Riot Platforms reports a significant decrease in its Bitcoin production—Here’s why
TL;DR Riot throttled operations during ERCOT’s Four Coincident Peak, cutting June output to 450 BTC (12% MoM but +76% YoY) to dodge steep transmission fees. Strategic
Hashrate (Latest Publications)
Bitcoin Sees Major Hashrate Decline: What Does This Mean?
TL;DR Bitcoin’s hashrate dropped to 684.48 EH/s, its lowest level since October 2024, driven by rising costs and energy restrictions in key mining regions. The network
Tether Unleashes Hashrate on OCEAN, Pioneering a Decentralized Bitcoin Future
TL;DR Tether shifts its Bitcoin mining power to the OCEAN pool, reinforcing its commitment to decentralization and reducing reliance on traditional mining intermediaries. The deployment leverages
Bitcoin Miners Marathon and Riot Report Strongest Production Since Halving – Here’s Why
TL;DR Bitcoin miners Marathon Digital and Riot Platforms reported their highest monthly Bitcoin production since April 2024 halving, with Marathon producing 717 BTC worth $48.8 million
Bitcoin’s Network Hashrate Reaches ATH as BTC Nears $70K
TL;DR Record-Breaking Hashrate: Bitcoin’s network hashrate reached an all-time high of over 769.8 EH/s as of October 21, 2024, enhancing the blockchain’s security and resilience. Economic
Bitcoin Miners Double Down! Hash Rate Nears All-Time Highs Despite Slumping Revenues
TL;DR Hash Rate Nears All-Time Highs: Bitcoin miners are pushing the network’s hash rate to unprecedented levels, showcasing their commitment to network security despite economic pressures.
Bitcoin Mining Gets Tougher as Hashrate Reaches Unprecedented Levels
TL;DR Post-Halving Hurdles: Bitcoin mining is struggling with reduced block rewards from the recent halving event, compounded by a surge in network hashrate to a record
Bitcoin Mining Centralization Concerns Rise: Single Entity Controls Nearly Half of Network Hashrate
TL;DR Increasing Centralization in Bitcoin Mining: Recent studies have raised concerns about the growing centralization of Bitcoin mining, with one entity controlling nearly 47% of the
CleanSpark’s Bold Move: Doubling Hashrate Ahead of Bitcoin Halving
TL;DR CleanSpark Inc., a prominent Bitcoin miner, has announced a strategic plan to double its operating hash rate from 10 EH/s to an estimated 20 EH/s in the
Bitcoin Hash Rate Soars to New Heights, But Miners’ Profits Shrink
Bitcoin’s hash rate has reached an all-time high, indicating a more secure network than ever before. However, this increase has led to a significant reduction in
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