Tag: Global Hashrate
6 Ways the Halving Will Impact Bitcoin Mining
Currently, the United States commands a substantial portion of the global hashrate, accounting for 40%, while China and Russia are also key players, contributing...
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Solo Bitcoin Miner Wins 6.25 BTC Block Reward With Just 17 TH/s
The odds of a miner successfully solving a block with a single S9 miner would take place only once in 450 years, according...
CleanSpark Scoops Up 12,500 Bitcoin Mining Machines for $40.5 Million
Sustainability-focused Bitcoin mining firm CleanSpark is expanding its ASIC fleet by 12,500 units after investing $40.5 million into new hardware.
The added equipment is...
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However,...
Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023
Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block...
March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs
According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate...
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners...
Bitcoin Network Experiences Slight Dip in Difficulty After Record High
Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks)....
CleanSpark Going On A Spending Spree Despite Crypto Winter
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CleanSpark, a bitcoin mining company based in the US, plans to continue...
Bitcoin price is up, but BTC mining stocks could remain vulnerable throughout 2023
Bitcoin mining stocks usually follow BTC’s price because it directly influences the company's earnings. These stocks were beaten down heavily in the last quarter...
Bitcoin difficulty hits new ATH rising by 4.68%, further securing the network
‘s difficulty has risen by 4.68% in the second largest positive adjustment in a year to reach a new all-time high. The blockchain’s difficulty...
Crypto miner explains how Bitcoin mining stabilizes grids
2022 was “the perfect storm” for Bitcoin (BTC) miners, according to Jaime Leverton, CEO of Hut8 mining, one of the largest crypto miners and...
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty...
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