Row 7580

Row ID: 7580 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 7580 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

JPMorgan reports that Bitcoin mining costs have fallen to $45k from over $50k as inefficient miners leave the network after the halving. The current hashrate and power consumption suggest this decline. The bank anticipated this drop after the halving, but with a delay, attributing it in part to the launch of the Runes protocol, which caused a temporary increase in transaction fees. Hashrate means the total computing power on the BTC network. This decrease reflects the adjustment after halving miner rewards by 50%.

FieldValue
text JPMorgan reports that Bitcoin mining costs have fallen to $45k from over $50k as inefficient miners leave the network after the halving. The current hashrate and power consumption suggest this decline. The bank anticipated this drop after the halving, but with a delay, attributing it in part to the launch of the Runes protocol, which caused a temporary increase in transaction fees. Hashrate means the total computing power on the BTC network. This decrease reflects the adjustment after halving mi…
label r/cryptocurrencytrading
dataType post
communityName r/CryptoCurrencyTrading
datetime 2024-05-16
username_encoded Z0FBQUFBQm5LakwzOFp1RWNEb0wyY00ydVdxd3Y4aV9oejQzcEF3Qmd2aGNUbmhuYXNVRHAwTnRzZ21XeGNmMW5ZNGJzNHllZTRTMUdCdW5XbERCUnp1TjdvNG9qNkNSWFE9PQ==
url_encoded Z0FBQUFBQm5Lak9ILXNyQjlmcXpKY3Z5dnJlSEtsWHAwS0ItUkNfS2tNYi1ZQkpzMy1qdC1ROS1RRWttZUdzN2kwODAxWkF3eFpPSl9GWG8zZElpLWJPb2dFUlM5cjZwanpyRUdXcEt4Q05zbXlhLTljYzI5Vm4yRmwyQk5QSGdOYjgtWTd1dk90YklpUjhUNTZ4NnZES21fQ0JQMThWYWMycms3VUx5SER1OFlQak9sM1dqTUpmbEtxZmtJZEFIcHRua0RjS0pYNGRHM243V2g1czZVVkt5Zk54aWNpUmtSSUxVdlE3LV9vU3d0d2VncFFSVjZaMD0=

Raw Record

{
  "text": "JPMorgan reports that Bitcoin mining costs have fallen to $45k from over $50k as inefficient miners leave the network after the halving. The current hashrate and power consumption suggest this decline. The bank anticipated this drop after the halving, but with a delay, attributing it in part to the launch of the Runes protocol, which caused a temporary increase in transaction fees. Hashrate means the total computing power on the BTC network. This decrease reflects the adjustment after halving miner rewards by 50%.",
  "label": "r/cryptocurrencytrading",
  "dataType": "post",
  "communityName": "r/CryptoCurrencyTrading",
  "datetime": "2024-05-16",
  "username_encoded": "Z0FBQUFBQm5LakwzOFp1RWNEb0wyY00ydVdxd3Y4aV9oejQzcEF3Qmd2aGNUbmhuYXNVRHAwTnRzZ21XeGNmMW5ZNGJzNHllZTRTMUdCdW5XbERCUnp1TjdvNG9qNkNSWFE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9ILXNyQjlmcXpKY3Z5dnJlSEtsWHAwS0ItUkNfS2tNYi1ZQkpzMy1qdC1ROS1RRWttZUdzN2kwODAxWkF3eFpPSl9GWG8zZElpLWJPb2dFUlM5cjZwanpyRUdXcEt4Q05zbXlhLTljYzI5Vm4yRmwyQk5QSGdOYjgtWTd1dk90YklpUjhUNTZ4NnZES21fQ0JQMThWYWMycms3VUx5SER1OFlQak9sM1dqTUpmbEtxZmtJZEFIcHRua0RjS0pYNGRHM243V2g1czZVVkt5Zk54aWNpUmtSSUxVdlE3LV9vU3d0d2VncFFSVjZaMD0="
}
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