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
US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain
From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin’s hashrate slide ne...
Why Bitcoin’s $80,000 rally just flipped from short squeeze to long squeeze
Bitcoin's brief pullback below $78,000 triggered more than $300 million in crypto liquidations as traders took profits after a sha...
Bitdeer Cranks up Bitcoin Mining Power While Rivals Stampede Into AI
Bitdeer Technologies Group is dropping roughly 1.93 exahash per second (EH/s) of bitcoin mining capacity into a 28-megawatt co-min...
Bitcoin Bull Cycle Peak Could Be Driven by Global ETF Demand
Cryptoquant founder Ki Young Ju says bitcoin’s current bull cycle could peak as institutions and ETFs expand beyond the United Sta...
Over $10B liquidated from crypto market in past 2 weeks as historic short squeeze reshapes sentiment
The recent crypto short squeeze highlights the volatility and risks in derivatives trading, potentially reshaping market strategie...
Charles Schwab says Bitcoin short squeeze is over as leverage resets and Fed stays hawkish
The Bitcoin market may face volatility as the short squeeze ends, with potential for a digestion phase amid a hawkish Federal Rese...