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To avoid being in the red, publicly-listed Bitcoin mining companies will need BTC price to be at least $98,000 by the halving next year. Predictions that Bitcoin (BTC) will see a six-figure price by the end of next year continue to surface despite BTC price losing the $30,000 level in recent days.  But for publicly-listed Bitcoin miners , in particular, a price north of $100,000 may be more of a necessity than a forecast if their business models are to remain profitable. Bitcoin halving: Bad news for public miners? Bitcoin mining stocks have been on a tear this year, outperforming BTC in recent months by a wide margin. While BTC has seen reduced volatility and a period of consolidation, Bitcoin mining companies' stocks have risen by nearly 100% in a matter of months. Recent performance of popular BTC mining stocks. Source: Made Easy – Finance on Seeking Alpha A recent report by “Made Easy – Finance” on Seeking Alpha goes into detail on the subject by examining one popular miner i...

Many people believe that Bitcoin users typically send their transactions directly to miners or mining pool operators. However, this is actually very uncommon. Instead, users generally broadcast transactions essentially at random — in other words, to whichever nodes happen to be connected to them and online at the time. Usually, a Bitcoin user has no guarantee that a miner will ever see their transaction. They simply hope that random rebroadcasts among volunteer nodes will ping-pong their transaction across the network and eventually, somehow into a miner’s node. This might seem odd and counterintuitive. Why not simply broadcast a transaction directly to a miner as a regular matter of course? Well, the explanation for this curious custom showcases the unique decentralization of the Bitcoin network . A counterintuitive yet effective path to decentralization Miners (or mining pool operators, specifically) select and order transactions within a block. Obviously, these mining operato...