When 2024 wrapped up, the SHA256 consensus algorithm used by Bitcoin ranked third in profitability, but now, as we kick off June 2025, it shares the top spot, matched up with Litecoin’s Scrypt. SHA256 and Scrypt Tie for Top Mining Profits in June 2025 Dec. 29, 2024 saw Scrypt, the mining method for litecoin ( […]
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Canaan's July mining update counted 4.96 exahashes per second from paused operations in Ethiopia inside 14.24 EH/s of global operating computing power. That means nearly 35% of the...
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