hashprice

BTC’s Climb Lifts Miner Revenue, Restoring Hashprice to June Levels

November 13, 2024 Bitcoin.com

Bitcoin

As bitcoin’s price rises to new heights, miners are cashing in, with the value of 1 petahash per second (PH/s) of SHA256 hashrate reaching the highest peak in 152 days. Miner Earnings Rebound as Bitcoin Climbs Bitcoin miners are savoring the latest BTC price highs, with the hashprice climbing 31.63% since Nov. 5. Essentially, hashprice […]

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Bank of Japan keeps interest rates unchanged for third straight meeting

The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice

October 21, 2024 Bitcoin.com

Bitcoin

Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated between $105 and $125 per PH/s. Fast forward to this week, and as BTC […]

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Bank of Japan keeps interest rates unchanged for third straight meeting

October Boosts Bitcoin Miners’ Revenue—But How Will the Election Shift the Market?

October 18, 2024 Bitcoin.com

bitcoin difficulty

With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has climbed by over 14% this month. Meanwhile, the network hashrate is sitting just below […]

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Bank of Japan keeps interest rates unchanged for third straight meeting

Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges

October 11, 2024 Bitcoin.com

Bitcoin

According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8. Bitcoin’s Hashrate Skyrockets to 698 EH/s as Miners Surge Ahead of Difficulty Adjustment Following a decline in […]

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Bank of Japan keeps interest rates unchanged for third straight meeting

Bitcoin Hashrate Inches Closer to Record as Difficulty Rise Looms

October 7, 2024 Bitcoin.com

Bitcoin

Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second (EH/s) recorded on Sept. 8. At present, it’s cruising just shy of that record, clocking in at 680 EH/s. Block times have been quicker than the typical ten-minute average, and as we approach Oct. 9, the network’s difficulty is […]

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Bank of Japan keeps interest rates unchanged for third straight meeting

Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month

September 30, 2024 Bitcoin.com

Bitcoin mining

Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice Jumps Nearly 9% in 4 Days: Bitcoin Miners Catch a Break as September Nears End On Aug. 29, 2024, mining revenues […]

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Bank of Japan keeps interest rates unchanged for third straight meeting

The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles 

September 21, 2024 Bitcoin.com

Bitcoin

Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in the month, miners have already earned a hair over 62% of what they brought in during […]

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Bank of Japan keeps interest rates unchanged for third straight meeting

Bitcoin’s Computational Power Falls 9.95% After Record Hashrate

September 18, 2024 Bitcoin.com

Bitcoin

Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the nine days since this peak, the hashrate has fallen by 9.95%. Bitcoin Miners Confront Economic Hurdles as Bitcoin Hashrate Dips Bitcoin miners are […]

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Bank of Japan keeps interest rates unchanged for third straight meeting

Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls

September 11, 2024 Bitcoin.com

Bitcoin

On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin Difficulty Puts Pressure on Miners Bitcoin’s difficulty now makes it 3.58% more […]

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Bank of Japan keeps interest rates unchanged for third straight meeting

Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone

September 9, 2024 Bitcoin.com

Bitcoin

After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is more than 13 EH/s above the previous level. Bitcoin Smashes Another Hashrate Record, Climbing 66 EH/s in a Week On Sunday, Sept. 8, 2024, Bitcoin’s […]

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Bank of Japan keeps interest rates unchanged for third straight meeting