Tether, a stablecoin issuer, has revealed plans to utilize its current and future Bitcoin hashrate by joining Ocean’s Bitcoin mining pool. This move aims to enhance Bitcoin’s decentralization, as noted by Tether’s CEO, Paolo Ardoino. The Ocean protocol, designed to reduce the dominance of major mining pools, allows miners to create their own block templates ...
Tether, the stablecoin issuer, plans to channel its Bitcoin hashrate into Ocean’s Bitcoin mining pool to enhance the decentralization of the Bitcoin network. CEO Paolo Ardoino highlighted that this move aligns with Tether’s goal to protect Bitcoin from centralization. Ocean’s protocol aims to empower miners by allowing them to create their own block templates, promoting ...
Bitcoin continues to thrive, achieving a remarkable hashrate of 1 Zetahash per second, a significant milestone in its 16-year journey. Blockchain tracking services confirmed this achievement between April 4 and 5, 2023, although they differ on the exact timing. Currently, Bitcoin’s hashrate is 1,000 times higher than in early 2016, showcasing impressive growth. Increased competition ...
The Bitcoin network has achieved a significant milestone, surpassing 1 Zetahash per second for the first time in its 16-year history. This peak of 1.025 ZH/s was noted on April 5, 2025, according to various data sources. While there are some discrepancies in the reported figures from different trackers, this landmark showcases the increasing computational ...
CleanSpark, Inc., a leading Bitcoin mining company, announced significant growth in its recent operations update for March 2025. Production reached over 700 bitcoins, marking a 13% increase from the previous month, while the company’s hashrate improved to 42.4 exahash. CleanSpark boasts a treasury of 11,869 bitcoins and continues to expand its mining facilities in Wyoming, ...
Bitcoin’s hashrate has surged nearly 10%, reaching a record high of 833 exahashes per second. This increase reflects growing institutional investment in Bitcoin mining infrastructure, especially since the last halving event. However, despite this rise in hashrate, mining profitability has stagnated, as miners are earning less from transaction fees, making it challenging to cover operating ...
Bitcoin’s hashrate has hit a new record high of 833 exahashes per second, marking a 9% increase from previous levels, according to Glassnode data. This surge is largely attributed to increased institutional investments in mining infrastructure in anticipation of Get Code for FREE Stocks Downloading In 15 seconds Scroll Down to End of This Post ...
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 ...
Bitfarms Ltd. has released its operational update for November 2024, showcasing significant growth in Bitcoin production. The company achieved an operating hashrate of 12.8 EH/s and earned 204 BTC, reflecting an increase of 100% year-over-year. They have initiated new hosting agreements in Pennsylvania, which are expected to enhance their North American operations. Additionally, Bitfarms is ...
