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Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge

Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price SurgeFollowing the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s hashrate has remained high despite the last two adjustments, and block times have been faster than the ten-minute average. Bitcoin Difficulty Expected to Rise Following the Past Two […]

Bitwise files Form S-1 for spot Solana ETF with SEC

While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit

While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks BenefitIn recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin’s increased hashrate. How Bitcoin’s […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This YearBitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60 […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times

Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block TimesAfter a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block height 772,128. Next Bitcoin Difficulty Change […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bitcoin Network Experiences Slight Dip in Difficulty After Record High

Bitcoin Network Experiences Slight Dip in Difficulty After Record HighBitcoin’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). The decrease in difficulty offers a brief respite for bitcoin miners, after the network recorded a 14.94% increase in the last month. Bitcoin Difficulty Drops 0.49% Lower; Top Five Mining Pools Continue […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened

Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have LengthenedThe last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9 minutes 31 seconds. However, since […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS TransitionJust before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit

Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows SuitThe blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031 the following day. Litecoin’s Computational Power Climbs 38% in 30 Days A significant amount of hashrate […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty IncreaseDuring the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022. Network’s […]

Bitwise files Form S-1 for spot Solana ETF with SEC