The Bitcoin blockchain's mining difficulty increased by 13%, but industry experts say operators are still looking at fat profits ahead.
Supply has dried up despite a glut of available bitcoin mining rigs since China’s crackdown in May.
“The fear is gone for now, and the market is optimistic,” Arcane Research wrote in a Tuesday newsletter. But not enough to keep bitcoin's price above $50K.
Días después de que China reiterara medidas drásticas contra el segmento cripto, bitcoin cayó hasta 30%. Estados Unidos, por su parte, parece no ser el centro del universo cripto.
It could just be the U.S. is not the center of the crypto universe.
Bitcoin rallied after Coinbase announced it will add crypto to its balance sheet.
SEC filings dated June 30 show BlackRock with stakes in Marathon Digital Holdings and Riot Blockchain.
The accounts held about 7% of the company's cash.
Aydin Kilic will oversee the company's operations across its data centers in Canada, Iceland and Sweden.
The bitcoin miner's stock has more than tripled this year.