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As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago

As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days AgoWhile a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower

Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop LowerBitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928. 30-day statistics show the hashrate has slipped from 243 exahash per second (EH/s) to today’s 178.44 EH/s, losing 26.56% during that time frame. After two drops in a row, the difficulty adjustment algorithm (DAA) is […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected

BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains UnaffectedWhile bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bitcoin’s hashrate has remained high coasting along at 180 exahash per second (EH/s) to 261 EH/s. […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower

Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% LowerWhile bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price per bitcoin lower this week and […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving

Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the HalvingAfter reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the 200 EH/s region. Hashrate Drops to 182 EH/s […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second

Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per SecondWhile Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate tapped an all-time high (ATH) reaching 292.02 exahash per second (EH/s). Bitcoin’s Blockchain Secured by Close to Three Hundred Quintillion Hashes per Second […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last MonthDuring the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second (EH/s). While 16 known mining pools mined the leading crypto asset during the last month, the top five mining pools retained 71.4% of the […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High

Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time HighAmid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an all-time high on May 02, at block height 734,577. Moreover, while bitcoin miners continue to search for blocks, the network recorded another […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology

Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing TechnologyOn Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock LHR GPU cards by 100%. Nicehash Says Software Is the First to Fully Crack Nvidia’s Lite Hash Rate Technology According […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Extreme HODLing Could Completely Destroy Bitcoin (BTC), According to Ex-BitMEX CEO Arthur Hayes

Extreme HODLing Could Completely Destroy Bitcoin (BTC), According to Ex-BitMEX CEO Arthur Hayes

The co-founder of embattled crypto exchange platform BitMEX warns that extreme HODLing could lead to the complete destruction of Bitcoin (BTC). In a new blog post, Arthur Hayes notes that Bitcoin’s gargantuan price gains over the past decade have led to a culture of HODLing which is the act of holding onto a coin for […]

The post Extreme HODLing Could Completely Destroy Bitcoin (BTC), According to Ex-BitMEX CEO Arthur Hayes appeared first on The Daily Hodl.

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025