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 Pressu...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
3 countries control 66% of Bitcoin mining, but 1 rival is gaining
Bitcoin's estimated US mining footprint shrank as Russia's grew, with little change in top-three country concentration. Hashrate I...
Oleg Fomenko publishes offline threshold Schnorr wallet for Bitcoin
Fomenko's offline wallet enhances Bitcoin security by enabling decentralized key management, but its unaudited status raises secur...
Fortitude Bets Up to $100 Million on Bitmain Zcash Mining Hardware
Fortitude Mining has signed a non-binding agreement for up to $100 million of Bitmain’s next-generation zcash mining hardware, sec...
Ethereum’s proposed 3x ETF could reach CME’s futures threshold with just $362 million
At ETHU's Oct. 6 disclosed futures valuation, a 3x Ethereum ETF with $362.1 million in assets would target about $1.09 billion of...
Tokenized stocks hit $3.96 billion in weekend DEX volume, up 106x since November
The surge in tokenized stock trading on DEXs highlights a shift towards decentralized finance, challenging traditional market stru...
HIVE Digital’s BUZZ HPC turns Bitcoin mining sites into Canadian AI infrastructure
HIVE's pivot to AI infrastructure could bolster Canada's tech ecosystem, ensuring data sovereignty and fostering innovation domest...