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Tag: Hashrate

Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
News

Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2

August 4, 20224 min read

The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile,

Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge
News

Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge

July 6, 20224 min read

On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15,

BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected
News

BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected

July 2, 20224 min read

While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners

Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
News

Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition

June 4, 20225 min read

As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month
News

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month

June 2, 20224 min read

During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has

Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets
News

Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

April 4, 20222 min read

On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000

Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High
News

Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High

February 17, 20223 min read

The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per

Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
News

Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits

January 23, 20223 min read

After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty

Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH
News

Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH

January 15, 20223 min read

Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s).

Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners
News

Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners

January 10, 20223 min read

The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at

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