Why The Bitcoin Hashrate Has Barely Moved Since May
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 […]
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Data shows the Bitcoin mining hashrate seems to have hit a plateau since the beginning of March, after observing a steady rise for many months. Bitcoin Mining Hashrate Has Mostly Moved Sideways In The Past Month According to the latest weekly report from Arcane Research, the BTC hashrate has broken its upwards movement and has […]
On-chain data shows the 30-day moving average of the Bitcoin mining hashrate is close to setting a new all-time high. Bitcoin Mining Hashrate (30-Day MA) Has Surged Up Recently As pointed out by an analyst in a CryptoQuant post, the BTC mining hashrate has been moving higher in recent days. The “mining hashrate” is an […]
On-chain data shows the 7-day average Bitcoin Hashrate has just set a new all-time high (ATH), despite the asset’s price still being down. Bitcoin Hashrate Has Shot Up To New Highs Recently The “Hashrate” refers to a Bitcoin metric that keeps track of the total amount of computing power that the miners as a whole […]
Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum’s hashrate is coasting along at 129 PH/s and the network’s top mining pool Ethermine commands 0.24% of the network’s hashrate. Ethereum’s Hashrate Captures Another Record High This Year On June 2, Bitcoin.com News reported on the top five mining pools retaining over 71% of Bitcoin’s hashrate during the month of May. BTC’s hashrate at the time had a rough....
Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while the hashrate is 22,900% higher, the number of bitcoins found per year is a whole lot less. 334,668 Bitcoin Minted Since September 2021 — Foundry USA Captures the Most Blocks Miners accrued just over 334,668 BTC since September 10, 2021, and 53,547 blocks were found during the past 12 months.....