In the world of cryptocurrency mining, few metrics are as crucial, or as misunderstood, as hashrate. Whether you’re an ...
The mechanics behind bitcoin mining are often misunderstood, and yet they play a critical role in the dynamics of both bitcoin's price and market stability. Mike Cohen, Co-Founder and CEO at Pow.re, ...
Bitcoin's (BTC) hashrate, the computational energy needed to mine a block in a proof-of-work blockchain, is on track to reach 1 zettahash per second before the next halving event in about 3.5 years, ...
The latest Q1-2024 Hashrate Index Report by Luxor Technology delves into the Bitcoin mining sector’s performance after the Fourth Bitcoin Halving. This report offers critical insights into key metrics ...
The Bitcoin network’s one-month implied hashrate saw almost four months of steady increases since the beginning of 2021, topping at 166 exahashes per second (EH/s) in April. Throughout that month and ...
The slashing of the Bitcoin block subsidy from 6.25 Bitcoin to 3.125 during the April 2024 halving has placed financial pressure on miners. As Bitcoin miners continue to capitulate due to high costs ...
At the beginning of July, the Bitcoin network’s hashrate drawdown, a metric of relative changes in the network’s overall computing power, sank to levels not seen since the December 2022 bear market.