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Bitcoin Miners’ Revenue Fell 4.23% in September as Difficulty Hike Nears

Bitcoin miners had a modest September slump, watching revenue shrink 4.23%—that’s $69 million gone compared to August’s haul. September Slide for Bitcoin Mining Revenue At the time of publication, hashrateindex.com…

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BTC Miners Defy Odds: Network Hashrate Hits 1.091 ZH/s Despite Falling Revenues

Although the network’s mining difficulty cranked up 4.63% just four days ago, that bump barely ruffled the miners. The machines kept churning with wild devotion, and the protocol’s horsepower blasted…

Continue ReadingBTC Miners Defy Odds: Network Hashrate Hits 1.091 ZH/s Despite Falling Revenues

Ocean Mining Stunned as Micro Bitcoin Miner With 5 TH/s Finds Block in Solo Mining Lottery

Ocean Mining reports that a small, $500 application-specific integrated circuit (ASIC) Nerdminer, humming along at about 5 terahash per second (TH/s), managed to hit a block — a feat that…

Continue ReadingOcean Mining Stunned as Micro Bitcoin Miner With 5 TH/s Finds Block in Solo Mining Lottery

Historic Shift: Bitcoin Difficulty Spikes as Hashrate Retreats From Zettahash Range

After vaulting past the 1 zettahash per second (ZH/s) threshold, Bitcoin’s mining difficulty climbed 4.89% to reach an all-time pinnacle of 136.04 trillion. This adjustment, paired with softened bitcoin prices,…

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