Tag: Hash
Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars
October witnessed a surge in Bitcoin’s (BTC) hash rate which is pushing the metric to a new high of 245 Exahashes per second. These changes led to a s [...]
Public Bitcoin miners’ hash rate is booming — but is it actually bearish for BTC price?
The public miners' share of the Bitcoin (BTC) network could grow to 40% by mid-2023, according to a new report by Hashrate Index. But this could bring [...]
Public Bitcoin miners’ hash rate is booming — but is it actually bearish for BTC price?
The public miners' share of the Bitcoin (BTC) network could grow to 40% by mid-2023, according to a new report by Hashrate Index. But this could bring [...]
Low hash price, soaring energy costs spell tough Q3 for Bitcoin miners
Energy problems in North America and Europe and prevailing market conditions have spelled another bleak quarter for Bitcoin (BTC) mining operators on [...]
Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone
Bloomberg Intelligence senior commodity strategist Mike McGlone says Bitcoin's (BTC's) relative discount to its high hash rate in October — the larges [...]
Top 3 reasons why Bitcoin hash rate continues to attain new all-time highs
Bitcoin miners continue to take advantage of the falling GPU prices to upgrade their mining equipment as the [...]
What is Bitcoin hash rate and why does it matter?
The SHA-256 cryptographic hashing function, which converts any input data into a 256-bit string (the hash), is one of the technologies using which Bi [...]
Bitcoin miner profitability under threat as hash rate hits new all-time high
The Bitcoin hash rate hit a new all-time high above 245 EH/s on Oct. 3, but at the same time, BTC miner profitability is near the lowest levels on rec [...]
Bitcoin price plummets while miner hash rate soars to all-time highs
Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown. The Bitco [...]
Bitcoin Miner Iris Rises as Compass Point Upgrades on Potential Boost in Hash Rate
Analyst Chase White said in a note to clients that IREN has potential to boost its contracted hash rate – and thus increase its bitcoin production – [...]
SBI lost 40% of hash rate after stopping mining in Russia: Data
Japanese financial giant SBI Holdings has partly terminated cryptocurrency mining in Russia due to geopolitical uncertainty and the crypto winter.SBI [...]
Australia-based crypto miner doubles hash rate after energizing Canadian rigs
Australian Bitcoin miner Iris Energy said it had increased its hash rate to more than 2.3 exahashes per second following the completion of phase two o [...]
Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery
The difficulty in mining a block of Bitcoin (BTC) was reduced further by 5% to 27.693 trillion as network difficulty maintains its three-month-long do [...]
Marathon inks new arrangements to achieve 2023 hash rate target
Bitcoin miner Marathon Digital Holdings has secured a deal that it says provides electricity to generate enough power to contribute 23.3 exahashes per [...]
US dominates crypto ATMs installations and BTC hash rate worldwide
Despite the myriads of state and federal regulatory hurdles faced by crypto businesses in the region, the United States plays a major role in preservi [...]