Bitcoin mining faces record competition as solo and hobbyist miners stage a comeback using new mining strategies.
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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Bitcoin’s miner margins and NVT metric indicated a bottom range, but a final downside sweep remains possible.
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Falling hashprice and a decline in Bitcoin’s prices are causing pain in the mining industry that has spread throughout the supply chain.
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Smaller Bitcoin miners surge in hashrate and debt as competition intensifies post-halving, reshaping the industry’s balance of power.
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A solo Bitcoin miner has beaten the odds to mine an entire block alone — earning $347,000 in rewards and showcasing the network’s decentralized spirit.
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Bitcoin miners have taken on $12.7 billion in debt as they invest in new rigs and AI infrastructure to stay competitive in the global hashrate race.
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Bitdeer boosts self-mining to stay competitive amid weak demand for rigs, joining other hardware makers turning to in-house Bitcoin operations.
3276 - Explained
With 93% of all Bitcoin already mined, the race for the remaining coins is intensifying. Here’s how it impacts scarcity, mining rewards and the future of the network.
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Shares in IREN closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July.
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MARA Holdings has acquired an equity stake in Two Prime, which includes an allocation of 2,000 BTC for its yield strategy.
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CleanSpark reached 50 EH/s in operational hashrate in June, increasing its total Bitcoin holdings to 12,608 BTC even with significant monthly sales.
4346 - Analysis
Bitcoin adoption grew considerably in June, with 26 firms adding it to their balance sheets; meanwhile, Bitcoin’s hashrate fell 15%.
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In what looks to be the most dramatic decline in three years, Bitcoin’s hashrate dropped over 15% between June 15 and Tuesday.
7241 - Explained
Against 1 in 3,000 odds, a solo miner used a short burst of rented hash power to win a $330,000 Bitcoin block, proving that strategy can still beat scale in today’s mining landscape.
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Illegal mining and a lack of regulation limit Malaysia from tapping into the crypto mining revenue.
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