Bitcoin Hashrate Back To Earth: Miners Pull Back On April Expansion
On-chain data shows the Bitcoin Hashrate has observed a sharp decline recently and has reversed its growth from the last few weeks. Bitcoin Hashrate Has Plummeted Over The Past Week The “Hashrate” refers to an indicator that keeps track of the total amount of computing power that the miners as a whole have connected to […]
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Data shows Bitcoin mining hashrate is now near its all-time high (ATH) set back in April. Here’s what it may mean for the price of the crypto. Bitcoin Mining Hashrate Nears A New ATH According to on-chain data, the BTC network hashrate seems to be approaching the ATH it set back in April of this year. The “hashrate” is an indicator that shows the total amount of computing power connected to the Bitcoin blockchain network. On the BTC blockchain, miners compete with each other by solving complex algorithms so that they can handle transactions. For this purpose, miners....
Data shows the Bitcoin mining hashrate has already rebounded from its latest plunge, suggesting that miners haven’t given up hope just yet. Bitcoin Mining Hashrate Has Surged Back Towards High Levels The “mining hashrate” refers to the total amount of computing power that the miners have attached to the Bitcoin blockchain. This metric can tell […]
Data shows the Bitcoin mining hashrate has hit another all-time high as miners continue to believe in the cryptocurrency. Bitcoin 7-Day Hashrate Hits New ATH Despite Struggling Price The “mining hashrate” is an indicator that keeps track of the total amount of computing power that the miners have currently connected to the Bitcoin blockchain. This […]
After moving machines out of Sichuan, miners are bringing ASICs back online.
Data shows the Bitcoin mining hashrate has been moving sideways since five months now as the miners’ revenues remain low. Bitcoin Mining Hashrate Hasn’t Moved Much Since Five Months Ago According to the latest weekly report from Arcane Research, the BTC hashrate right now is at the same level as back in May of this […]