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Tag: hashprice

The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles 

September 21, 2024 wp-bot Bitcoin News, Blockchain

Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that

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Bitcoin’s Computational Power Falls 9.95% After Record Hashrate

September 18, 2024 wp-bot Bitcoin News

Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its

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Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls

September 11, 2024 wp-bot Bitcoin News, Blockchain

On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s

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Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility

September 9, 2024 wp-bot Bitcoin News

Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more

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Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone

September 8, 2024 wp-bot Bitcoin News, Blockchain

After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s)

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Bitcoin Hashrate Hits Record High as Prices Drop Below $55K

September 7, 2024 wp-bot Bitcoin News, Blockchain

As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new

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