Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze

Cryptocurrency News and Public Mining Pools

Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze

Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the SqueezeAfter 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, […]