Category: Mining
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Bitcoin’s 15% difficulty spike allows one on-chain metric to flip miners from sellers to hoarders in days
[ad_1] Bitcoin difficulty just reset about 15% higher to roughly 144.40T. While this is neither the first nor the last, it is the largest since around 2021. The timing is important because the protocol tightened miner economics while Bitcoin has been chopping around the mid-$60,000s with repeated tests near $65,000. Graph showing Bitcoin’s mining difficulty…
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Bitcoin Miners Power Back Above 1 Zettahash — But Profits Hover Near Historic Lows
[ad_1] Bitcoin miners are back to business as usual after last month’s Arctic blast iced operations across the U.S., and the network’s hashrate has clawed its way back above the 1 zettahash per second (ZH/s) mark. Even so, mining revenue is painfully lean to start March at under $30 per petahash per second (PH/s), and…
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