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Bitcoin Hashrate Inches Closer to Record as Difficulty Rise Looms
7.10.2024
Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second (EH/s) recorded on Sept. 8. At present, it’s cruising just shy of that record, clocking in at 680 EH/s. Block times have been quicker than the typical ten-minute average, and as we approach Oct. 9,...
CleanSpark still to restore 165MW in aftermath of Hurricane Helene
1.10.2024
The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power.
The key misunderstanding with China's purported BTC hashrate dominance
26.9.2024
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%
US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant
24.9.2024
According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control about 40%. Chinese Pools Still Control Majority of Bitcoin Hashrate On Monday, Cryptoquant’s founder...
China still controls 55% of Bitcoin hashrate despite crypto ban
23.9.2024
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021
China still controls 55% of Bitcoin hashrate despite crypto ban
23.9.2024
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021
Global Bitcoin Hashrate Moves to America Amid China’s Mining Ban
23.9.2024
In recent years, the global Bitcoin mining landscape has undergone a dramatic transformation. Once dominated by Chinese miners,…
Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1
20.9.2024
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro. And if we go...
Bitcoin Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows
20.9.2024
September's counter-seasonal price trend has already started to show signs of this divergence trend helping BTC
Bitcoin miner solves block alone, grabs $180,000 reward
11.9.2024
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain
Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement
10.9.2024
Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin...
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
7.9.2024
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday,...
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
6.9.2024
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs
Bitcoin network hashrate reaches new all-time high
3.9.2024
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion
Bitcoin network hashrate reaches new all-time high
3.9.2024
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion
Bitcoin mining CEO eyes hashrate contracts to offset rising costs
30.8.2024
The slashing of the Bitcoin block subsidy from 6.25 Bitcoin to 3.125 during the April 2024 halving has placed financial pressure on miners
Bitcoin hashrate drawdown hits bear market levels, but miners aren’t selling
18.7.2024
Could miner capitulation signal that selling pressure is easing, or could it be the death spiral that takes Bitcoin out of its decade-long run?
Bitcoin hashrate drawdown reaches December 2022 levels
1.7.2024
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
18.6.2024
Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say
Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels
28.5.2024
Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week. Bitcoin Hashrate Reaches Unprecedented 657 EH/s...