Bitcoin
On Wednesday, marked a new summit of all time of $ 109,000, but it is a small consolation for bitcoin minors, who were forced last month to collect in a record number of their BTC reserves, according to the mining media Theinermag.
The last research report of the company reveals that public minors sold 115% of their Bitcoin production in April – which means that they sold more than they produced. It is the highest report since the end of the 2022 bear market.
Even today, with Bitcoin Beating to a new record greater than $ 109,000, Hashprice (which minors gain per unit of computing power) has failed to follow up on. He amounts to only $ 55 per Petahash per second (pH / s), well below the level of $ 63 / pH / s, he briefly reached the last time that Bitcoin crossed $ 100,000 in December. High network difficulties and low transaction costs have maintained pressure income.
The best players in the mining space are still developing. The Hashrate of Cleanspark (CLSK) exceeded 40 EH / S, and Iren (Iren), which recently exceeded the platforms Riot (Riot) as the third largest public minor in terms of hashrate made, displayed a jump of 25% of the hash and targets now a total of 50 eh / s by June. CANGO (CANG), meanwhile, envisages 18 eh / s in July.
According to an investment report, Jefferies, Jefferies de Mara Holdings (Mara) (Mara) is always the highest with 57.3 eh / s. Iren had the most availability implicit at around 97%, followed by Hive Digital Technologies (Hive) at around 96%, added the report.
Meanwhile, a quarter of work takes place in the way minors secure new equipment. Several public companies have designed Bitmain agreements that allow them to pay for Bitcoin mining platforms while retaining the right to buy their parts at a predetermined price – coverage against other price rallies.
The mining shares, beaten in the first quarter, bounced – some more than 60% in April only – although most remain down the year. Only Cleanspark and Mara Holdings are in positive territory for the year.
