US accounts for over 40% of global Bitcoin hashrate: Report
Hashrate dominance continues to be debated due to the pseudonymous and geographically distributed nature of Bitcoin mining. Go to Source
Bitcoin Hashrate
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Mining Milestone: Bitcoin Hashrate Hits Record 808 EH/s on New Year’s Eve
Much like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in New Year’s Eve with a bang. The network’s computational power hit a jaw-dropping peak of 808 exahash per second (EH/s), smashing through previous limits. From 948,000 H/s to 808 Quintillion: Bitcoin’s 16-Year Evolution in Mining … Read more
Bitcoin ASIC maker Bitmain expands production line into US
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks. Go to Source
Bitcoin hashrate hits all-time high, boosting network security
The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms. Go to Source
The key misunderstanding with China’s purported BTC hashrate dominance
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%. Go to Source
Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro. And if we go way back, it’s a mind-blowing 477,677% … Read more
Bitcoin miner solves block alone, grabs $180,000 reward
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain. Go to Source
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs. Go to Source
Bitcoin network hashrate reaches new all-time high
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion. Go to Source
Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record
Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19, 2024, the hashrate soared to a record 653 exahash per second (EH/s). Bitcoin Hashrate Achieves New High as Halving Approaches Just hours ahead … Read more
