HASHRATE
Bitfarms (BITF) Reports Significant Hashrate Increase and Operational Expansion
Bitfarms earned 156 BTC in May 2024, increased hashrate to 9.5 EH/s, and secured additional hydropower.
Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth
In December 2023, Bitfarms reported a productive month with 446 BTC mined, $18.9M in revenue from BTC sales, and a $84M year-end cash reserve.
Total Fees Paid on Bitcoin Network Hit Monthly Low, Hashrate Records Historic Highs
Bitcoin’s friendliness in terms of the low transaction fees paid to use its network continues because it hit a monthly low.
Spanish Lawmaker Tables a Proposal to be Bitcoin Mining Hub after Kazakhstan Internet Shutdown
Maria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub following the turmoil that was continually rocking Kazakhstan.
Bitcoin's Hashrate Recovers and Hits New ATH at 182.01 EH/s
BTC miners have been able to dust themselves off following China's intensified crackdown, given that the hashrate reached historic highs of 182.01 EH/s.
Bitcoin Hashrate Has Almost Completely Recovered after Dropped by 93%
Bitcoin miners have been on the right footing after relocating other areas like the United States, Kazakhstan, and Iraq because the hashrate has nearly fully recovered based on a 93% surge.
Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR
A new review on financial stability published by the Russian apex bank on Thursday showcases that the crypto savvy population in the country has transacted more than 350 billion rubles, or $5 billion.
Google Search Trends Show a Strong Correlation with Bitcoin Price
Google search trends have been positively correlated with Bitcoin price based on the current market trend.
US Now Ranks Ahead of China in Total Bitcoin Mining Servers Hosted
The United States now ranks as the largest Bitcoin mining hub, ahead of China with 35.4% of the global hash rate as of the end of August.
Long-Term Bitcoin Holder Supply Shock Hits a Record-High, Suggesting Price Could Surge in Months
On-chain analyst Will Clemente believes Bitcoin might witness a significant price appreciation in coming months based on the long-term holder supply shock.
