Tags: Bitcoin Hash Rate

Bitcoin’s network difficulty remains high despite a sharp hash rate decline.

With a hash rate of 273.6 EH/s, Foundry USA Pool remains the industry’s largest, dwarfing Antpool’s 146.7 EH/s capacity.

MARA calls Bitcoin’s blockspace and hash rate critical tools for protecting US financial sovereignty.

Riot produced 1,104 Bitcoin in Q3 2024, maintaining last year’s production level despite challenges from the halving event.

The increase in bitcoin whale wallets suggests that major stakeholders are capitalizing on selling pressure from retail traders.

Miner selling activity surged as BTC briefly slipped to $49,000, and they incurred approximately $22 million in daily losses.

Bitcoin miners are having a tough time, especially since last month’s halving event slashed block rewards, and now hashrates are climbing again. 

Along with Bitcoin mining difficulty, the network hash rate also saw a modest recovery.

Several publicly listed Bitcoin mining companies have reported a reduction in production amid declines in profitability or ‘hash price.’ 

Amidst a market-wide rally, Bitcoin miner earnings have soared to a new high.

Bitcoin miner revenue achieved its second-highest daily performance in history, a day after the crypto blasted past its ATH.

Bitcoin block rewards halving in April may render older mining rigs unprofitable, leading miners to take them offline, says Galaxy Digital.

CleanSpark expands operations with four new mining facilities, boosting hashing power ahead of the Bitcoin halving.

With halving just days away, the Bitcoin network’s hash rate continues to clinch new peaks. 

The Bitcoin network hashrate has reached an all-time high further pressuring miners which are already having a tough time. 

Since January 2023, two prominent mining pools have collectively controlled over 50% of Bitcoin’s hash rate, posing an “ever-greater centralization risk.”

Miner revenue took a substantial hit as price failed to move north.

The network difficulty has increased by over 6%.

Bitcoin’s mining difficulty level rose to an all-time high as miners deploy more machines to capitalize on recent spike in revenue.

Bitcoin miners are also seeing an increased revenue.

Riot Blockchain hit an all-time high of 9.7 EH/s in hash rate capacity and mined 5,554 BTC in 2022.

Daily BTC mining revenue soared from $10 million on Christmas Eve to $23.8 million on January 29.