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Tag: Hashrate

Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s

June 3, 2024 wp-bot Bitcoin News

Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since

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Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023

June 1, 2024 wp-bot Bitcoin News

After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In

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May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements

May 31, 2024 wp-bot Bitcoin News, Blockchain

According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23,

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Luxor and Bitnomial launch Bitcoin mining derivatives product

May 29, 2024 wp-bot Cointelegraph

The new crypto derivatives product allows investors to speculate on future hashrates and hashprices.

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Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels

May 28, 2024 wp-bot Bitcoin News, Blockchain

Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s

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Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704

May 23, 2024 wp-bot Bitcoin News

Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per

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