Bitdeer secured $60 million to expand ASIC production and self-mining as Bitcoin’s hashrate hit record highs and miner profits faced pressure.
Latest News on Hashrate
The amount of processing and computing power being given to the network through mining is referred to as hash rate. A fixed-length alphanumeric code representing any length of words, messages, or data is called a “hash.”
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The Trump administration’s global “reciprocal tariffs” could see cheaper crypto mining rigs for non-US miners as manufacturers look to offload stock initially intended for the US.
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The Bitcoin network rate briefly soared above 1 Zetahash per second, multiple data sources show, making it one of the world’s most powerful supercomputers.
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A solo Bitcoin miner successfully mined Bitcoin block 887,212 using a pocket-sized Bitaxe machine and banked around $263,000.
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Bridging the gap between miners and collectors to harness blockchain inscriptions as functional assets reveals immense untapped potential.
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Bitcoin corrects after a shocking CPI print, potential BTC miner sell pressure and concerning macroeconomic developments.
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Bitcoin rose back above $98,000 after dipping slightly when US President Donald Trump announced tariffs on aluminum and steel as part of an escalating US trade war.
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Bitdeer aims to become a fully vertically integrated Bitcoin miner after the Canada project acquisition, but its stock performance continues to struggle.
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Bitcoin wallet addresses with at least $100 have grown 25% in the past year, reaching nearly 30 million.
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CleanSpark joins MARA Holdings, Riot Platforms and Hut 8 Mining as a major listed Bitcoin mining firm with 10,000 Bitcoin or more on its balance sheet.
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Hashrate dominance continues to be debated due to the pseudonymous and geographically distributed nature of Bitcoin mining.
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On Jan. 3, the network’s hashrate briefly tapped 1,000 EH/s as miners continued adding capacity.
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Bitcoin environmentalist Daniel Batton criticized the methods used by Digiconomist founder Alex de Vries to assess Bitcoin’s environmental impact.
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MARA’s shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record.
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MARA Holdings says there will soon be a heated race among nations to gather Bitcoin, and the US needs to step up its game.
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