On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion.
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Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024
In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest
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Bitcoin’s Last Difficulty Drop Likely to Be Erased in 3 Days
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip
Read moreBitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?
Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop
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Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between
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Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable
Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners
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