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

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…

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

Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits

After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This…

Continue ReadingBitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits

Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race

While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December 8, 2021, tapping 194.95 exahash per second. Bitcoin miners have…

Continue ReadingBitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race