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Bitcoin Miners Expected to Catch a Break in 2 Days, Mining Difficulty Estimated to Drop Close to 4%

While Bitcoin’s hashrate has remained above the 200 exahash per second (EH/s) mark, over the last two weeks the network’s mining difficulty has been at an all-time high (ATH) at…

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World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake

According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF…

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Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital

On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to…

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Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design

Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed…

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Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving

Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than…

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With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High

Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric…

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19 Million Bitcoin Have Been Mined Into Circulation, 2 Million Left to Be Found

On April 1, 2022, records show that 19 million bitcoin have been mined into circulation. With the max supply set at 21 million, there’s only two million bitcoins left to…

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Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital

The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents…

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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…

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