According 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, …
Hashrate
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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 …
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Mining
From High Gear to Grind: Bitcoin Hashrate Slides 75 EH/s After Etching New Record
by shayaanby shayaanBitcoin’s hashrate hit a record-setting 943 exahash per second (EH/s) on May 31, but in the days since then, the network’s processing …
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Mining
BitFuFu Hits Record 34.1 EH/s Hashrate as Bitcoin Production Surges in May
by shayaanby shayaanBitcoin mining firm BitFuFu posted a record-setting month in May, boosting its hashrate under management to 34.1 exahashes per second (EH/s) and …
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Mining
Riot Platforms Boosts Bitcoin Output to 514 BTC as Hashrate and Expansion Plans Ramp Higher
by shayaanby shayaanBitcoin miner Riot Platforms (RIOT) reported on Tuesday strong production growth in May, mining 514 BTC — an 11% increase from April …
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Mining
Bitcoin Mining Difficulty Is Set to Reach Record High Amid Surging Hashrate
by shayaanby shayaanBitcoin BTC$105,578.62 mining difficulty is on track to reach a new all-time high sometime around midnight UTC in a sign of increased …