Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate

May 17, 2022 Bitcoin.com

New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates with 37.69%, according to CCAF researchers. China Is Still the World’s […]

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Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown

May 15, 2022 Bitcoin.com

2miners.com

Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities of processing power toward the second-largest crypto network in terms of market capitalization. […]

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Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week

April 24, 2022 Bitcoin.com

12 known mining pools

Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April 27. Bitcoin’s Hashrate Records an All-Time High, Hashpower Increased 55% Higher […]

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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 […]

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Bitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment

March 18, 2022 Bitcoin.com

200 EH/s

Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining difficulty adjusted downward for the second time in a row, making […]

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Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High

February 17, 2022 Bitcoin.com

11 known pools

The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching a value of 27.97 trillion. The mining difficulty has increased six […]

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Bitcoin Hashrate Surges Tapping Lifetime High, Foundry Commands Top Mining Pool Rank for 30 Days

February 14, 2022 Bitcoin.com

12 known mining pools

The processing power backing the Bitcoin network has tapped another all-time high (ATH) in 2022, reaching 246 exahash per second (EH/s) on February 12. After the network reached an ATH on January 15, a month later the hashrate increased by 12.43% — this despite the network’s mining difficulty coasting along at record highs as well. […]

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A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device

February 5, 2022 Bitcoin.com

20.2 J/TH

The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company called Sphere 3D has detailed that it purchased 60,000 Numiner NM440 mining rigs and aims to deploy 32 exahash per second (EH/s) of […]

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US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position

January 24, 2022 Bitcoin.com

America

Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. […]

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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). […]

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