Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges
According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sep...
Original source
Read on Bitcoin NewsRelated market context
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
LG Electronics Tests Onchain Advertising Network On Arbitrum
TL;DR LG Electronics is piloting an onchain advertising network on Arbitrum. The project is designed to make ad performance more v...
Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race
Bitcoin Magazine Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race Blockworks, the New York-based...
Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after...
Kraken Enables USDCx Deposits And Withdrawals On Canton Network
TL;DR Kraken has enabled deposits and withdrawals of USDCx on Canton Network. USDCx is backed 1:1 by USDC held in Circle’s xReserv...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...