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From Record Hashrate to a 241% Onchain Fee Increase – Bitcoin Mining’s Big October Unpacked

Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash…

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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…

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Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls

On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the…

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Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall

With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice,…

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Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s

The Bitcoin network experienced its second difficulty adjustment post-halving and the most significant reduction this year. Additionally, the network’s total hashrate fell below the 600 exahash per second (EH/s) mark…

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The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop

Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the…

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Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall

On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about…

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Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC

In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average…

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Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop

According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions…

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Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit

Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly…

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