• bitcoinBitcoin (BTC) $ 116,413.00
  • ethereumEthereum (ETH) $ 4,586.90
  • xrpXRP (XRP) $ 3.08
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 987.64
  • solanaSolana (SOL) $ 244.39
  • usd-coinUSDC (USDC) $ 0.999725
  • dogecoinDogecoin (DOGE) $ 0.281242
  • staked-etherLido Staked Ether (STETH) $ 4,582.37
  • cardanoCardano (ADA) $ 0.909320
  • tronTRON (TRX) $ 0.343590
  • wrapped-stethWrapped stETH (WSTETH) $ 5,557.30
  • chainlinkChainlink (LINK) $ 23.98
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,946.73
  • hyperliquidHyperliquid (HYPE) $ 57.79
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 116,537.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • suiSui (SUI) $ 3.78
  • avalanche-2Avalanche (AVAX) $ 31.77
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • stellarStellar (XLM) $ 0.394813
  • bitcoin-cashBitcoin Cash (BCH) $ 618.26
  • wrapped-eethWrapped eETH (WEETH) $ 4,936.40
  • wethWETH (WETH) $ 4,589.49
  • hedera-hashgraphHedera (HBAR) $ 0.242267
  • litecoinLitecoin (LTC) $ 117.00
  • leo-tokenLEO Token (LEO) $ 9.52
  • crypto-com-chainCronos (CRO) $ 0.237172
  • the-open-networkToncoin (TON) $ 3.13
  • usdsUSDS (USDS) $ 0.999416
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 116,584.00
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • polkadotPolkadot (DOT) $ 4.40
  • whitebitWhiteBIT Coin (WBT) $ 43.93
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.220814
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • uniswapUniswap (UNI) $ 9.56
  • moneroMonero (XMR) $ 300.59
  • mantleMantle (MNT) $ 1.69
  • ethenaEthena (ENA) $ 0.709882
  • pepePepe (PEPE) $ 0.000011
  • memecoreMemeCore (M) $ 2.83
  • aaveAave (AAVE) $ 306.14
  • bitget-tokenBitget Token (BGB) $ 5.03
  • daiDai (DAI) $ 0.999641
  • okbOKB (OKB) $ 195.23
  • jito-staked-solJito Staked SOL (JITOSOL) $ 301.10
  • nearNEAR Protocol (NEAR) $ 2.82
  • bittensorBittensor (TAO) $ 358.46
  • ondo-financeOndo (ONDO) $ 1.06
  • worldcoin-wldWorldcoin (WLD) $ 1.60
  • myx-financeMYX Finance (MYX) $ 17.28
  • ethereum-classicEthereum Classic (ETC) $ 20.88
  • aptosAptos (APT) $ 4.57
  • story-2Story (IP) $ 10.17
  • binance-staked-solBinance Staked SOL (BNSOL) $ 261.77
  • pi-networkPi Network (PI) $ 0.359617
  • pump-funPump.fun (PUMP) $ 0.008231
  • usdt0USDT0 (USDT0) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,590.55
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.262002
  • arbitrumArbitrum (ARB) $ 0.520433
  • usd1-wlfiUSD1 (USD1) $ 0.999760
  • internet-computerInternet Computer (ICP) $ 4.84
  • kaspaKaspa (KAS) $ 0.088655
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 57.83
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.90
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.035829
  • vechainVeChain (VET) $ 0.025238
  • cosmosCosmos Hub (ATOM) $ 4.60
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • algorandAlgorand (ALGO) $ 0.244014
  • susdssUSDS (SUSDS) $ 1.06
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,839.01
  • render-tokenRender (RENDER) $ 4.00
  • rocket-pool-ethRocket Pool ETH (RETH) $ 5,238.46
  • gatechain-tokenGate (GT) $ 17.17
  • sei-networkSei (SEI) $ 0.332631
  • kucoin-sharesKuCoin (KCS) $ 15.92
  • bonkBonk (BONK) $ 0.000025
  • fasttokenFasttoken (FTN) $ 4.48
  • hash-2Provenance Blockchain (HASH) $ 0.038038
  • falcon-financeFalcon USD (USDF) $ 0.999896
  • usdtbUSDtb (USDTB) $ 0.999563
  • skySky (SKY) $ 0.077024
  • filecoinFilecoin (FIL) $ 2.57
  • flare-networksFlare (FLR) $ 0.023922
  • official-trumpOfficial Trump (TRUMP) $ 8.69
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.665618
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,833.65
  • bfusdBFUSD (BFUSD) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.542871
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,961.66
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 116,438.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,860.48
  • immutable-xImmutable (IMX) $ 0.750125
  • optimismOptimism (OP) $ 0.812482
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • injective-protocolInjective (INJ) $ 14.41
  • celestiaCelestia (TIA) $ 1.78
  • xdce-crowd-saleXDC Network (XDC) $ 0.078003
  • tether-goldTether Gold (XAUT) $ 3,671.56
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 278.44
  • spx6900SPX6900 (SPX) $ 1.47
  • wbnbWrapped BNB (WBNB) $ 988.57
  • nexoNEXO (NEXO) $ 1.29
  • paypal-usdPayPal USD (PYUSD) $ 0.999625
  • blockstackStacks (STX) $ 0.674301
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,919.79
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 116,701.00
  • aerodrome-financeAerodrome Finance (AERO) $ 1.34
  • lido-daoLido DAO (LDO) $ 1.30
  • sonic-3Sonic (S) $ 0.308166
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997989
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.12
  • msolMarinade Staked SOL (MSOL) $ 324.02
