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Tag: Hashrate

Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive

May 16, 2024 wp-bot News BTC

The post-halving world of Bitcoin continues to throw curveballs. After a hashrate surge to celebrate the block reward reduction in April, Bitcoin’s computational power has

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Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest Halving

May 11, 2024 wp-bot Bitcoin News

Based on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550 exahash per second (EH/s). Following the halving,

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Bitcoin Advocate Says ASIC Devices’ Inflexibility Makes AI Involvement Unlikely for Bitcoin Miners

May 10, 2024 wp-bot Bitcoin News

According to Joe Downie, the chief marketing officer at Nicehash, bitcoin miners struggling to stay afloat after the halving are unlikely to support or become

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Canaan Launches Upgraded Version of Its Avalon A15 Series Bitcoin Miner

May 10, 2024 wp-bot Bitcoin News, Blockchain

Canaan Inc. has launched the Avalon A15 series, with the new product being the A1566 model. This upgraded bitcoin mining machine incorporates Canaan’s most advanced

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Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s

May 9, 2024 wp-bot Bitcoin News

The Bitcoin network experienced its second difficulty adjustment post-halving and the most significant reduction this year. Additionally, the network’s total hashrate fell below the 600

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Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April

May 8, 2024 wp-bot Bitcoin News

North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily

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Blockchain
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