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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...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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 Drops, Earnings Grow Thinner By early afternoon Thursday, the valuation of bitcoin (BTC) hovered just above the $104,000 threshold. Merely days prior, […]

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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