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According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up…
ASIC miners' price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace.
As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure…
On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion…
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin…
On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase…
Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the difficulty rating two weeks prior. The drop is the first…
Following the largest difficulty increase the Bitcoin network has seen in 2022, the network’s hashrate has not been affected by the 13.55% increase. In fact, five days ago at block…
Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September…
Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s…