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🚨 Bitcoin Mining Difficulty Jumps by 7.96%! 🔥 According to Foresight News, data from CloverPool (previously BTC.com) reveals that Bitcoin just got harder to mine! 💻⚒️ At block height 905,184, mining difficulty surged by 7.96%, pushing it to a new level of 126.27 T 📈🔒 Meanwhile, the 7-day average network hash rate is holding strong at 910.14 EH/s ⚡🌐 🔹 This spike shows that more miners are joining the race, making the BTC network more secure and competitive 🏁🛡️ 🔹 Higher difficulty = tougher mining conditions, but also stronger fundamentals for Bitcoin's ecosystem! 💪🪙 Could this be a signal for a major BTC move ahead? 📊🚀 Stay alert, Bitcoin is flexing its muscles! 🧠⚡ #Bitcoin #Mining #BTC #CryptoUpdate #BlockchainPower #HashRate $BTC {spot}(BTCUSDT)
🚨 Bitcoin Mining Difficulty Jumps by 7.96%! 🔥

According to Foresight News, data from CloverPool (previously BTC.com) reveals that Bitcoin just got harder to mine! 💻⚒️

At block height 905,184, mining difficulty surged by 7.96%, pushing it to a new level of 126.27 T 📈🔒
Meanwhile, the 7-day average network hash rate is holding strong at 910.14 EH/s ⚡🌐

🔹 This spike shows that more miners are joining the race, making the BTC network more secure and competitive 🏁🛡️
🔹 Higher difficulty = tougher mining conditions, but also stronger fundamentals for Bitcoin's ecosystem! 💪🪙

Could this be a signal for a major BTC move ahead? 📊🚀
Stay alert, Bitcoin is flexing its muscles! 🧠⚡

#Bitcoin #Mining #BTC #CryptoUpdate #BlockchainPower #HashRate
$BTC
BITCOIN HASHRATE SURGES GLOBALLY! US LEADS, RUSSIA & CHINA GAIN GROUND 1. US MAINTAINS TOP HASHRATE SHARE AT 35.81% 2. RUSSIA UP 19.05%, CHINA RISES 13.13% IN COMPUTATIONAL POWER The global Bitcoin mining race intensifies as the United States retains its dominance with 323.4 EH/s, while Russia and China accelerate their hashrate growth significantly. Mining difficulty surged 7.96% this week to 126.27T, reflecting increased network strength. Key Stats: • 🇺🇸 US: 323.4 EH/s (+11.52%), 35.81% market share • 🇷🇺 Russia: 150 EH/s (+19.05%), 16.61% share • 🇨🇳 China: 125 EH/s (+13.13%), 13.84% share • 🇦🇪 UAE: 32 EH/s, 3.544% share • 🇴🇲 Oman: 27 EH/s, 2.99% share BTC Network Update: • Current Price: $121,760 • 24H Volume: $59.2B • Market Cap: $2.4T • Dominance: 62.4% • Next Difficulty Adjustment: July 26 (Est. 123.19T) Outlook: With rising competition and hashrate concentration shifting, global mining dynamics continue to evolve. Keep an eye on geopolitical energy strategies and regulatory developments. #Bitcoin #Hashrate #BTCMining #CryptoNews #BlockchainPower
BITCOIN HASHRATE SURGES GLOBALLY! US LEADS, RUSSIA & CHINA GAIN GROUND
1. US MAINTAINS TOP HASHRATE SHARE AT 35.81%
2. RUSSIA UP 19.05%, CHINA RISES 13.13% IN COMPUTATIONAL POWER

The global Bitcoin mining race intensifies as the United States retains its dominance with 323.4 EH/s, while Russia and China accelerate their hashrate growth significantly. Mining difficulty surged 7.96% this week to 126.27T, reflecting increased network strength.

Key Stats:
• 🇺🇸 US: 323.4 EH/s (+11.52%), 35.81% market share
• 🇷🇺 Russia: 150 EH/s (+19.05%), 16.61% share
• 🇨🇳 China: 125 EH/s (+13.13%), 13.84% share
• 🇦🇪 UAE: 32 EH/s, 3.544% share
• 🇴🇲 Oman: 27 EH/s, 2.99% share

BTC Network Update:
• Current Price: $121,760
• 24H Volume: $59.2B
• Market Cap: $2.4T
• Dominance: 62.4%
• Next Difficulty Adjustment: July 26 (Est. 123.19T)

Outlook: With rising competition and hashrate concentration shifting, global mining dynamics continue to evolve. Keep an eye on geopolitical energy strategies and regulatory developments.

