Will history repeat itself, or have miners learned their lessons?
Cipher sold 611% of its bitcoin production in September, reducing reserves by 923 BTC
Despite low profits and high difficulty, some pubcos are doubling down on mining
The Bitcoin Halving's painful hangover is still on
Deal follows 300MW transaction for Black Pearl site
Hashprice down to $46/PH/s following record difficulty
Price for the miner option increases from $122 million to $186 million
June production declined by 4.2% despite a lower network hashrate
Expansion plans of nearly 900 megawatts since halving
Argo, Stronghold, and Bit Digital reported larger realized hashrate decline in May than bitcoin's network average
Cipher sold 50 BTC in the first full month after the bitcoin halving
Also updating the price-hash ratio of mining pubcos