backing levels and reference values publicly verifiable. User participation is passive and requires no action beyond holding tokens. The mechanism has undergone a security audit by CertiK. EverValue is an on-chain protocol that integrates Bitcoin mining with a fixed-supply token model and transparent backing mechanics.

TheNewsCrypto02/05 15:05

Bhutan Starts Selling Bitcoin Again: Arkham Flags $22.4 Million

bitcoinist02/05 12:02