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Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
8.9.2024
After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is more than 13 EH/s above the previous level. Bitcoin Smashes Another Hashrate Record, Climbing 66 EH/s in a Week...
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
Blockstream Mining issues hashrate-backed security token in fundraise
5.9.2024
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding
Blockstream Mining issues hashrate-backed security token in fundraise
5.9.2024
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding
Bitcoin Miner Iris Energy Increases Mining Output by 10%
5.9.2024
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining...
Blockstream Mining Starts Third Investment Round for Hashrate-Backed Tokenized Note
5.9.2024
The EU-compliant security token gives investors exposure to the hashrate over a four year period
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
4.9.2024
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin Mining Operations Push Through Lower Hashprice...
Bitcoin price loses traction as miner profits drop and spot BTC outflows persist
3.9.2024
Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows
Bitcoin price loses traction as miner profits drop and spot BTC outflows persist
3.9.2024
Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows
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 miners see worst revenues in 11 months as difficulty climbs
2.9.2024
August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year
Solo miner wins $200K Bitcoin lottery with just 0.012% of hashrate
30.8.2024
A solo Bitcoin miner operating as part of the Solo CK pool solved a block with just 0.012% of the average hashrate.
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’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
29.8.2024
On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s...
Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024
26.8.2024
In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top of these metrics, the blockchain also saw its busiest transfer day in history on April 23, with...
Bitcoin’s Last Difficulty Drop Likely to Be Erased in 3 Days
25.8.2024
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest that this drop might soon be history. On Aug. 28, the difficulty is expected to bounce back...
Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network’s Hashrate
24.8.2024
In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began, Foundry’s hashrate has climbed by about 75 exahash per second (EH/s), marking a significant...
Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?
19.8.2024
Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop