Hashrate

Riot’s Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone’

November 6, 2024 Bitcoin.com

Bitcoin mining

Bitcoin mining company Riot Platforms reported a 23% increase in bitcoin production in October, driven by increased hashrate and operational efficiency. Riot’s Latest Financial Update Bitcoin mining giant Riot Platforms (Nasdaq: RIOT) recently announced that it mined 505 bitcoins (BTC) in October, a 23% jump from the 412 bitcoins mined in September. In the same […]

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Bitcoin’s Hashrate Hits All-Time High at 740 EH/s—What It Means for Miners

October 30, 2024 Bitcoin.com

Bitcoin

As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC’s rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin’s network hashrate is soaring. At 11:30 a.m. Eastern Time […]

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The Race to the Zettahash Era: Bitcoin’s Hashrate Breaks New Records

October 26, 2024 Bitcoin.com

Bitcoin

On Friday, Oct. 25, 2024, Bitcoin’s network hashrate climbed to a new all-time high, reaching 736.81 exahash per second (EH/s)—a milestone unmatched in the network’s history. Bitcoin’s Hashrate Hits Historic High — How Close Are We to the Zettahash Era? Bitcoin’s computing power has hit new heights, with over 67 EH/s added to the network […]

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Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes

October 24, 2024 Bitcoin.com

Bitcoin mining

Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per second (EH/s) at the time of reporting. In the coming days, it’ll be fascinating to watch how the combination of increased difficulty and dipping prices […]

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Over 700 Exahash—Bitcoin’s Hashrate Shatters All-Time Records

October 21, 2024 Bitcoin.com

Bitcoin

Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical number! Over the past year, from Oct. 20, 2023, to now, the network’s computational strength has […]

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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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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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Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s

October 11, 2024 Bitcoin.com

air-cooled

Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version. Bitmain Releases New Air and Hydro-Cooled Bitcoin Mining Rigs The Chinese application-specific integrated circuit (ASIC) producing giant, Bitmain, has debuted its […]

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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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Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks

October 6, 2024 Bitcoin.com

Bitcoin

According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8. In its more than 15 years of operation, the Bitcoin network has witnessed daily transfer records grow annually for nine […]

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MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin