Consistent with this pattern, bitcoin has already shown signs of recovery, gaining about $9,000 since the local bottom on Sept. 6, representing a 15% increase in value. This divergence between bitcoin’s (BTC) price and its […]
As the dynamics of the operation become more difficult, the scene of Bitcoin mining is shifting. The extraordinary levels of network hashrate are causing miners to see a significant change in profitability even with Bitcoin’s […]
In an impressive display of computational might, the Bitcoin network has shattered its all-time high hash rate, surpassing a staggering 500 exahashes per second. This unprecedented surge signals a robust increase in the raw processing […]
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access […]
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, some of the world’s top bitcoin mining pools […]
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased […]
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