Terahash – DIGIT INFO

CleanSpark mined 445 Bitcoin in June, surpasses hash rate target

DIGIT — Wed, 03 Jul 2024 04:53:01 +0000

CleanSpark’s CEO Zach Bradford said his firm was setting its sights on increasing future hash rate instead of branching out to alternative revenue streams.

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Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving

DIGIT — Tue, 14 May 2024 09:53:22 +0000

Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf’s Nazar Khan.

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Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining

DIGIT — Wed, 17 Apr 2024 07:37:45 +0000

According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up to 16,200 megahash per second (MH/s) and energy efficiency of 0.21 joules per megahash (J/M) mines litecoin, dogecoin, and digibyte. Bitmain Set to Launch L9 […]

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Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving

DIGIT — Tue, 27 Jun 2023 06:21:21 +0000

The new rigs will add 7.6 EH/s to the firm’s self-mining capacity, but won’t be installed until the first quarter of 2024.

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Bitcoin ASIC miner prices hovering at lows not seen in years

DIGIT — Tue, 27 Dec 2022 07:00:00 +0000

ASIC miners’ price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace.

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Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High

DIGIT — Fri, 23 Dec 2022 15:30:10 +0000

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 blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining pool Foundry USA discovered the most block rewards this year, as the operation found […]

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Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022

DIGIT — Tue, 06 Dec 2022 06:30:28 +0000

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 difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners Catch a Break as the Network’s Difficulty Drops […]

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Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

DIGIT — Wed, 30 Nov 2022 20:30:02 +0000

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 put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only three application-specific integrated circuit (ASIC) […]

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Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’

DIGIT — Mon, 21 Nov 2022 08:00:21 +0000

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 block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current 36.95 trillion. Bitcoin Difficulty Reaches All-Time High Nearing […]

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Bitcoin’s Mining Difficulty Shrinks for the First Time in 4 Weeks

DIGIT — Mon, 07 Nov 2022 16:00:51 +0000

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. The drop is the first mining difficulty decrease in four weeks, as the metric changed from 36.84 trillion to 36.76 trillion. Bitcoin Miners Catch a Miniscule Break as the Network’s […]

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