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Biggest storyBitcoin Fork Proposal BIP-110 Nears August Deadline With Almost No Miner Support
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Bitcoin Fork Proposal BIP-110 Nears August Deadline With Almost No Miner Support
A proposal to ban Ordinals-style data inscriptions from Bitcoin at the protocol level is approaching its activation window, but only 5 EH/s of mining power is signaling support — a fraction of what is needed. A contested fork attempt could create short-term uncertainty.
TECHNOLOGYJun 28Seen by 1 sourceBitcoin.com NewsWhy it matters
Hurts BitcoinImpact· 60/100
Bitcoin Trades $24K Below Miner Production Cost, Forcing Weak Miners to Sell
Miners are estimated to need around $84,300 per coin to break even all-in, but Bitcoin is sitting near $60K — a gap of roughly $24,000. Miners losing money this badly have to sell coins just to keep the lights on, adding constant selling pressure to an already stressed market.
MININGJun 27Seen by 1 sourceCryptoSlateWhy it matters
