Bitcoin’s hashrate, which measures the computational power used to mine blocks, is expected to hit 1 zettahash per second in about 3.5 years. This surge puts pressure on miners to find affordable energy and improve their hardware efficiency. Currently averaging around 787 exahash per second, the hashrate has grown significantly since 2020. The profitability of ...
Bitcoin’s hashrate, which measures the computing power needed to mine new blocks on the blockchain, is projected to hit 1 zettahash per second by 2027. Currently around 787 exahash per second, this increase puts pressure on miners to find affordable electricity and improve their equipment. As the hashrate rises, so do energy costs, directly impacting ...
Bitfarms Ltd. has announced significant improvements in its production and operations for December 2024. The company achieved a 97% year-over-year increase in hashrate, reaching 12.8 EH/s, and enhanced efficiency by 40% to 21 watts per terahash. For the full year, Bitfarms earned 2,914 BTC and expanded its operational capacity by 35% to 324 MW. CEO ...
Digihost Technology (DGHI) experienced impressive financial growth in December 2024, reporting cash, Bitcoin, and deposits totaling $10 million, a massive 257% jump from the previous year. Their monthly revenue also increased by 21% to $3.4 million despite facing challenges like a temporary shutdown and the Bitcoin halving event. In December, the company produced around 35 ...
HIVE Digital Technologies Ltd., a leader in sustainable blockchain infrastructure, announced a significant achievement on January 2, 2025, reaching an operational hashrate of 6.0 Exahashes per second, representing a 47% increase from the previous year. The company upgraded its Bitcoin mining fleet with advanced Avalon machines, enhancing efficiency and capacity. Additionally, HIVE secured competitive energy ...
HIVE Digital Technologies Ltd., a leader in sustainable blockchain infrastructure, recently announced a significant achievement of 6.0 Exahashes per second in operational hashrate as of January 2, 2025, reflecting a 47% increase from the previous year. This growth comes from upgrading their Bitcoin mining fleet with advanced Avalon machines, enhancing both efficiency and output. HIVE ...
HIVE Digital Technologies Ltd., a leader in sustainable blockchain infrastructure, announced on January 2, 2025, that it has achieved an operational hashrate of 6.0 EH/s, showing a 47% increase from the previous year. This growth is attributed to the upgrade of their Bitcoin mining equipment with advanced Avalon machines and the securing of low energy ...
In 2024, DL News highlighted pivotal stories shaping the crypto landscape, from the detention of Binance executives in Nigeria to the ongoing speculation about Satoshi Nakamoto’s true identity. Notable features include a gambler’s $700,000 win on Polymarket, the threat quantum computing poses to Bitcoin, and Howard Lutnick’s rising influence in Trump’s circle. Other intriguing stories ...
Donald Trump is pushing for all Bitcoin to be mined in the United States, claiming it will help the country achieve energy dominance. Currently, less than half of Bitcoin mining’s computational power comes from the U.S., with heavy competition from countries like China and Russia, which benefit from lower energy costs. Experts express skepticism about ...
Former President Trump is pushing for all Bitcoin production to take place in the United States, aiming to establish energy dominance. Despite this ambition, experts express concerns about the practical challenges involved, including tough competition from countries like China and Russia, which currently dominate Bitcoin mining. Presently, less than half of Bitcoin mining power is ...
