ETC is at its lowest hashrate since the merge took place. ETC’s price has also declined by more than half since then. As miners undergo trying times on major Layer 1 blockchains, Ethereum Classic’s [E...
Tag: Hashrate
Why The Bitcoin Mining Hashrate May Not Be Out Of The Woods Just Yet
The bitcoin mining hashrate took a sharp nosedive as a historical storm tore through multiple US states. This saw power grids consolidate power to be able to provide enough energy for residents to hea...
Bitcoin Hashrate Recovers After Big Chill Cripples Mining
After falling nearly 40% to 170.60 EH/s, Bitcoin’s network hash rate has recovered, rising to 241.29 EH/s. The hash rate had fallen from a weekly peak of 276.40 EH/s. The drop was attributed to bone-...
Bitcoin Crypto Miners Back on Track; Hashrate on Recovery
Bitcoin’s hashrate shrunk on December 25 and set a new record for the lowest hashrate in the last three months, Although while writing this article, the hashrate is back to its earlier position. O...
Will Bitcoin’s hashrate follow history to trigger another BTC decrease? Assessing…
Bitcoin’s hashrate hit a one-month low on Christmas day Exchange reserves continued declining but BTC excelled in neutrality The Bitcoin [BTC] hashrate went off the radar on 25 December, hitting as lo...
Bitcoin Hashrate Recovers After Winter Storm Sparked Chaos
Bitcoin hashrate recovered at full speed after a 35% drop, while the miners are in deep water with over $4 billion in liabilities. During the weekend, American Bitcoin miners had to shut down their op...
Bitcoin Hashrate Drop and Recovery Update After U.S. Storm Hit ‘Hard’
The prolonged U.S. winter storm this recent week has not only created power outages but relatively increased the problem for the crypto industry. Due to which most of the U.S. based Bitcoin miners swi...
Bitcoin 7-Day Hashrate Down As US Storm Disrupts Miners
Data shows the 7-day average Bitcoin hashrate has now fallen to lows not seen since September, as blizzards temporarily disrupt miners in the US. Bitcoin Mining Hashrate Has Shown Wild Fluctuations Re...
Bitcoin Hashrate Bounces Back Overall After 39% Drop
10 mins ago | 2 mins read Bitcoin News BTC hashrate was 168.85 EH/s on Dec 25, and on Dec 23 it was 271.4 EH/s. BTC miners in Texas voluntarily halted the mining process. Bitcoin hashrate which fell o...
Bitcoin hashrate drops nearly 40% as deadly U.S. storm unplugs miners
The Bitcoin network hashrate has dropped by more than 38.8% from its peak on Wednesday, as many U.S.-based miners have been forced to switch down their facilities due to deadly blizzards. See related ...
Bitcoin hashrate recovers after big freeze shuts down miners
Bitcoin’s network hashrate has returned to regular levels again, days after freezing temperatures across the United States put a strain on the nation’s electricity grid — leading to a temporary ...
US Winter Storms Cause 35% Drop in Bitcoin Hashrate
Bitcoin hashrate fell by 35% in 24 hours as several miners in the US powered off their machines due to the harsh winter storms in the country. According to BTC.com, the hashrate fell to 156 EH/s on De...
Bitcoin mining hashrate declines more than 30% amid America’s big winter storm
The continuing blizzard in the U.S. has had a drastic impact on bitcoin miners, causing many of them to shut down. A major shake-up is happening on the Bitcoin network with the hashrate — a mea...
Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High – Mining Bitcoin News
As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining ...
Ethereum Classic Hashrate Dumps Almost 50% In 3 Months, What About ETC?
Ethereum Classic saw its hashrate balloon when Ethereum finally moved to a proof of stake mechanism. The miners who were being kicked out of the network and could no longer use their machines had swit...
Bitcoin Hashrate Rebounds 11% Since Nov End, Can It Reach New ATH?
Data shows the Bitcoin mining hashrate has rebounded 11% since the November end lows; can the metric keep this up and set a new all-time high? Bitcoin Mining Hashrate Continues To Rise, Approaches ATH...
Bitcoin miner CleanSpark slashes 2023 hashrate guidance on build-out delays
Bitcoin miner CleanSpark is lowering its 2023 hashrate guidance from 22.4 EH/s to 16 EH/s because of build-out delays coming from its infrastructure partner, Lancium. “Just recently, they ...
Bitcoin miner TeraWulf ups hashrate guidance by 16%, raises $10 million as shares plummet
Bitcoin miner Terawulf will grow faster than expected into early 2023 despite industry woes as it bumped its hashrate guidance for the first quarter of next year up 16%. Shares tumbled more than 30%. ...
Everything latest about EthereumPoW’s hashrate and mining difficulty
EtherePoW’s hashrate and mining difficulty are currently at their lowest levels since the launch of the network. Miners have gradually exited the network. Less than 1% of the total addresses on the ne...
Bitcoin mining: hashrate and difficulty plummet
For the past few days, the hashrate of Bitcoin mining has been reported to be falling. The seven-day moving average hit a monthly low on Nov. 28, below 240 Eh/s, before recovering slightly in early N...
Riot Achieves New Record Hashrate Capacity in November 2022
Riot Blockchain, one of North America’s largest Bitcoin mining companies, claims it set a record for hashrate and Bitcoin output in Nov. Although, the production still lags as compared to the hashrate...
Bitcoin Hashrate Continues Sharp Plunge As Miners Give Up
Data shows the Bitcoin mining hashrate has continued its sharp plunge in the past week, as miners give up due to low revenues. Bitcoin 7-Day Average Mining Hashrate Has Rapidly Gone Down Recently Acco...
Bitcoin hashrate is down sharply
In the past two weeks, Bitcoin’s average hashrate has fallen 14% from its all-time high in mid-November. This is revealed by Hashrate Index, which says the weekly average has fallen from 274 EH/s on ...
Bitcoin mining revenue at 2-year low: hashrate falling – crypto.news
The revenue perceived by Bitcoin miners has seen a sharp decrease following the market crash caused by the fall of major crypto exchange FTX. The total Bitcoin mining revenue recently fell down to $11...
Bitcoin Hashrate Declines As Mining Difficulty Stays At ATH Levels
Data shows the Bitcoin mining hashrate has been on a decline recently as the difficulty is currently at all-time high levels. Bitcoin Mining Hashrate Is Down Almost 7% From The Recent High The “mining...
Hut 8 Q3 losses miss estimates, hashrate jumps 10%
Bitcoin miner Hut 8 missed third-quarter estimates with $23.7 million in net losses compared to the estimated $19.4 million. Revenue of $31.7 million compared to the $36.3 million average analys...
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
The first risk, said Jefferies, is Marathon’s expectation of 3.2 EH/s to be plugged into a Compute North facility in Texas. In addition to regulatory delays, there’s the issue of Compute N...
Can LTC’s growing hashrate sustain its ongoing price rally? Evidence suggests…
Litecoin’s [LTC] recent, unprecedented surge could be responsible for making the altcoin a hot topic in the cryptocurrency market. As per CoinMarketCap, LTC’s price grew by more than 29% in the last s...
The Block: Bitcoin mining stock report: Monday, November 7
Most bitcoin mining stocks tracked by The Block traded down to start the week, while bitcoin was trading at around $20,806 by market close, according to data from TradingView. BTCUSD chart...
Litecoin Mining Hashrate Sets New ATH, Bullish Sign?
Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto. Litecoin Mining Hashrate And Difficulty Are Currently A...