Bitcoin’s Mining Difficulty Has Hit an All-Time High
Mining difficulty and hash rate are both on the up despite the leading cryptocurrency dropping 7% over the week.
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 DecryptRelated market context
Public Miners Shed 21% of Bitcoin Hashrate as AI Revenue Accelerates
Three months ago, we examined how public bitcoin miners were beginning to dismantle or repurpose mining fleets for AI and high-per...
Bitdeer Mines 2,694 BTC in Q2 as Revenue Jumps 47% to $228.8M Despite Losses
Key Takeaways: Bitdeer mined 2694 BTC in Q2, almost five times as much a year ago. The revenue rose by 47% to $228.8 million, and...
Bitwise Chainlink ETF pulls in $1.5M in weekly inflows despite brutal returns since launch
Despite poor returns, steady inflows into the Bitwise Chainlink ETF highlight investor confidence in regulated crypto exposure opt...
Clarity survives, Strategy sells: the five stories that defined crypto’s grown-up week
Digital Asset Market Clarity Act lives to fight in September, Strategy sells 1,690 BTC, and Mastercard completes a $1.8 billion de...
Clarity survives (barely), Strategy sells and the untold story of Mastercard's $1.8 billion deal: Crypto's week in 5 stories
Washington kept crypto’s biggest legislative hope alive, Wall Street pushed deeper into digital assets, and a security scare sent...
Why a weekend break below $62,500 could unleash a Bitcoin selling wave toward $58,500
Bitcoin trades near $62,900 heading into the weekend, having touched an intraday low of $62,538 on Aug. 14. That low effectively t...