Bitcoin’s hashrate has picked up speed, adding 88 exahash per second (EH/s) over the past 11 days after falling to 810 EH/s …
Hashrate
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Mining
Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan
by shayaanby shayaanThe Bitcoin network monthly average hashrate fell about 3% in June, Wall Street bank JPMorgan (JPM) said in a research report Tuesday. …
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Mining
Why Did Bitcoin Hashrate Plummet After the U.S. Attacked Iran’s Nuclear Facility? Was Iran Mining Bitcoin? Here Are Estimates of Its Bitcoin Holdings
by shayaanby shayaanIran has turned to cryptocurrency mining and trading since 2019, as its local currency has been devalued due to years of harsh …
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In June, Bitcoin’s hashrate suddenly plunged to its lowest level in over a year. The decline came amid heightened political tensions between …
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Mining
Hashrate Sinks to 8-Month Low—Golden Entry or Looming Risk for Bitcoin Miners?
by shayaanby shayaanAccording to data from BitInfoCharts, Bitcoin’s daily average hashrate has dropped to 684.48 EH/s, the lowest since mid-October last year. This decline, …
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CleanSpark (CLSK), a U.S.-based bitcoin BTC$106,199.49 mining firm, said Tuesday that it reached 50 exahashes per second (EH/s) of operational hashrate — …
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Mining
Bitcoinn set for biggest mining difficulty drop since 2021 as hashrate collapses
by shayaanby shayaanBitcoin’s mining network could face a difficulty adjustment on the lower side for the first time in nearly four years. The difficulty …
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Mining
Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze
by shayaanby shayaanAfter attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with …
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Bitcoin BTC$107,709.17 miners are facing mounting pressure as the network’s hashrate and difficulty continue to climb, tightening margins even as bitcoin’s price …
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Mining
U.S.-Listed Bitcoin Miners’ Share of Network Hashrate Hit Record High in June: JPMorgan
by shayaanby shayaanThe total hashrate of the 13 U.S.-listed bitcoin BTC$107,661.84 miners tracked by JPMorgan (JPM) now accounts for around 31.5% of the global …