hashrate News

The revenue perceived by Bitcoin miners has seen a sharp decrease following the market crash caused by the fall of major crypto exchange FTX.

After the long-awaited Merge, there was a massive surge in Ethereum Classic’s hash rate as miners switched operations to other blockchains. Post Merge Triggers Rising Hash Rates The proof-of-work (PoW)-based blockchain protocol, Ethereum Classic, has recorded a surge in its…

Bitcoin (BTC) is currently trading at $20,206. In the last 24 hours, the largest cryptocurrency has gained over 8 percent. Meanwhile, after Ethereum’s hashrate levels reached an all-time high of 1000TH/s, the value has now dropped by more than 10%…

All mining facilities in Xinjiang, Inner Mongolia, and Qinghai provinces have been shut down. China has long accommodated over half the world’s bitcoin miners, but now, Beijing wants them out ASAP. China Might Wipeout Mining Activities Now only hydropower mining…

The Bitcoin network hashrate has hit a new all-time high of 179.4. Experts say the new milestone is attributable to the fact that even mining machines that were previously deemed obsolete are now generating profits for their owners. Bitcoin Hashrate…