The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history this weekend, a stark reflection of the severe margin compression forcing operators to take […]
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Key Takeaways Bitcoin’s network hashrate dropped 145 EH/s since May 28, falling to 885 EH/s as prices slide to February lows.Hashprice fell 26.96% in 30 days to $28.26/PH/s, with Elektron Energy CEO Rapha Zagury calling […]
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Key Takeaways Bitcoin miners crossed $1.086B in May revenue, the first billion-dollar month since January.Hashprice dropped 17.82% in 30 days, pushing the daily value per PH/s to just $30.77.A potential 7.5% difficulty cut around June […]
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