ราคา LikeCoinLIKE

Security auditors will hit 6 figures in a single month and still live like this

Bitcoin miners are finding it much more expensive to operate lately, even though the network itself is stronger than ever. The latest Coinshares report really highlights this problem where it found that the average cash cost for big, publicly listed miners to produce one Bitcoin jumped dramatically to over $82,000 in the last quarter of 2024; that’s up from about $56,000 the previous quarter. And when you add in other costs like paying off equipment, the total average cost soared to around $137,000 per Bitcoin. Now, miners did manage to stay profitable during that time, but only because Bitcoin’s market price happened to be high, averaging around $82,000. This helped cover the high costs for a while. But this underlying cost pressure is forcing big shifts in the industry. Many mining companies started looking for new ways to make money, including shifting focus toward different industries like data centers and high-performance computing (HPC). Part of the challenge comes from Bitcoin’s own success. The network’s total computing power, called hashrate, has been climbing fast . It hit peaks over 926 EH/s (exahashes per second) recently and currently runs around 870 EH/s. More miners and more power joining the network makes it more secure, which is good. But it also makes it much harder for any single miner to successfully find the next block and earn Bitcoin rewards. Think of it like more people digging for gold in the same field – everyone’s individual chances go down. Related: Bitcoin Mining Power Soars Past 1,000 EH/s, but Miners Struggles Intensify It’s not just about electricity, which is a big part of the cash cost. Miners also deal with the “ASIC hamster wheel.” ASICs are the special computer chips used for mining. New, faster ones come out all the time, making older models less profitable quickly. So, miners have to keep spending big money on the latest gear just to stay in the game. This is very different from traditional industries where equipment might last for many years. At the same time miners face rising costs, their potential revenue per unit of computing power (called hash price) is expected to slowly decline over the long term. Even though it bounces around day-to-day (currently around $45 per Petahash/day after a recent dip below $40), analysts think it will mostly stay between $35-$50 and likely trend under $40 again by early 2026. More global competition means less revenue to go around for the same amount of work. So, miners face rising operational costs and potentially lower revenue per unit of work. Related: Bitcoin Price Needs to Double to Boost Miner Revenue, Says PlanB So, what miners are doing about this squeeze is they’re getting creative and diversifying. Many companies with large facilities and power contracts are starting to use them for other high-demand computing tasks, especially hosting services for Artificial Intelligence (AI) and High-Performance Computing (HPC). For example, major miner Core Scientific now reportedly uses 43% of its energy for AI customers. Cipher Mining is another big player making similar moves. This shift helps them build more stable income streams that aren’t totally dependent on Bitcoin’s price or mining difficulty. Meanwhile, there’s another factor brewing in the US market that could indirectly help miners by potentially boosting Bitcoin’s overall price. Several states, like Arizona and Texas, have bills in progress to potentially add Bitcoin to state investment funds or reserves (though a similar effort recently failed in Oklahoma). While it’s still early days and very uncertain, some estimates suggest these moves could eventually create over $10 billion in new buying demand for Bitcoin. If governments start treating Bitcoin like a reserve asset (similar to the federal Strategic Bitcoin Reserve established in March 2025), it strongly supports the argument that Bitcoin is a reliable long-term store-of-value, especially when people are worried about inflation. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Both OpenSea and Blur report that the artwork for CloneX, Nike’s NFT collection by RTFKT, is currently not displaying correctly. If one goes to OpenSea’s website , they will be greeted with the message: “This content has been restricted. Using Cloudflare’s basic service in this manner is a violation of the Terms of Service.” This likely stems from the termination of RTFKT’s Web3 services in January this year. Samuel Cardillo, who is the technical lead at RTFKT, said that CloneX is being moved to ArWeave for decentralized storage and should be back to normal shortly. This incident points out the importance of decentralized storage in the NFT ecosystem. While NFTs themselves are stored on the blockchain, their associated media often relies on external servers. In case these servers become unavailable, the NFT’s visual representation can be lost, which highlights a rather big vulnerability in the current infrastructure. As such, CloneX’s ongoing transition to a decentralized storage solution like ArWeave is crucial for the longevity and reliability of the NFTs. Decentralized storage solutions are there to make sure that digital assets remain accessible and intact, preserving their value and significance in the digital art and collectibles market. For context, RTFKT (pronounced “artifact”) is a digital fashion and NFT studio that, in collaboration with Japanese contemporary artist Takashi Murakami, launched the CloneX NFT collection in November 2021. This collection features 20,000 unique 3D avatar NFTs, each designed with anime-inspired aesthetics and intended for use in the metaverse. A month later, Nike acquired RTFKT. The acquisition led to collaborations that bridged the gap between virtual and physical products, such as the launch of RTFKT x Nike Air Force 1 sneakers inspired by CloneX designs. Each CloneX avatar is a fully rigged 3D model, allowing owners to use them across various digital platforms and virtual environments while being granted commercial IP rights. In other words, the owners can utilize their avatars for branding, merchandise, and other creative endeavors. Despite this high-profile history, RTFKT announced plans late last year to wind down operations by the end of January 2025. Adding to RTFKT’s troubles, the Rosen Law Firm made a statement in late April 2025 that it is preparing a class-action lawsuit seeking recovery of investor losses who bought Nike NFTs issued by RTFKT, related to the shutdown announcement. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The crypto market witnessed volatility over the past 24 hours, with over $264.94 million in total liquidations, according to Coinglass. Notably, 119,551 traders were liquidated in the period. A Binance trader recorded the largest single liquidation order, with a $12.46 million hit on its BTCUSDT pair. Bitcoin led the liquidation figures, contributing $82.49 million, while Ethereum, Solana, and Dogecoin also faced heavy losses. Interestingly, traders betting against the market (short sellers) took the biggest hit this time. Around $179.25 million of the liquidated positions were shorts. That’s more than double the $86 million liquidated from long positions. This suggests that sudden upward price movements caught many bearish speculators off guard. For context, Bitcoin surged past $95,000 yesterday after initially trading below $93,600 before retracing to $94,631. It has now surged by 0.93% in the past day. This volatility contributed to liquidation in shorts. Related: Bitcoin Season Reigns: Altcoin Index Flatlines Near Record Lows Regarding platform-specific data, Binance remained at the center of liquidation activity. The exchange saw $5.57 million in total liquidations, reflecting its dominant position in global crypto trading. Bybit followed closely with $4.69 million in wiped-out positions, while OKX recorded $2.27 million. Other exchanges, including Gate.io and HTX, experienced smaller but notable liquidation volumes. The liquidation spike reflects a broader sense of unease among leveraged traders as the bull run is back, with bearish traders facing the heat. While leveraged traders felt the pain, centralized exchanges experienced a significant inflow of fresh capital. According to Coinglass data , Tether (USDT) led the charge with $553 million in net inflows over the past 24 hours. Ethereum also posted healthy figures, recording $89 million in net inflows while Bitcoin saw $235 million in net outflows, the highest among all tracked assets. USD Coin (USDC) followed with $129 million in outflows, and Dogecoin registered $18.23 million, leaving exchanges. The movement of stablecoins like USDT into exchanges is traditionally interpreted as a sign that traders are preparing to re-enter the market. These inflows often precede increased buying activity. On the other hand, the significant outflow of Bitcoin suggests that investors are increasingly moving their assets into self-custody solutions. This behavior is typically associated with a longer-term bullish outlook. Related: Crypto Market Bounces Back with $644M Inflow, Ending Five-Week Outflow Streak Meanwhile, unrelated to the broad market liquidations but still driving specific activity, the surge in Trump token inflow could be attributed to President Donald Trump’s dinner. The organizers announced an exclusive dinner event scheduled for May at the Trump National Golf Club in Washington, DC. The dinner is open to the top 220 TRUMP token holders, with special benefits reserved for the top 25. The qualification period runs from April 24 to May 12, fueling a buying rush among investors. Notably, TRON founder Justin Sun leads the leaderboard. His wallet contains 1,176,803,002 TRUMP tokens, which are currently valued at around $14.32 million. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Brazil now has the world’s first spot XRP ETF. Asset manager Hashdex launched its XRPH11 fund on Brazil’s B3 stock exchange on April 25th. This launch is a significant step for crypto investment access in Latin America and puts Brazil ahead in offering regulated crypto products. The XRPH11 ETF is designed to track the Nasdaq XRP Reference Price Index. It does this by holding at least 95% of its assets in XRP , either directly or through related instruments like futures. Hashdex’s bold move now makes Brazil a leader in this space. It has also intensified pressure on the United States, where regulators haven’t yet approved a similar spot XRP ETF, even though XRP has American roots via Ripple Labs. This XRPH11 launch received approval from Brazil’s CVM (Securities and Exchange Commission) earlier in the year. Hashdex also recently got the green light for a Solana spot ETF in Brazil , showing their quick expansion in the region. XRPH11 is now the ninth crypto ETF offered by Hashdex on the B3 exchange, alongside others tracking Bitcoin, Ethereum, and Solana. The fund, officially named the Hashdex Nasdaq XRP Fund de Índices, is managed by Genial Investimentos. Genial Bank SA acts as the custodian, responsible for securely holding the ETF’s assets. Related: Hashdex Seeks SEC Approval to Add Litecoin to Its Nasdaq Crypto Index US ETF The fund aims for simple XRP exposure with competitive fees: a total annual fee capped at 0.8% (0.7% management + 0.1% custody) and zero structuring fees for investors. This partnership between Hashdex and Genial also shows Brazil’s financial market is quickly maturing and embracing digital assets. While Brazil surges ahead, the US still lags on approving a spot XRP ETF, despite growing investor demand and multiple filings. Recent political shifts under the Trump administration, which aims to make the US a global crypto hub with clearer regulations, could speed things up. Big players like Grayscale and Franklin Templeton have already submitted applications for US spot XRP ETFs, signaling their confidence that approval might be coming. Related: Hashdex Revamps Bitcoin ETF Filing, but Key Detail Remains Unclear Brazil’s launch of XRPH11 now adds more urgency. Investors and the industry are watching closely to see if the US SEC will act faster on the pending applications. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.