#Bitcoin #Hashrate #BTCMining #CryptoNews #BlockchainPower
4 Jan
Bullish
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Bitcoin hash rate reaches an all-time high of 85,732,016,658 VND On January 3, the network's hashrate reached 1,000 EH/s as miners continued to increase their capacity. According to data from CoinWarz, the hashrate of Bitcoin — the total computing power securing the network — hit a new record high of over 1,000 exahashes per second (EH/s) on January 3. This figure is nearly double the network's hashrate from 12 months ago. According to CoinWarz, Bitcoin's hashrate hovered around 510 EH/s in January 2024. At the time this article was published, Bitcoin's hashrate had decreased to approximately 780 EH/s. The increasing hash rate of the network indicates that Bitcoin miners are allocating more computing resources to the blockchain, thereby improving the network's security. Miners continue to expand production even after Bitcoin's halving event in April, which reduced the mining reward from 6.25 BTC to 3.125 BTC per block. Overcoming headwinds In 2024, Bitcoin's strong performance has offset some of the obstacles from the halving, especially for cash-rich mining companies like Riot Platforms and CleanSpark. JPMorgan stated in a research note on December 10 shared with Cointelegraph that mining companies “have acquired other mining companies with complete facilities to quickly increase hashrate and boost their power supply.” 87,011,127,799 58,692,660,494
Bitcoin hash rate reaches an all-time high of 85,732,016,658 VND
On January 3, the network's hashrate reached 1,000 EH/s as miners continued to increase their capacity.

According to data from CoinWarz, the hashrate of Bitcoin — the total computing power securing the network — hit a new record high of over 1,000 exahashes per second (EH/s) on January 3.

This figure is nearly double the network's hashrate from 12 months ago. According to CoinWarz, Bitcoin's hashrate hovered around 510 EH/s in January 2024. At the time this article was published, Bitcoin's hashrate had decreased to approximately 780 EH/s.

The increasing hash rate of the network indicates that Bitcoin miners are allocating more computing resources to the blockchain, thereby improving the network's security.

Miners continue to expand production even after Bitcoin's halving event in April, which reduced the mining reward from 6.25 BTC to 3.125 BTC per block.

Overcoming headwinds
In 2024, Bitcoin's strong performance has offset some of the obstacles from the halving, especially for cash-rich mining companies like Riot Platforms and CleanSpark.
JPMorgan stated in a research note on December 10 shared with Cointelegraph that mining companies “have acquired other mining companies with complete facilities to quickly increase hashrate and boost their power supply.” 87,011,127,799
58,692,660,494
26 Dec 2023
Breaking News: Record-Breaking Bitcoin Hashrate! 🚀 Witness the Power: An Astonishing 520,000,000,000,000,000,000 Hashes Per Second! 🔍🔗 The #Bitcoin network just hit an all-time high, showcasing an incredible 520 quintillion hashes per second! 💪⛓️ Brace yourselves for the next era of crypto dominance! 🌐 Dive into the Future: Unprecedented Strength in Blockchain Security and Efficiency. 🚀 #sol #NEAR #BTC #hashrate $BTC

Breaking News: Record-Breaking Bitcoin Hashrate!

🚀 Witness the Power: An Astonishing 520,000,000,000,000,000,000 Hashes Per Second! 🔍🔗
The #Bitcoin network just hit an all-time high, showcasing an incredible 520 quintillion hashes per second! 💪⛓️ Brace yourselves for the next era of crypto dominance!
🌐 Dive into the Future: Unprecedented Strength in Blockchain Security and Efficiency. 🚀

#sol #NEAR #BTC #hashrate
$BTC
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Bitcoin Has Risen Again! Bitcoin's Hashrate Explodes: Rebirth or the Start of a New Crypto?The resurgence of Bitcoin's hashrate is here and it is causing a quake in the crypto world. But, is it a sign of prosperity or a ticking time bomb? Bitcoin Breaks Barriers! Hashrate Soars to New Heights Bitcoin's hashrate has reached record levels , driven by an unexpected boom in mining. Is this the rebirth of cryptocurrency or a dangerous sign of overheating ? Unstoppable Mining: The Race for Blocks As the hashrate increases, more miners compete to dominate the market. But this

Bitcoin Has Risen Again! Bitcoin's Hashrate Explodes: Rebirth or the Start of a New Crypto?

The resurgence of Bitcoin's hashrate is here and it is causing a quake in the crypto world. But, is it a sign of prosperity or a ticking time bomb?

