As bitcoin’s valuation languishes near its weakest point since last year—with hashprice, the projected daily earnings for one petahash per second (PH/s) of mining capacity, receding to $40—the network’s computational muscle has paradoxically swelled to a historic peak. Bitcoin Hashrate Hits Historic High Amid Price Plunge This stretch has proven arduous for bitcoin miners, with […]
Source link
Bitcoin mining firm Bitdeer secured $60 million in loans to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates.According to its...
Read more