FinancialfocusHub.com
  • Home
  • Crude Oil
  • Cryptocurrency
  • Forex
  • Funds
  • Gold
  • Insurance
  • News
  • Stocks
No Result
View All Result
  • Home
  • Crude Oil
  • Cryptocurrency
  • Forex
  • Funds
  • Gold
  • Insurance
  • News
  • Stocks
No Result
View All Result
FinancialfocusHub.com
No Result
View All Result
ADVERTISEMENT

Bitcoin Price Drops, Miners Struggle, But Hash Rate Remains Stable

Alice by Alice
2025-04-20
in Stocks
Bitcoin Price Drops, Miners Struggle, But Hash Rate Remains Stable
ADVERTISEMENT

Jeff LaBerge, head of capital markets at Bitdeer, breaks down how the economics of bitcoin mining change in real time and why technological innovation may be key to staying competitive.

Rob Nelson, host of the TheStreet roundtable, opened the conversation with a basic question: Does a falling bitcoin price mean that mining costs more?

ADVERTISEMENT

“It does,” LaBerge said. “But in some cases, if the network hash rate drops… then there are fewer people competing for the same fixed piece of the bitcoin pie.” This means that some miners may shut down mining, and those who remain will get a larger share.

ADVERTISEMENT

However, he clarified that “when the bitcoin price drops, bitcoin and mining economics get worse, but it’s not just a straight-down decline.”

ADVERTISEMENT

Grim Mining Economics

Nelson then asked, “So what’s going on now?”

LaBerge responded, “Right now, the network hash rate is pretty stable. The bitcoin price has dropped, but the number of participants is still the same or close to the same.”

This means that the profitability of mining is declining in the short term. “Now that the space is more institutionalized… hash rates are more likely to go up as bitcoin prices surge than go down as prices fall,” he added. “So some miners are in a tough spot right now.”

Bitdeer’s Advantage

When asked how Bitdeer is coping with this, LaBerge stressed that their advantage is not just in mining scale, but in technology.

“We’re actually designing the chips and hardware that go into making bitcoin mining equipment,” he said. “We can design and build these ourselves for use in our own data centers, and at a lower price point than anyone else on the market.”

LaBerge added that this sets them up for the future: “We anticipate a significant refresh cycle… where efficiency and having the most efficient bitcoin miners will be critical.”

Bitdeer does hold bitcoin on its balance sheet—“we’re very bullish on it,” LaBerge said—but it’s not a core strategy. “Our core business is really the technology side.”

Related topics:

  • How to Buy Steel Stocks
  • How to Sell Stocks
  • How to Analyze Bank Stocks
ADVERTISEMENT
Previous Post

8 Guidelines For Becoming A Forex Trader

Next Post

8 Steps To Cancel Health Insurance

Alice

Alice

Related Posts

Trump’s Mideast Trip: Us Tech In Post-Oil Era
Stocks

Trump’s Mideast Trip: Us Tech In Post-Oil Era

2025-05-14
What To Watch Next In The Bond Market
Stocks

5 Key Characteristics Of Stocks Suitable For Day Trading

2025-05-14
What Are Core Stocks? A Detailed Guide To Core Stocks
Stocks

What Are Core Stocks? A Detailed Guide To Core Stocks

2025-05-14
Stock Buy Price & Sell Price: Differences And Influencing Factors
Stocks

Stock Buy Price & Sell Price: Differences And Influencing Factors

2025-05-14
What Does VWAP Mean In Stocks? A Complete Guide
Stocks

What Does VWAP Mean In Stocks? A Complete Guide

2025-05-14
How To Invest In International Stocks: A Step-By-Step Guide
Stocks

What Are The Advantages And Disadvantages Of Common Stocks?

2025-05-13
How To Trade Forex With Metatrader 4
Stocks

5 Steps To Buying Fintech Stocks

2025-05-13
P/E Ratio In Stocks: What It Means & How To Use It
Stocks

P/E Ratio In Stocks: What It Means & How To Use It

2025-05-13
Ask Size In Stocks: What It Means?
Stocks

Ask Size In Stocks: What It Means?

2025-05-13
Next Post
Insurance27

8 Steps To Cancel Health Insurance

Deep Fear Lurks Behind Wall Street Calm

Deep Fear Lurks Behind Wall Street Calm

Forex1

6 Step Guide To Forex Trading

Popular Articles

China Insurance Association Introduces Elderly-Friendly Service Standards for Insurance Sector
Insurance

China Insurance Association Introduces Elderly-Friendly Service Standards for Insurance Sector

by jingji06
2025-05-14

The China Insurance Association has officially unveiled the Elderly-Friendly Service Standards for Insurance Institutions marking a significant step toward improving...