  • curve-dao-tokenCurve DAO (CRV) $ 0.783188
  • saros-financeSaros (SAROS) $ 0.405877
  • pax-goldPAX Gold (PAXG) $ 3,672.74
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • super-oethSuper OETH (SUPEROETH) $ 4,596.10
  • the-graphThe Graph (GRT) $ 0.097196
  • flokiFLOKI (FLOKI) $ 0.000101
  • pyth-networkPyth Network (PYTH) $ 0.169302
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 116,524.00
  • dogwifcoindogwifhat (WIF) $ 0.960760
  • conflux-tokenConflux (CFX) $ 0.183688
  • kaiaKaia (KAIA) $ 0.160085
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.69
  • fartcoinFartcoin (FARTCOIN) $ 0.926462
  • clbtcclBTC (CLBTC) $ 117,734.00
  • raydiumRaydium (RAY) $ 3.41
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.36
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,425.72
  • pendlePendle (PENDLE) $ 5.18
  • theta-tokenTheta Network (THETA) $ 0.843881
  • zcashZcash (ZEC) $ 51.36
  • tezosTezos (XTZ) $ 0.789404
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,590.65
  • galaGALA (GALA) $ 0.017974
  • ether-fiEther.fi (ETHFI) $ 1.60
  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.28
  • aethirAethir (ATH) $ 0.064890
  • iotaIOTA (IOTA) $ 0.194392
  • jito-governance-tokenJito (JTO) $ 2.05
  • vaultaVaulta (A) $ 0.480301
  • the-sandboxThe Sandbox (SAND) $ 0.310638
  • fourFour (FORM) $ 1.94
  • ripple-usdRipple USD (RLUSD) $ 0.999894
  • ousgOUSG (OUSG) $ 112.60
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.282073
  • jasmycoinJasmyCoin (JASMY) $ 0.014696
  • stader-ethxStader ETHx (ETHX) $ 4,914.34
  • tbtctBTC (TBTC) $ 116,141.00
  • morphoMorpho (MORPHO) $ 2.06
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.995880
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • decentralandDecentraland (MANA) $ 0.350288
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,588.12
  • flowFlow (FLOW) $ 0.410695
  • newton-projectAB (AB) $ 0.008462
  • bittorrentBitTorrent (BTT) $ 0.00000065
  • walrus-2Walrus (WAL) $ 0.441207
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 5,048.38
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,907.17
  • beldexBeldex (BDX) $ 0.084479
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.83
  • arbitrum-bridged-wrapped-eethArbitrum Bridged Wrapped eETH (Arbitrum) (WEETH) $ 4,937.71
  • swethSwell Ethereum (SWETH) $ 4,969.69
  • global-dollarGlobal Dollar (USDG) $ 0.999676
  • loaded-lionsLoaded Lions (LION) $ 0.018439
  • starknetStarknet (STRK) $ 0.138182
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 38.85
  • usual-usdUsual USD (USD0) $ 0.997964
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,565.42
  • build-onBUILDon (B) $ 0.541315
  • vision-3Vision (VSN) $ 0.163797
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 116,571.00
  • based-brettBrett (BRETT) $ 0.053610
  • bitcoin-svBitcoin SV (BSV) $ 26.24
  • dydx-chaindYdX (DYDX) $ 0.663660
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 270.29
  • usddUSDD (USDD) $ 1.00
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,592.96
  • frax-etherFrax Ether (FRXETH) $ 4,568.19
  • syrupMaple Finance (SYRUP) $ 0.447046
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.994447
  • true-usdTrueUSD (TUSD) $ 0.998354
  • heliumHelium (HNT) $ 2.60
  • apecoinApeCoin (APE) $ 0.602244
  • neoNEO (NEO) $ 6.80
  • wormholeWormhole (W) $ 0.099501
  • arweaveArweave (AR) $ 7.21
  • thorchainTHORChain (RUNE) $ 1.34
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007775
  • coredaoorgCore (CORE) $ 0.460436
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999699
  • telcoinTelcoin (TEL) $ 0.004945
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999598

Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares

0 62

Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares

Bitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday.

“Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China),” analysts led by James Butterfill wrote.

Bitcoin miners that are dependent on older or less-efficient rigs are faced with higher exposure to these tariffs, the report said.

Core Scientific (CORZ) is “better insulated, as it transitions to HPC,” the authors wrote, adding that Bitdeer (BTDR), which makes its own rigs, could see margin pressure on sales outside the U.S.

The asset manager predicts that the Bitcoin network hashrate could reach 1 zettahash per second (ZH/s) by July and 2 ZH/s by early 2027.

The hashprice outlook is not as positive.

The asset manager’s model indicates “a gradual structural decline, with prices likely to remain range-bound between $35 and $50 per PH/day through to the 2028 halving cycle.”

Tariffs and trade tensions could be positive for bitcoin adoption in the medium term, asset manager Grayscale said in a research report earlier this month.



Source

Leave A Reply

Your email address will not be published.