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Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
7.8.2024
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also referred to as the hashprice, to drop below $36...
Turn Up The Heat With Helldivers 2’s Most Brutal Difficulty Yet
7.8.2024
Helldivers 2 is well regarded for being a difficult, even overwhelming, game most of the time, but the most surprising thing about it is the fact that it can be scaled. Since its launch back in February, Helldivers 2 has boasted a difficulty scale running from 1-9, with 9 being the hardest setting....
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
4.8.2024
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin...
QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic Woes
3.8.2024
QCP Capital has reported a significant reversal in the crypto market, with bitcoin (BTC) prices retracing from recent highs. This shift comes amid an influx of bitcoin supply and worsening macroeconomic conditions. QCP Analysts Highlight Market Correction Driven by Bitcoin Supply Surge and Bearish...
Bitcoin network difficulty breaks 3-month downtrend to mark new ATH
2.8.2024
Bitcoin’s network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high
Bitcoin network difficulty breaks 3-month downtrend to mark new ATH
2.8.2024
Bitcoin’s network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
31.7.2024
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle...
Elden Ring Is Exactly What My Anxiety Needs
25.7.2024
I suffer from pretty bad anxiety, and in 2024, I think I’ve hit some personal records when it comes to sudden spikes of irrational, panic-inducing, thought-clouding, anxiety that has done wonders on my mental health, work performance, familial and platonic relationships, and more. Naturally,...
Helldivers 2 Is Getting Even Tougher In A Huge New Update
23.7.2024
Helldivers 2 has changed a lot over the past five months, but that change has been largely incremental, taking place across a number of smaller, steadily released updates. It seemed like every other week, there was some new feature, enemy, or environment that was being debuted. Eventually, these...
Flintlock: Six Tips To Build Your Power And Slay Your Foes
19.7.2024
Flintlock: The Siege of Dawn isn’t likely to make it to the top of most folks’ list of hardest soulslike titles, but that doesn’t mean it doesn’t offer a challenge—especially if you’re not taking full advantage of everything the game has to offer. Read more
Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June
13.7.2024
Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash per second (PH/s) of hashrate remains notably low at $47.79 per PH/s. Despite the revenue decline, Bitcoin’s hashrate is still just under...
Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says
9.7.2024
Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
7.7.2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty...
Bitcoin mining difficulty hits lowest level since March as price tops $57K
6.7.2024
The drop in mining difficulty should spell relief for the largest mining firms
Bitcoin mining difficulty set for another drop following FTX collapse
5.7.2024
The resilience of Bitcoin miners is currently being tested, and miners anticipate a 5% drop in Bitcoin’s mining difficulty. Bitcoin mining refers to the process of creating and distributing Bitcoin for circulation. Mining difficulty is a metric that determines how hard it is for a miner...
Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
2.7.2024
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase
Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall
29.6.2024
With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $50 and hovering just above...
Elden Ring: Shadow Of The Erdtree, As Told By Steam Reviews
26.6.2024
Shadow of the Erdtree is Elden Ring’s only expansion, and is therefore a really big deal. After years of anticipation, it finally landed last week, and players have been digging into it ever since. Evidently there’s a lot there, considering this expansion builds on one of the biggest games I’ve...
Elden Ring Players Are Split On Whether The DLC’s Bosses Are BS Or Not
25.6.2024
Elden Ring has once again found itself at the center of a huge discourse around video game difficulty and I’m already mostly bored of it. Not only do we keep having the same conversation, but it often feels like the wrong conversation, too. However, there’s a wrinkle in this latest round that...
‘Survival games’ as Bitcoin hash price skirts near all-time low
25.6.2024
Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being