Bitcoin Hashrate Hits Record High as Prices Drop Below $55K

by CryptoExpert

September 8, 2024

in Mining

Bitcoin Hashrate Hits Record High as Prices Drop Below $55K

As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday, a slight bump of 2 EH/s over the previous […]

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This Group of Four Now Dominates Over 70% of a Key Blockchain Resource

Bitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build it

Bitcoin miners are pivoting to AI, so why is the hashrate near ATHs?

Tags: Bitcoin

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This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on...