# Сопутствующие статьи по теме Miners

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Miners", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Explaining what Bitcoin’s latest ‘all-time low’ means for traders like you

Bitcoin whale holdings have decreased significantly over the past year, suggesting a measured withdrawal rather than a full distribution phase. Meanwhile, the network's hashrate growth has stalled as BTC trades below miners' breakeven cost. Fidelity notes that Bitcoin's 1-year realized volatility has hit a record low of 42%, which historically has often preceded new all-time highs in price—though this may take months to materialize. While long-term whales and miners remain profitable, new whales (with a realized price around $99k) may sell at that level to break even, posing a threat to short-term bullish momentum. Although the market shows long-term stability, traders should remain cautious of potential consolidation or a deeper correction before any significant price surge.

ambcrypto01/10 06:01

Explaining what Bitcoin’s latest ‘all-time low’ means for traders like you

ambcrypto01/10 06:01

Bitcoin miners face rising stress as price trades below growth cost

Bitcoin is trading below the estimated breakeven cost of approximately $95,000–$96,000 per BTC required for sustainable network expansion, placing miners under financial stress. While this has slowed hashrate growth and compressed margins, it has not triggered widespread capitulation. On-chain data indicates miners are accumulating BTC rather than liquidating reserves, and a minor difficulty adjustment of 1.2% suggests adaptation rather than structural decline. The current phase reflects operational consolidation and internal stress management, not a market breakdown, as efficient miners continue functioning despite price pressures.

ambcrypto01/09 18:06

Bitcoin miners face rising stress as price trades below growth cost

ambcrypto01/09 18:06

WEEX Space Recap｜Hoarding Coins in the Cold Winter: The Silent Battle of Whales—Who Is Positioning for the Next Cycle?

Amidst a low-volatility market, the true signals lie not in price action but in the behavioral shifts of key players. In a WEEX Space discussion titled "Accumulating in the Bear Market," guests including Wang Duanniao, Linda Zheng Zheng, and Qiurong analyzed structural changes from institutional, miner, and retail perspectives. Institutions like MicroStrategy are not merely "buying the dip" but building long-term financing models around Bitcoin, leveraging tools like convertible bonds to sustain accumulation—a strategy not easily replicable for retail investors. Miners face survival pressures, with some shifting resources to AI data centers, reflecting an industry upgrade rather than a withdrawal from Bitcoin. Their influence on pricing has diminished amid growing institutional ETF participation. For retail users, frequent trading in sideways markets often increases costs and emotional stress. Emphasis was placed on safety, transparency, and using tools like passive yield products to improve capital efficiency during uncertainty. As echoed by WEEX’s ethos, understanding risk sources proves more critical than chasing returns in volatile conditions. Ultimately, institutions build structures, miners adapt to survive, and retail must navigate uncertainty with disciplined, measured choices.

marsbit12/29 09:23

WEEX Space Recap｜Hoarding Coins in the Cold Winter: The Silent Battle of Whales—Who Is Positioning for the Next Cycle?

marsbit12/29 09:23

‘Extreme fear’ returns to Bitcoin – Binance’s CZ sees a reward, not a warning

Bitcoin is ending 2025 in a state of 'extreme fear' with its second-worst Q4 performance in history, declining 23%. Binance founder Changpeng Zhao (CZ) views this fear as a buying opportunity, not a warning, encouraging investors to 'buy the fear' rather than extend FUD. He and historical data suggest that past periods of extreme fear, like in September 2024 and Q1 2025, were followed by significant price surges. However, analysts are split on Bitcoin's 2026 outlook, with some, like Jim Cramer, remaining bearish. Mining metrics indicate potential for a rebound if ETF demand resumes, though macro factors like the U.S. tax season could influence the recovery.

ambcrypto12/25 17:11

‘Extreme fear’ returns to Bitcoin – Binance’s CZ sees a reward, not a warning

ambcrypto12/25 17:11

VanEck Report: Bitcoin Undergoes Structural Rebalancing, Building Momentum for 2026 Rally

VanEck's December "ChainCheck" report indicates Bitcoin is undergoing structural rebalancing, setting the stage for potential growth by 2026. Despite a 9% price drop and high volatility in Q4 2025, improving liquidity and a reset in speculative leverage offer cautious optimism. Digital asset treasuries significantly accumulated Bitcoin, adding 42,000 BTC in December—their largest monthly increase since July—bringing total holdings above 1 million BTC. In contrast, ETF investors reduced exposure, signaling a shift from retail speculation to institutional accumulation. Some treasuries are adopting strategic financing methods, like issuing preferred shares to fund Bitcoin purchases. On-chain data shows mid-term holders (1-5 years) are selling, while long-term holders (>5 years) remain inactive, indicating confidence among seasoned investors. Mining challenges persist, with a 4% drop in hash rate due to regulatory pressures, though historically such declines have preceded price rallies within 90-180 days. VanEck's GEO framework highlights improved liquidity and institutional accumulation offsetting weak on-chain activity. Macro factors like a weaker dollar add complexity, but emerging "everything exchanges" could enhance Bitcoin's utility. Despite reduced cyclical volatility, Bitcoin remains volatile. The current rebalancing phase, marked by institutional accumulation and miner scaling back, may lead to consolidation ahead of a potential Q1 2026 rally.

marsbit12/25 06:09

VanEck Report: Bitcoin Undergoes Structural Rebalancing, Building Momentum for 2026 Rally

marsbit12/25 06:09

Three signs that Bitcoin is finding its market bottom

Bitcoin (BTC) may be approaching a local bottom after falling over 35% from its recent all-time high. Key signals suggest selling pressure is fading. The weekly Stochastic RSI has turned up from oversold levels—a pattern seen near major historical bottoms. A bullish divergence on the three-day chart, where price made a lower but momentum did not, further supports this. Miners are showing signs of capitulation, with a 4% drop in hash rate over 30 days—a historically bullish signal that has preceded strong medium-term returns. Macro conditions also hint at a potential reversal. The National Financial Conditions Index (NFCI) suggests a Bitcoin rally could begin within 4–6 weeks, similar to past cycles. Despite these positive signs, some analysts still predict further downside, with targets as low as $70,000–$25,000.

cointelegraph12/24 12:17

Three signs that Bitcoin is finding its market bottom

cointelegraph12/24 12:17

Bitcoin miners face growing stress as reserves drop and difficulty remains near record highs

Bitcoin miner reserves have declined to 1.806 million BTC, indicating sustained selling to cover costs amid lower prices. Exchange-to-miner inflows have also dropped significantly, reducing external liquidity. Meanwhile, mining difficulty remains near record highs despite Bitcoin's price fall from over $120,000 to around $88,000. This combination of high operational costs and reduced revenue is squeezing miner margins. If prices stay below $90,000, miners may be forced to sell more reserves, reduce operations, or capitulate—increasing sell-side pressure on the market. A price rise would alleviate stress; otherwise, miner liquidity remains a key risk.

ambcrypto12/23 17:10

Bitcoin miners face growing stress as reserves drop and difficulty remains near record highs

ambcrypto12/23 17:10

Bitcoin Hashrate Drop Puts Miner Pressure Back In Focus: Analysts

According to VanEck analysts, Bitcoin's hashrate declined 4% as of mid-December, a signal that has often preceded price gains historically. Data shows that when the 30-day hashrate fell, Bitcoin’s 90-day forward returns were positive 65% of the time. Longer-term, a 90-day hashrate drop led to 180-day positive returns 77% of the time, with an average gain of 72%. Miner economics are under pressure, with break-even power costs dropping significantly, forcing less efficient operators offline. Some capacity, particularly in China, has left the network. Meanwhile, rising AI compute demand may further reduce Bitcoin’s hashrate. Despite Bitcoin trading nearly 30% below its October high, miner capitulation has historically set the stage for price stabilization and future gains.

bitcoinist12/23 17:02

Bitcoin Hashrate Drop Puts Miner Pressure Back In Focus: Analysts

bitcoinist12/23 17:02

Bitcoin Network Activity Drops to Yearly Low. What Has Changed

Bitcoin network activity has dropped to its lowest level of the year, with the 7-day moving average of active addresses falling to 660,000. This decline is attributed to reduced activity following the peak in December 2024, which was driven by Ordinals and Runes protocols. These technologies, used for creating and trading on the Bitcoin blockchain, have shifted transaction dynamics, now accounting for most transactions but contributing only 5-10% of total fee revenue. This shift has negatively impacted miner economics. Daily miner revenue has decreased from around $50 million in Q3 to approximately $40 million, with fees making up a smaller portion of earnings (0.65% in December compared to 2.73% a year ago). Average transaction fees have also fallen to $0.48, down from $3.7 a year earlier. With block subsidies continuing to halve (currently 3.125 BTC per block until spring 2028), miner profitability is increasingly dependent on transaction fees. Fred Thiel, CEO of MARA Holdings, warned that without Bitcoin appreciating by at least 50% annually or a significant rise in network fees, traditional mining could become unprofitable in the coming years.

RBK-crypto12/16 13:14

Bitcoin Network Activity Drops to Yearly Low. What Has Changed

RBK-crypto12/16 13:14

Bitcoin Hash Ribbon Indicator Flashes 'Buy' Signal at $90,000: Will BTC Price Rebound?

The Bitcoin Hash Ribbons indicator, tracked by Capriole Investments, has flashed a "buy signal" for the fifth time in 2025, suggesting a potential price rebound despite BTC's recent decline from its all-time high of $126,000 to around $80,500 on November 21st. This historically accurate metric indicates that miners are under pressure, as shown by the 30-day moving average of hash rate falling below the 60-day MA, signaling miner capitulation. Such conditions have historically aligned with major price discounts and long-term accumulation opportunities. Analysts note that while this doesn't imply an immediate buying urgency, it highlights a phase where miners may need to increase sales to cover operational costs, potentially leading to short-term price declines. However, from a long-term perspective, these forced sell-offs have historically created strong accumulation opportunities. Meanwhile, miner BTC holdings have seen sustained selling since early October, with known miner wallets holding approximately 1.8 million BTC as of Tuesday, down about 5,000 BTC since October 10th. Bitcoin's price is currently consolidating between key levels. Recent rebounds have faced resistance at the year's opening price of $93,000, which aligns with the 200-week simple moving average (SMA). Support has been found in the $89,000-$90,500 demand zone, where the 50 and 100-week SMAs are located. Market experts suggest that BTC needs to break above the $92,000 resistance level and surpass the 200-week SMA to exit the downtrend and initiate a sustained recovery towards $100,000. Failure to hold above the $90,000 support could prolong the downturn, with some analyses even suggesting a potential drop to $40,000 levels.

cointelegraph_中文12/10 06:58

Bitcoin Hash Ribbon Indicator Flashes 'Buy' Signal at $90,000: Will BTC Price Rebound?