As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin
Read moreBitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022
On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current
Read moreData Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has
Read moreBitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’
On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at
Read moreBitcoin’s Mining Difficulty Shrinks for the First Time in 4 Weeks
Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the difficulty rating two weeks prior.
Read moreDespite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb Higher
Following the largest difficulty increase the Bitcoin network has seen in 2022, the network’s hashrate has not been affected by the 13.55% increase. In fact,
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