Bitcoin Breaks Barriers! Hashrate Soars to New Heights
Bitcoin's hashrate has reached
record levels
, driven by an unexpected boom in mining. Is this the rebirth of cryptocurrency or a
dangerous sign of overheating
?
Unstoppable Mining: The Race for Blocks
As the
hashrate increases, more miners compete to dominate the market. But this
13 Jan
Bullish
21 Dec 2023
Bullish
2 Oct 2024
See original
Rising HashPrice Gives Bitcoin Miners a Needed Boost After a Slow MonthBitcoin miners are finally getting a breather after a slow September, with the hash rate up 10.33% over the past 30 days. There has been a solid 8.93% gain in the past four days alone. Hashprice Up Nearly 9% in 4 Days: Bitcoin Miners Have Opportunity as September Ends On August 29, 2024, mining revenue was lagging, with the hash rate at $42.98 per petahash per second per day. Fast forward to today, and the hash rate is 10.33% higher. To put that in perspective, the hash rate refers to the estimated daily revenue from 1 PH/second of Bitcoin hashing power. Miners have had a couple of boosts recently—BTC prices rose and difficulty dropped 4.6% on September 25.

Rising HashPrice Gives Bitcoin Miners a Needed Boost After a Slow Month

Bitcoin miners are finally getting a breather after a slow September, with the hash rate up 10.33% over the past 30 days. There has been a solid 8.93% gain in the past four days alone.
Hashprice Up Nearly 9% in 4 Days: Bitcoin Miners Have Opportunity as September Ends
On August 29, 2024, mining revenue was lagging, with the hash rate at $42.98 per petahash per second per day. Fast forward to today, and the hash rate is 10.33% higher. To put that in perspective, the hash rate refers to the estimated daily revenue from 1 PH/second of Bitcoin hashing power. Miners have had a couple of boosts recently—BTC prices rose and difficulty dropped 4.6% on September 25.
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Bitcoin hashrate surpasses 1 Zetahash – A historical milestone but miners are facing the 'profitability problem' The Bitcoin network has just set a remarkable milestone: the hashrate has for the first time surpassed 1 Zetahash/second (ZH/s) – that is 1,000 times faster than the 1 Exahash/second level achieved back in 2016. This reflects the increasingly greater processing power and higher security of the Bitcoin blockchain, especially in the context of a volatile market due to global policies. To ensure a stable block creation time of around 10 minutes, the system has automatically adjusted the mining difficulty to a record level of 121.5 trillion, an increase of nearly 7% in the latest adjustment. However, this impressive milestone also comes with growing concerns from miners. Although #hashrate has surged, the mining revenue per Exahash (hashprice) has plummeted to the lowest historical level – only about 42.40 USD. This is a sign that input costs (electricity, equipment) are rising faster than profits, making the business model of many miners less effective than ever. In the context of Bitcoin still trading near the $80,000 range and long-term expectations remaining positive, the strong increase in hashrate may indicate long-term confidence in the network, but it also poses significant challenges regarding the financial sustainability for mining units. Key points to watch for upcoming: Will the market adjust hashprice (through increased transaction fees, price #Bitcoin continues to rise) or will there be a wave of 'withdrawal' from small miners due to cost pressures? #anhbacong {future}(BTCUSDT) {future}(XRPUSDT) {spot}(BNBUSDT)
Bitcoin hashrate surpasses 1 Zetahash – A historical milestone but miners are facing the 'profitability problem'

The Bitcoin network has just set a remarkable milestone: the hashrate has for the first time surpassed 1 Zetahash/second (ZH/s) – that is 1,000 times faster than the 1 Exahash/second level achieved back in 2016. This reflects the increasingly greater processing power and higher security of the Bitcoin blockchain, especially in the context of a volatile market due to global policies.

To ensure a stable block creation time of around 10 minutes, the system has automatically adjusted the mining difficulty to a record level of 121.5 trillion, an increase of nearly 7% in the latest adjustment. However, this impressive milestone also comes with growing concerns from miners.

Although #hashrate has surged, the mining revenue per Exahash (hashprice) has plummeted to the lowest historical level – only about 42.40 USD. This is a sign that input costs (electricity, equipment) are rising faster than profits, making the business model of many miners less effective than ever.

In the context of Bitcoin still trading near the $80,000 range and long-term expectations remaining positive, the strong increase in hashrate may indicate long-term confidence in the network, but it also poses significant challenges regarding the financial sustainability for mining units.

Key points to watch for upcoming: Will the market adjust hashprice (through increased transaction fees, price #Bitcoin continues to rise) or will there be a wave of 'withdrawal' from small miners due to cost pressures?

