📣 Create Blog for Traders!
Stop Watching news - Start Making it.

Everyone's losing their minds over the oil crisis and its effect on Bitcoin miners. The Luxor report making the rounds this week correctly points out that for most of the global hashrate, oil prices are a non-issue. But they're missing the forest for the trees. The real threat isn't the direct cost of energy; it's the cost of capital. In a world sp...

I almost made a mistake this week. A big one. Heading into Friday's close, I was looking at my portfolio and seriously considered trimming my Bitcoin miner positions like RIOT and MARA. With BTC chopping around $71,000, they felt like just another high-beta play with thinning margins. Then I read the note from VanEck's Matthew Sigel, and it hit me:...

Everyone on Twitter is losing their minds over MARA planning to sell Bitcoin. The narrative is that the biggest public miner has lost faith, that the 'hodl' dream is dead. I think that's completely wrong. This isn't a betrayal of some crypto ethos; it's a public company finally being forced to act like a real, functioning business. And frankly, it'...

So here's what nobody is talking about with the MARA Q4 numbers. I woke up this morning, did my usual DefiLlama check, and saw the headlines flashing. A staggering $1.7 billion loss. My first thought was, 'Well, that's going to be a bloodbath.' But then I checked the pre-market. Up 15%. This is the kind of disconnect that makes you question everyth...

I almost made a mistake this week. I saw the chatter, the ticker, the famous name attached, and for a second, the 2017 degen in me got a little rush. The temptation to punt on a narrative stock is real. Then I pulled up the chart for American Bitcoin, ticker $ABTC, and my discipline kicked back in. Seeing Eric Trump out there hyping up his mining c...

Is this week's viral story about a solo miner turning $75 into $200,000 the new crypto dream? Let me be direct: absolutely not. It’s a statistical anomaly, a brilliant but unrepeatable stroke of luck. While it's a fantastic headline, treating it as anything more than a lottery win is a dangerous misinterpretation of how the Bitcoin network actually...

You saw the news. Some solo miner rented a bit of hash power for $75 and hit a 3.125 BTC block reward worth over $200,000. The entire internet is screaming "lottery winner!" and "unbelievably lucky!" And they're missing the entire point. This isn't a story about luck. It's a flashing neon sign pointing to the kind of asymmetric bets that build acco...

Think you need a million-dollar ASIC farm to participate in the Bitcoin network? Think again. This morning, while checking the block data before my coffee, I saw it: block #938092. One solo miner, renting about 1 PH/s of hashrate for a measly $75, hit the jackpot. The reward: 3.125 BTC, worth about $200,000 at today's price of $66,068. Most people ...

By On-Chain Analytics & Mining Economics Team | Last Updated: February 22, 2026

According to MacroMicro data, the aggregate average cost of mining Bitcoin is currently around $84,000.