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Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1

This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this…

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Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record

Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on…

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Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer

Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it…

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Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024

Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least…

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Data Shows Bitcoin’s Hashrate Has Grown by More Than 4 Quadrillion Percent Since 2009

Following the network difficulty change six days ago on September 27, Bitcoin’s hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October.…

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World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices

The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. The 100 terahash…

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

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…

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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of…

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

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…

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