Category: Mining
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Bitcoin’s Hashrate Explosion Fuels Historic Security for Merge-Mined Chains
[ad_1] Bitcoin’s hashrate hit beast mode this week, flexing a record-smashing 1,109 exahash per second (EH/s) as the network cranked its computational biceps harder than ever. Meanwhile, Bitcoin’s hashrate fireworks are lighting up merge mined neighbors too, with Namecoin, Rootstock, and Fractal Bitcoin all hitching a ride on the rocket and scoring monster boosts of…
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Cipher Mining Secures $3B HPC Deal with Fluidstack, Backed by Google
[ad_1] Cipher Mining announced a $3 billion, ten-year HPC colocation deal with Fluidstack, backed by Google’s $1.4 billion investment. Google’s Strategic Backing Adds Credibility Bitcoin miner, Cipher Mining Inc., has announced a landmark 10-year high-performance computing (HPC) colocation agreement with Fluidstack. The deal marks a major expansion of Cipher’s footprint in the HPC space and…
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Crypto Miner Terawulf to Raise Billions for AI-Driven Data Centers With Google Support
[ad_1] Terawulf Inc. plans to raise $3 billion to expand its data centers, backed by Google’s $3.2 billion commitment. The move highlights the growing diversification of the cryptocurrency mining industry and its allure to capture the interest of tech behemoths like Google. Structure and Timing of the Debt Offering Crypto mining firm Terawulf Inc. is…
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Record Difficulty, Leaner Rewards—So What’s Fueling Bitcoin’s Hashrate Stampede?
[ad_1] Bitcoin’s brute computational engine is flexing harder than ever, as the network packed on a staggering 111 exahash per second (EH/s) in just eight days—catapulting the hashrate to a jaw-dropping 1,107 EH/s. Whatever’s powering this beast, it’s pushing the network into uncharted territory. Behind the Hashrate Curtain: New Rigs Hint at a Mining Revolution…
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Why Bitcoin’s hashrate explosion could squeeze public miners next
[ad_1] On Sep. 23, Bitcoin’s hashrate set a new all-time high of 1,073 EH/s. Over the last month, raw compute rose about 21%. Over the last quarter, roughly 70%. Over the last year, the curve went vertical, up around 675%. Hashrate used to be a chart for miners and protocol nerds. Now it reads like…