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Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges

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…

Continue ReadingBitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges

Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month

Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last…

Continue ReadingHashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month

While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher

Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last…

Continue ReadingWhile Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher

Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High

Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a…

Continue ReadingBitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High

Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty

Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto…

Continue ReadingBitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty

Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher

As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped…

Continue ReadingCurrent Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher

Current Block Times Suggest Bitcoin’s Halving Is Coming Sooner Than Expected

Bitcoin’s hashrate has been running hot despite the lower prices and the recent difficulty increases. In fact, blocks are being discovered faster than the ten-minute block interval average and because…

Continue ReadingCurrent Block Times Suggest Bitcoin’s Halving Is Coming Sooner Than Expected

Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High

On Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s…

Continue ReadingBitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High

Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards

While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the…

Continue ReadingBitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards