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Home»Mining»Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits
Mining

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

January 11, 20254 Comments1 Min Read
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Bitcoin’s network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the past four days. Tough Terrain for Bitcoin Miners The network’s hashrate, which reached a peak of 824 EH/s, has now settled at 780 EH/s, based on the seven-day simple moving average (SMA). This reduction, equivalent […]

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See also  AntPool is now the biggest Bitcoin mining pool, reaping $20M in 3 days
Bitcoins grapple Hashrate miners Nosedive plummeting Profits Takes
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4 Comments

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