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Bitcoin’s hashrate has climbed back above 1,000 exahash per second (EH/s), or 1 zettahash per second (ZH/s), even as hashprice has pulled back over the past week. Hashprice Falls 6.65% in Three Days As of Saturday, March 28, the network is running at 1.02 ZH/s, or 1,022 EH/s. The seven-day average from hashrateindex.com sits at … Read more
Bitcoin’s hashrate has slipped beneath the 1 zettahash per second (ZH/s) mark as miner income remains painfully thin, with the hashprice daily rate parked at $31 per petahash per second (PH/s). Weak Hashprice and Lower Compute While Bitcoin’s hashrate briefly clawed its way back above 1,000 exahash per second (EH/s)—the neat mathematical twin of 1 … Read more
The bitcoin mining industry is facing a severe hashrate shakeout, leading many independent operators to cease operations. In response, Hash2cash is pushing a high-tech rebranding by tokenizing hashrates on the TON blockchain. A High-Tech Pivot in a Brutal Market As the bitcoin mining industry grapples with a brutal hashrate shakeout that has forced many independent … Read more
Bitcoin miners are back to business as usual after last month’s Arctic blast iced operations across the U.S., and the network’s hashrate has clawed its way back above the 1 zettahash per second (ZH/s) mark. Even so, mining revenue is painfully lean to start March at under $30 per petahash per second (PH/s), and difficulty … Read more
Following the prior difficulty recalibration that occurred 2,016 blocks ago—roughly two weeks back on Feb. 7—the Bitcoin protocol has now delivered a sharp counterpunch. On Thursday, at block height 937440, mining difficulty climbed 14.73%, effectively wiping out the earlier steep reduction and reminding participants that in this arena, gravity is optional and reversals are swift. … Read more
While bitcoin just posted its steepest difficulty decline since China’s 2021 mining purge, the network has already found its footing, and the next adjustment cycle is shaping up to be a sizable one, with roughly 34% of blocks still left to be mined before the epoch closes. Bitcoin’s Upcoming Difficulty Change Could Erase the Last … Read more
This weekend, the Bitcoin network logged its steepest difficulty cut since July 3, 2021—a moment that followed China’s sweeping ban on mining and trading, which triggered a sharp market sell-off and sent miners scrambling for exits beyond the region. Bitcoin Mining Gets Easier—for Now—as Difficulty Drops 11.16% After a winter storm ripped through dozens of … Read more
Bitcoin miners are kicking off February on shaky ground, with revenue slipping hard since mid-January and sitting well below July’s 12-month peak. On top of that, the U.S. winter storm has kept the hashrate stuck far beneath the lofty levels seen back in October. Bitcoin Miners Start February With Revenue Metrics Flashing Red Most people … Read more
Bitcoin mining took a direct hit from January’s U.S. winter storm, with Cryptoquant data showing sharp declines in hashrate, production, and miner revenue across the network. Bitcoin Mining Production Falls to Post-Halving Lows According to Cryptoquant researchers, several large U.S.-based mining firms curtailed operations as severe weather disrupted power availability, accelerating a networkwide hashrate drawdown … Read more
As an Arctic storm front batters multiple U.S. states, bitcoin mining activity across the country has pulled back sharply, with American-based operators scaling down operations to ease pressure on the power grid during a difficult stretch. As a result, Bitcoin’s network hashrate has declined notably, with current data placing total hashpower between 800 and 875 … Read more