Stocks7

How To Find Oversold Stocks: A Beginner’s Guide

2025-05-10
How Much Is Trintellix Without Insurance?

How Much Is Trintellix Without Insurance?

2025-05-09
Forex1

What Is A Prop Firm Forex: How Does It Work?

2025-05-12
This Is The Biden Campaign That Trump Still Supports

This Is The Biden Campaign That Trump Still Supports

2025-05-11
How To Read Forex Charts: A Beginner’s Guide

How To Read Forex Charts: A Beginner’s Guide

2025-05-12
Who Pays for My Health Insurance While on Workers’ Compensation

Who Pays for My Health Insurance While on Workers’ Compensation

2025-05-13
What Is The Average Drawdown Of A Stock? How Does It Work?

What Is The Average Drawdown Of A Stock? How Does It Work?

2025-05-12

Recent Posts

China’s Inclusive Finance: Powering Innovation in the New Quality Productive Forces
News

China’s Inclusive Finance: Powering Innovation in the New Quality Productive Forces

by jingji06
2025-05-14

As China accelerates its development of "new quality productive forces"—a growth model prioritizing technological breakthroughs and industrial modernization—financial inclusion has...

RMB Strengthens as China-U.S. Trade Tensions Ease

RMB Strengthens as China-U.S. Trade Tensions Ease

2025-05-14
China Launches 2025 SME Financial Support Initiative

China Launches 2025 SME Financial Support Initiative

2025-05-14
Building a World-Class Treasury System: China’s Path to Financial Resource Integration

Building a World-Class Treasury System: China’s Path to Financial Resource Integration

2025-05-14
China Insurance Association Introduces Elderly-Friendly Service Standards for Insurance Sector

China Insurance Association Introduces Elderly-Friendly Service Standards for Insurance Sector

2025-05-14
Hot Topic Focus | Serving 310 Million Seniors: China Releases Groundbreaking Insurance Service Standards

Hot Topic Focus | Serving 310 Million Seniors: China Releases Groundbreaking Insurance Service Standards

2025-05-14
The Global Battle for Digital Currency Supremacy Reshapes Financial Order

The Global Battle for Digital Currency Supremacy Reshapes Financial Order

2025-05-14
U.S. Treasury Sell-Off Sparks Global Financial Market Turmoil, Raising Fears of a Debt Crisis

U.S. Treasury Sell-Off Sparks Global Financial Market Turmoil, Raising Fears of a Debt Crisis

2025-05-14

Cryptocurrency

Cryptocurrency27

NFT Marketplace X2Y2 to Shut Down After Three Years as Trading Volume Plummets

2025-04-04
Cryptocurrency

Elon Musk Denies U.S. Government Plans to Use Dogecoin, Cryptocurrency Drops 3%

2025-04-01
Cryptocurrency

Gold Bull Peter Schiff Bets on Bullish Gold Amid Bitcoin’s Struggles

2025-03-30
Cryptocurrency

Fidelity Plans to Launch Spot Solana ETF

2025-03-29
Cryptocurrency

BlackRock Launches Bitcoin ETP in Europe: A Key Step for Institutional Adoption

2025-03-28
Cryptocurrency

Closing Bell Movers: GameStop Gains 7% on Earnings, Bitcoin Announcement

2025-03-27
FinancialfocusHub.com

FinancialFocusHub.com is your gateway to insightful financial guidance and strategies. Explore expert advice on investing, saving, and managing wealth. Stay informed with the latest trends and tools to empower your financial journey.

Recent Posts

  • China’s Inclusive Finance: Powering Innovation in the New Quality Productive Forces 2025-05-14
  • RMB Strengthens as China-U.S. Trade Tensions Ease 2025-05-14
  • China Launches 2025 SME Financial Support Initiative 2025-05-14
  • Building a World-Class Treasury System: China’s Path to Financial Resource Integration 2025-05-14
  • China Insurance Association Introduces Elderly-Friendly Service Standards for Insurance Sector 2025-05-14

TAGS

Useful Links

ABOUT US

Disclaimer

Privacy Policy

Copyright © 2024 financialfocushub.com

No Result
View All Result
  • Home
  • Forex
  • Insurance
  • News
  • Stocks

Copyright © 2024 FinancialFocusHub.com is your gateway to insightful financial guidance and strategies. Explore expert advice on investing, saving, and managing wealth. Stay informed with the latest trends and tools to empower your financial journey.