In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, so...
Tag: Hashrate
Bitcoin’s hashrate increase isn’t helping miners in any way, here’s why
Bitcoin miners were found facing some challenges with the rise in the BTC’s hashrate. The number of rigs required to mine Bitcoin increased, however, it caused a decline in miners’ profits. Over the l...
Bitcoin Miners Unfazed By ATH Difficulty As Hashrate Rises
The Bitcoin mining difficulty is currently sitting at all-time high values, but miners seem unfazed as the hashrate has only continued to rise recently. Bitcoin Mining Hashrate Continues Uptrend Despi...
Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty – Mining Bitcoin News
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate...
Bitcoin Miner Riot Blockchain Hashrate Reached an ATH in 2022
The Colorado-based bitcoin miner – Riot Blockchain – reported a total revenue of nearly $260 million for 2022, a 22% increase compared to 2021. It mined 5,554 BTC and boosted its hash rate capacity to...
The World’s first NFT Marketplace for Hashrate Collectibles
Cudo, the team behind the sustainable Cudos blockchain, Cudo Compute and Cudo Miner, has introduced the latest exciting addition to the Cudos ecosystem – AuraPool, an NFT marketplaceNFTs are all the n...
Bitcoin [BTC]: Why a hashrate hike will favor the bears
Another ATH of Bitcoin’s hashrate could lead to BTC’s price fall. The king coin has recently detached from the S&P 500 trend. A significant drop in Bitcoin’s [BTC] price could be imminent if the h...
Iceland’s abundance of renewable energy boosts Bitcoin hashrate
Ad With its vast renewable energy resources, Iceland has emerged as a prominent destination for Bitcoin mining. However, according to new research by one of the industry’s leading watchdogs, the count...
Bitcoin hashrate rises 20% in a week
The Bitcoin hashrate is at its all-time high of over 317 EH/s after 20% growth in a week. Meanwhile, the BTC price is at $24,000, up 13% in the last week. Bitcoin hashrate is up 20% The Bitcoin hash r...
Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times – Mining Bitcoin News
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see th...
Litecoin (LTC) Thanks Power Partner Dogecoin (DOGE) as Mining Hashrate Hits ATH
Litecoin has announced on its official Twitter account a new milestone for the network. The mining hashrate, which is the measure of the computational power per second used when mining, has set a new ...
Bitcoin retests $22.8k as hashrate hits 300 EH/s
Bitcoin (BTC/USD) rose on Wednesday as the crypto market strengthened following the week’s turmoil amid negative regulatory news and uncertainty across stock markets after Tuesday’s US inflation data....
Bitcoin Price Boosts Miners, as Hashrate Climbs
The majority of crypto-related equities finished up in positive territory last week, with US-traded mining firms gaining distance from historical lows set at the end of last year. Bitcoin is also push...
China ban ineffective as bitcoin hashrate hits new high
When China banned crypto mining, the bitcoin hashrate dived in May-June 2021, and its price also halved, from $60,000 to $30,000. However, the effect was only short-lived, and the network’s hashrate h...
Is Majority of BTC Mining Hashrate is Controlled by two Pools?
Since the last few months, Bitcoin hashrate has continuously increased, ultimately pushing the process of solving a block into a tougher scenario. As per data from Coinwarz at the time of writing this...
Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition – Altcoins Bitcoin News
Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereu...
China’s Ban of Bitcoin Mining is Now Just a Hashrate Blip – Trustnodes
China sent bitcoin’s hashrate diving in May-June 2021, while its price halved from $60,000 to $30,000. Close to two years on however, the only effect that had was that no block was found for an hour a...
Data Shows 50% Of Bitcoin Hashrate Controlled By Two Mining Pools
Bitcoin hashrate is becoming highly centralized, with a few mining pools controlling most of the blockchain mining power. The latest data from Mempool indicates that 50% of the total hashrate is held ...
Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit – Altcoins Bitcoin News
The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Li...
Riding an electric wave Litecoin’s hashrate hits all-time high
Litecoin (LTC )has been one of the best-performing big-cap tokens over the last several months, and its hashrate just hit a new all-time high, signaling some potential bullish activity on the network....
A Solo BTC Miner Validated a Block With Just 10 TH/s Hashrate
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BTC’s hashrate leads to rising tensions- Is mining industry at a crossroads?
Bitcoin hashrate is at an all-time high, and competition for block rewards is fierce. Miners’ revenue has declined, and the selling pressure may increase anytime soon. Bitcoin’s hashrate reached a new...
Litecoin Hashrate At New All-Time High, Good Sign For Price?
Data shows the Litecoin mining hashrate has hit a new all-time high, can this signal be positive for the price of the crypto? Litecoin Mining Hashrate Sets New All-Time High At 683.52 TH/s Litecoin, m...
Monero: With a wobbling hashrate, what does the future hold for XMR
Monero’s hashrate faltered drastically in a matter of hours until press time. XMR was overbought, but the ADX trend could keep it in the green direction. Information from 2Miners.com revealed that the...
Hashrate Index Releases 2022 Bitcoin Mining Year in Review
Hashrate Index released the 2022 Bitcoin Mining Year in Review, detailing the miming activity of the bitcoin in 2022. The platform pointed out that the hashprice of the coin is at a 3-month high of $7...
BTC hashrate hits ATH second time in 7 days, difficulty expected to grow 9%
Bitcoin (BTC) hashrate rose 20% to a new all-time high on Jan. 12 — the second time the hashrate increased to a new ATH in the last seven days. It has since retraced to 251.79 EH/s as of press time. S...
Litecoin hashrate hits another ATH, but what about LTC’s price?
Litecoin’s hashrate reached a new all-time high. The network processed its 140 millionth transaction. Metrics strongly suggested a bullish advantage while the technical indicators were bearish. Liteco...
Bitcoin Mining Hashrate Reaches New All-time High This New Year
On 7 January, Bitcoin’s hashrate was reported to be 290 EH/s. The data also reveals that the price of producing Bitcoin has decreased. This first week of 2023 has been particularly intense for Bitcoin...
Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase – Mining Bitcoin News
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second ...
2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate – Mining Bitcoin News
Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas temporarily went offl...
Majority of bitcoin hashrate is controlled by two pools: ETH developer strikes BTC
Ethereum developer Evan Van Ness voiced concern over bitcoin’s (BTC) mining centralization, pointing out that the top two mining pools control more than half of the total hashrate. In a Dec. 27 Twitte...