Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss

by CryptoExpert

September 5, 2024

in Mining

Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss

Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin Mining Operations Push Through Lower Hashprice, Nearing Record Hashrate On […]

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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...