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Bitcoin trades at $65K but miner fee revenue drops to 2019 levels, threatening mining profitability.

Market News
07 Aug 2026
UToday
View Source
Bearish
pluang ai news

Despite Bitcoin's price holding around $65,000, annual miner fee revenue has fallen to levels last seen in 2019 when Bitcoin was worth about $5,000. This paradox means miners earn the same from transaction fees despite the 13-fold price increase, squeezing their profit margins to critical lows and making older mining equipment unprofitable. As a result, many miners are shifting focus to high-performance computing and AI contracts with tech giants to stabilize income. This trend raises concerns about the future security of the Bitcoin network if transaction fees do not rise to compensate for declining block rewards.

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Elevra Lithium sells Western Australia pegmatite rights for A$16M plus royalties

Elevra Lithium sells Western Australia pegmatite rights for A$16M plus royalties

Elevra Lithium has sold its rights and obligations on the E45/2364 pegmatite project in Western Australia to Wildcat Resources for A$16 million in cash and shares, plus ongoing royalties if Wildcat defines a mineral resource. The deal includes immedi...

Company Fundamentals
Bullish
1 hour ago
RaceTrac's Beat The Freeze Sweepstakes returns with a $1,000 prize and a chance to race The Freeze at Braves game.

RaceTrac's Beat The Freeze Sweepstakes returns with a $1,000 prize and a chance to race The Freeze at Braves game.

RaceTrac has launched its fourth annual Beat The Freeze Sweepstakes, offering one grand prize winner the opportunity to race The Freeze mascot at the Atlanta Braves game on September 12, 2026, plus a $1,000 gift card and other perks. Participants can...

Others
Neutral
1 hour ago
Digital Realty backs Texas Governor Abbott's plan for responsible data center growth amid rising AI demand.

Digital Realty backs Texas Governor Abbott's plan for responsible data center growth amid rising AI demand.

Digital Realty, the largest cloud- and carrier-neutral data center platform, supports Texas Governor Abbott's initiative for responsible and transparent data center investment in Texas. The company emphasizes collaboration with officials and communit...

Market News
Bullish
2 hours ago
Verisk Analytics CEO Lee Shavel sells 2,500 shares for $550,000.

Verisk Analytics CEO Lee Shavel sells 2,500 shares for $550,000.

Verisk Analytics CEO Lee Shavel has sold 2,500 shares of the company, generating $550,000 from the transaction. This sale may indicate personal portfolio adjustments or strategic financial planning by the CEO. Investors might watch for any further in...

Market News
Bearish
2 hours ago
Financière de Tubize reports 5.4% profit rise to €100.8M in H1 2026, boosts dividends and slightly increases UCB stake.

Financière de Tubize reports 5.4% profit rise to €100.8M in H1 2026, boosts dividends and slightly increases UCB stake.

Financière de Tubize announced a 5.4% increase in net profit for the first half of 2026, reaching €100.8 million compared to €95.6 million in 2025. The company received €102.3 million in dividends from UCB, up 4.3% per share, and paid €48.1 million i...

Company Fundamentals
Bullish
3 hours ago
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