These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake

September 17, 2022 Bitcoin.com

ASIC Mining

Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days ago, before The Merge, the consensus algorithm Ethash was the most profitable, […]

Crypto Stories: Scott Melker tells the story of how he became The Wolf of All Streets

Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge

July 6, 2022 Bitcoin.com

Antminer E9

On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches Antminer E9 for $4.17 per […]

Crypto Stories: Scott Melker tells the story of how he became The Wolf of All Streets

Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge

April 9, 2022 Bitcoin.com

1 petahash

While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days. Ethereum’s Hashrate Climbs 13% Higher […]

Crypto Stories: Scott Melker tells the story of how he became The Wolf of All Streets

Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise

March 13, 2022 Bitcoin.com

Antpool

After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase is expected to occur in less than four days. Bitcoin’s Hashrate […]

Crypto Stories: Scott Melker tells the story of how he became The Wolf of All Streets

Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High

December 28, 2021 Bitcoin.com

1 petahash

20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s). […]

Crypto Stories: Scott Melker tells the story of how he became The Wolf of All Streets

Crypto Network Hashrates Recover From Summer Slump — Ethereum’s Hashrate Captures All-Time High

November 2, 2021 Bitcoin.com

All time high

On November 2, 2021, the Ethereum network’s global hashrate tapped an all-time high (ATH) at 873 terahash per second (TH/s) or close to 1 petahash. Alongside Ethereum’s ATH, a myriad of hashrates have returned back to the highs the network’s once held before the crypto mining crackdown in China. Hashrates Return Following China’s Crypto Mining […]

Crypto Stories: Scott Melker tells the story of how he became The Wolf of All Streets

BTC Hashpower Swells: Bitcoin Network Touches 185 Exahash, Hashrate Climbs 18,400% Since 2016

March 20, 2021 Bitcoin.com

185 exahash

During the last week, the Bitcoin network’s hashrate has jumped to a record high of 185 exahash per second on March 14, 2021. The hashpower has relentlessly continued to rise, climbing a whopping 18,400% in five years since January 21, 2016. Bitcoin Price Jumps Over 1,500% in a Year, Hashrate Climbs 18,400% in Five Years […]

Gigahash