BTC’s Climb Lifts Miner Revenue, Restoring Hashprice to June Levels
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As bitcoin’s price rises to new heights, miners are cashing in, with the value of 1 petahash per second (PH/s) of SHA256…
The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice
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Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the…
Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month
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Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid…
Bitcoin’s Computational Power Falls 9.95% After Record Hashrate
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Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58%…
Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
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Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to…
Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
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After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash…
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
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As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power…
Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
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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…
Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits
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With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only…
Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High
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According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On…