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Mining Difficulty

Bitcoin Hashrate Inches Closer to Record as Difficulty Rise Looms

Bitcoin Hashrate Inches Closer to Record as Difficulty Rise LoomsBitcoin’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 […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

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

Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue FallsOn 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 […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

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

Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s MilestoneAfter 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 […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss

Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue LossDespite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin Mining Operations Push Through Lower Hashprice, Nearing Record Hashrate On […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump

Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue SlumpOn Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s Difficulty Jumps as Earnings Dwindle Bitcoin’s difficulty ticked up […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop

Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice DropOn Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also referred to as the hashprice, to drop below $36 two days prior. Miners Grapple With Unprecedented Low Hashprice […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic Woes

QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic WoesQCP Capital has reported a significant reversal in the crypto market, with bitcoin (BTC) prices retracing from recent highs. This shift comes amid an influx of bitcoin supply and worsening macroeconomic conditions. QCP Analysts Highlight Market Correction Driven by Bitcoin Supply Surge and Bearish Macro Sentiment In its recent market note, QCP Capital observed that […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

Bitcoin Network Sees Second Largest Difficulty Reduction of 2024

Bitcoin Network Sees Second Largest Difficulty Reduction of 2024On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty dropped by 5% this week at block height 850,752 on July 4. This […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704

Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per second (EH/s) mark. Bitcoin Network Difficulty Increases by 1.48% On May 23, 2024, at block 844,704, the difficulty adjusted from 83.14 trillion to 84.38 trillion. This rise follows a 5.62% […]

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq