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Mining
Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze
After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar decline. Mining Pressure Mounts: Hashrate…
Trump’s Tariffs Just Reshaped Bitcoin’s Backbone
Three major Chinese bitcoin mining rig manufacturers—Bitmain, Canaan, and MicroBT—are relocating their production to the United States. This move allows them to circumvent the punitive tariffs imposed on Chinese imports. Chinese Trio…
946 Exahash—Miners Push Bitcoin to New Computational Heights Despite Pay Drop
At block height 901,152 on Friday, the Bitcoin network logged its 12th difficulty adjustment of the year, slipping a slight 0.45%, which lowered the difficulty to 126.41 trillion. The next day, Saturday, miners pushed the network’s…
Trump-Linked Bitcoin Mining Firm Adds 215 BTC to Treasury in Bold Power Play
The Trump-affiliated firm American Bitcoin disclosed in a recent U.S. Securities and Exchange Commission (SEC) filing that it has acquired “approximately 215 bitcoin” to bolster its reserves. American Bitcoin’s Crypto Bet Grows American…
Tether CEO Announces Plans to Open-Source Bitcoin Mining Operating System
Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS…
Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real
Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital Mining Summit last…
From High Gear to Grind: Bitcoin Hashrate Slides 75 EH/s After Etching New Record
Bitcoin’s hashrate hit a record-setting 943 exahash per second (EH/s) on May 31, but in the days since then, the network’s processing power has dipped by more than 75 EH/s. Bitcoin’s Block Time Slows as Miners Buckle Under Difficulty Spike…
SHA256 Strikes Back: Bitcoin’s Mining Algorithm Reclaims the Throne in 2025
When 2024 wrapped up, the SHA256 consensus algorithm used by Bitcoin ranked third in profitability, but now, as we kick off June 2025, it shares the top spot, matched up with Litecoin’s Scrypt. SHA256 and Scrypt Tie for Top Mining Profits…
Bitcoin Miners Bank Big in May—Highest Monthly Earnings Since the Halving
Figures logged in May show that bitcoin miners achieved their most lucrative month since the network’s fourth halving in April 2024. During May, the collective revenue drawn in by miners reached an impressive $1.52 billion. Bitcoin Revenues…
While Bitcoin’s Hashrate and Price Hit New Peaks, On- and Off-Chain Metrics Shrivel
Data shows that bitcoin has held firm above the $100,000 threshold for 23 straight days—an unprecedented streak. Moreover, the network’s computing strength has hit its highest point this year, positioning 2025 as a standout period for…