Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The…
Browsing Tag
Petahash
9 posts
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the…
Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s
The Bitcoin network experienced its second difficulty adjustment post-halving and the most significant reduction this year. Additionally, the…
The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s…
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to…
Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a…
Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August
August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the…
Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s
Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with…
Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High
As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238…