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Bitcoin
Man standing before a giant Bitcoin emblem surrounded by numerous coins, contemplating if crypto mining is profitable.
Introduction In the dynamic realm of digital currencies, crypto mining emerges as a significant endeavor. Yet, amidst the enthusiasts and investors in Australia, a pressing question lingers: “Is crypto mining profitable in Australia?” As the digital currency landscape is perpetually in flux, knowing the profitability of crypto mining within Australia’s diverse context necessitates an in-depth...
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Bitcoin symbol centered with digital background illustrating Bitcoin mining in Australia.
Introduction to Bitcoin Mining Australia Bitcoin mining is the heart of the Bitcoin network. It’s a process that involves validating transactions and adding them to the blockchain, Bitcoin’s public ledger. This critical role helps maintain the network’s security and introduces new bitcoins into the system. Let’s dive deeper into what Bitcoin mining Australia and learn...
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Increased transaction fees represent a minor advancement in the ability of Bitcoin miners to maintain their operations independently of block subsidies. Block number 788695 has a significant meaning for Bitcoin miners due to the recent upsurge in transaction fees. It represents the first instance since 2017 where transaction fees in a single block exceeded the...
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BTC, Market Update & Recent News!   What happened in January?   In light of our recent Bitcoin market updates to our members, we thought it would be appropriate to provide a general overview of the market for the last month or so and any associated news!   January was a rollercoaster ride for cryptocurrency...
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Intel set to release “ultra-low-voltage energy-efficient Bitcoin mining ASIC”   Leading tech giant Intel, one of the largest computer processor manufacturers, is set to release their new specialised “ultra-low-voltage energy-efficient Bitcoin mining ASIC” known as the “Bonanza Mine”.        Although Intel are yet to state anything publicly, Tom’s Hardware reporters noticed that they...
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Bitcoin Fundamental & Technical Report The crypto market bounced higher in the early hours this morning and is showing signs of a possible short term bottom. Volatility increased across all financial markets due to the highly anticipated FED interest rate decision, economic projections and policy statement. Risk assets surged higher post FED announcement with the...
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 😆 El Salvador bought the dip, and missed the bottom by 7 minutes 😆 150 BTC coins with an average USD price of $48,670. Bitcoin Fundamental & Technical Report Congress gets a crash course on cryptocurrency. Over the past 24 hours, 6 major crypto CEO’s testified in front of congress as to why cryptocurrency is more...
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There has been no real significant change in the technical structure of BTC since the last report. BTC is still trading inside the rising channel structure which is providing us bulls with some hope of a continuation to the upside. However, there are a number of fundamental risks that you should be aware of. Bitcoin...
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Bitcoin Fundamental & Technical Report – 17th November   In today’s report, we are taking an in-depth look at the technical structure of BTCUSD. Firstly, as usual, we will digest the recent fundamentals in the crypto space. Digital asset investment products attracted $151 million last week, cooling from prior weeks but remained positive. Bitcoin-related funds...
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The bulls are back in force – Market Report 21st October 2021 Bitcoin Fundamental & Technical Update What a ride the past couple of weeks has been with a fairly smooth transition from $40,000 USD to all-time highs this morning at $66,600 USD (BTC is 666 weeks and 6 days old today), strange coincidence… The...
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