As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool

July 5, 2024 Leave a Comment

Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.

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Trump says he doesn’t know who crypto tycoon is despite having pardoned him November 3, 2025
Billionaire Changpeng Zhao pleaded guilty to enabling money laundering before president freed him last monthDonald Trump has said that he doesn’t know who Changpeng Zhao is despite pardoning the billionaire founder of cryptocurrency exchange Binance in October.The US president was asked in a 60 Minutes interview that aired on Sunday why he pardoned Zhao, who […]
‘He’s one of the few politicians who likes crypto’: my day with the UK tech bros hosting Nigel Farage October 25, 2025
The Reform UK leader is courting the crypto community in the hope it could become a campaign funding baseIt is a grey morning in Shadwell, east London. But inside the old shell of Tobacco Dock, the gloom gives way to pulsating neon lights, flashy cars and cryptocurrency chatter.Evangelists for Web3, a vision for the next […]
Surge in UK savings lost to investment scams, with fake crypto thought to top the list October 23, 2025
Banking industry data shows £629m was stolen in six months from fraud that included gold, wine and property The amount of money lost to investment scams by UK consumers has leapt 55% in a year as cryptocurrency fraudsters intensify their efforts to cheat people out of their savings, data shows.Official UK banking industry data shows […]
Trump pardons founder of Binance, world’s largest crypto exchange October 23, 2025
Changpeng Zhao pleaded guilty to failing to stop money laundering in 2023 and was sentenced to four monthsDonald Trump issued a pardon for the founder of the world’s largest cryptocurrency exchange on Thursday.“President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden administration in their war […]
Melania Trump’s meme coin architects accused of pump-and-dump fraud in lawsuit October 23, 2025
First lady not named in suit in which investors allege Meteora executives created coin they knew would plummetThe designers of a cryptocurrency launched by the US first lady, Melania Trump, in January were accused in court filings on Tuesday of orchestrating a pump-and-dump scheme.The $MELANIA coins were released for just a few cents each on […]

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As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool

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