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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…

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

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.…

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Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward

Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64 trillion after jumping 9.32% at block height 719,712. The mining…

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Matrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’

Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and…

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Bitcoin’s Hashpower Remains High, Up 163% in 5 Months, Foundry USA Commands Top Mining Pool

The hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently reaching a lifetime high. Five months ago the hashrate tapped…

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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…

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Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner

The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000…

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Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns

Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at…

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Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase

While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since…

Continue ReadingBitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase

DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks

Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The…

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