#anhbacong

#BitcoinHashRateSurge 🚀🔥 The Bitcoin hash rate has spiked to unprecedented levels, reflecting a surge in mining activity across the globe. The hash rate—measuring the computational power dedicated to securing the Bitcoin network—is crucial for its robustness and decentralization. This growth suggests rising confidence in Bitcoin’s future and indicates that miners are doubling down, even amid market fluctuations and halving anticipation. Higher hash rates mean increased network security, making it more resilient to attacks. Additionally, this surge could foreshadow future price movements as mining competition intensifies. Could this be the start of a new BTC bull run? Stay tuned! 💪🔗 #BTC #CryptoMining #HashRate #BitcoinHashRateSurge
#BitcoinHashRateSurge 🚀🔥

The Bitcoin hash rate has spiked to unprecedented levels, reflecting a surge in mining activity across the globe. The hash rate—measuring the computational power dedicated to securing the Bitcoin network—is crucial for its robustness and decentralization. This growth suggests rising confidence in Bitcoin’s future and indicates that miners are doubling down, even amid market fluctuations and halving anticipation. Higher hash rates mean increased network security, making it more resilient to attacks.

Additionally, this surge could foreshadow future price movements as mining competition intensifies. Could this be the start of a new BTC bull run? Stay tuned! 💪🔗
#BTC #CryptoMining #HashRate #BitcoinHashRateSurge
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Find out what Bitcoin hashrate is and why it mattersYou’ve probably come across the term “hashrate,” which is quite common in the cryptocurrency world, especially when talking about Bitcoin. Understanding what hashrate is and how it works can help you understand certain dynamics of the Bitcoin market, including factors like network security and potential influences on the coin’s price. In fact, it is worth noting that recently, Bitcoin's hashrate reached historic levels, which raises an important question: how does this affect the value of Bitcoin?

Find out what Bitcoin hashrate is and why it matters

You’ve probably come across the term “hashrate,” which is quite common in the cryptocurrency world, especially when talking about Bitcoin. Understanding what hashrate is and how it works can help you understand certain dynamics of the Bitcoin market, including factors like network security and potential influences on the coin’s price.
In fact, it is worth noting that recently, Bitcoin's hashrate reached historic levels, which raises an important question: how does this affect the value of Bitcoin?
30 Apr
Bullish
See original
#bitcoin #hashrate #info #analisis **🚨 BREAKING: Bitcoin Hashrate JUMPED 10% in 24 HOURS!** **What Happened?** 🤯 🔥 **Quick Facts:** - **Bitcoin Hashrate** 📈 surged **9.91%** in 1 day! - Now reaching **913.63 EH/s** (all-time high! 💪) - This means: **More active miners → Bitcoin Network GETTING STRONGER!** 💡 **What Does This Mean for You?** - **Network security**: The higher the hashrate, the harder it is to attack! 🔒 - **Miner signals**: They **BELIEVE** Bitcoin will rise! 🚀 📉 **But What About BTC Price?** - Stable at **$94,500** (Rp1.5 billion) - Trading volume down **17.2%** (in an *accumulation phase*?) **🔥 WHY IS THIS IMPORTANT?** High hashrate = **Miners ready for HALVING/BULL RUN!** **What’s your next move?** 💬 **Comment below:** "In your opinion, is this a signal for a **PUMP** or just temporary?" #Bitcoin #CryptoNews #ToTheMoon 🚀 *(Source: Bitinfocharts, Bitcoin.com News)* --- **✨ Tips:** - **Hashrate up?** Usually, the price follows up *in a few weeks/moon*! - **Volume down?** Could be *whales* are **quietly accumulating**! - **Don’t FOMO**, but **don’t sleep** either! 👀 **🚀 Follow me for REAL-TIME crypto updates!**
#bitcoin #hashrate #info #analisis

**🚨 BREAKING: Bitcoin Hashrate JUMPED 10% in 24 HOURS!**
**What Happened?** 🤯

🔥 **Quick Facts:**
- **Bitcoin Hashrate** 📈 surged **9.91%** in 1 day!
- Now reaching **913.63 EH/s** (all-time high! 💪)
- This means: **More active miners → Bitcoin Network GETTING STRONGER!**

💡 **What Does This Mean for You?**
- **Network security**: The higher the hashrate, the harder it is to attack! 🔒
- **Miner signals**: They **BELIEVE** Bitcoin will rise! 🚀

📉 **But What About BTC Price?**
- Stable at **$94,500** (Rp1.5 billion)
- Trading volume down **17.2%** (in an *accumulation phase*?)

**🔥 WHY IS THIS IMPORTANT?**
High hashrate = **Miners ready for HALVING/BULL RUN!**
**What’s your next move?**

💬 **Comment below:**
"In your opinion, is this a signal for a **PUMP** or just temporary?"

#Bitcoin #CryptoNews #ToTheMoon 🚀

*(Source: Bitinfocharts, Bitcoin.com News)*

---
**✨ Tips:**
- **Hashrate up?** Usually, the price follows up *in a few weeks/moon*!
- **Volume down?** Could be *whales* are **quietly accumulating**!
- **Don’t FOMO**, but **don’t sleep** either! 👀

**🚀 Follow me for REAL-TIME crypto updates!**
Bitcoin Mining Firm Strikes GOLD!Cango, a Bitcoin mining company, is making waves! 🌊 After fully diving into crypto mining, they raked in nearly $100.5 million worth of Bitcoin in just two months! 🤑 They mined a whopping 954.5 BTC after focusing solely on mining – 470 BTC in April and 484.5 BTC in May. 🚀 This follows their move to sell off their legacy operations to laser-focus on Bitcoin. 🎯 Plus, Cango's co-founders just signed a $70 million deal with Enduring Wealth Capital, potentially giving them major voting control. 🔥 With an average hashrate of nearly 30 exahashes per second, Cango's expanding rapidly! ⚡️ Are you keeping an eye on this trend? Follow for exclusive analysis! #BitcoinMining #Hashrate #CryptoNews #BTC #DeFi

Bitcoin Mining Firm Strikes GOLD!

Cango, a Bitcoin mining company, is making waves! 🌊 After fully diving into crypto mining, they raked in nearly $100.5 million worth of Bitcoin in just two months! 🤑
They mined a whopping 954.5 BTC after focusing solely on mining – 470 BTC in April and 484.5 BTC in May. 🚀 This follows their move to sell off their legacy operations to laser-focus on Bitcoin. 🎯
Plus, Cango's co-founders just signed a $70 million deal with Enduring Wealth Capital, potentially giving them major voting control. 🔥
With an average hashrate of nearly 30 exahashes per second, Cango's expanding rapidly! ⚡️ Are you keeping an eye on this trend?
Follow for exclusive analysis!
#BitcoinMining #Hashrate #CryptoNews #BTC #DeFi
🚀 Bitcoin Hashrate is Going Parabolic! 📈 The Bitcoin network has smashed past 800 EH/s, marking a new all-time high in hashrate! This exponential rise reflects growing miner confidence and stronger network security. 🔥 Historically, price follows hashrate – and this parabolic move may be the signal smart traders have been waiting for. 💡 Don’t ignore the fundamentals. This could be the calm before a massive BTC breakout. 🟢 Are you ready? #bitcoin #BTC #crypto #Binance #hashrate
🚀 Bitcoin Hashrate is Going Parabolic!
📈 The Bitcoin network has smashed past 800 EH/s, marking a new all-time high in hashrate! This exponential rise reflects growing miner confidence and stronger network security.
🔥 Historically, price follows hashrate – and this parabolic move may be the signal smart traders have been waiting for.
💡 Don’t ignore the fundamentals. This could be the calm before a massive BTC breakout.
🟢 Are you ready?
#bitcoin #BTC #crypto #Binance #hashrate
14 Feb
🔹 Bitcoin Hashrate Hits New Record Last week, Bitcoin’s hashrate reached a new all-time high (ATH), surpassing an impressive 980 exahashes per second. This surge showcases the network’s computational resilience, reinforcing its security and decentralization. With increasing strength, Bitcoin becomes an even more attractive store of value for long-term investors. 🚀 The network keeps growing—are you keeping up? #Bitcoin #Hashrate #CryptoSecurity #BTC
🔹 Bitcoin Hashrate Hits New Record

Last week, Bitcoin’s hashrate reached a new all-time high (ATH), surpassing an impressive 980 exahashes per second.
This surge showcases the network’s computational resilience, reinforcing its security and decentralization. With increasing strength, Bitcoin becomes an even more attractive store of value for long-term investors.

🚀 The network keeps growing—are you keeping up?

#Bitcoin #Hashrate #CryptoSecurity #BTC
⚡️ TODAY: BitFuFu Mines 400 $BTC in May – Hashrate Hits Record High! 🇸🇬 Singapore-based BitFuFu just dropped monster numbers: ✅ 400 BTC mined in May – up 91% MoM ✅ Record-breaking 34.1 EH/s hashrate This surge cements BitFuFu’s position as a global mining powerhouse and signals rising network strength post-halving. 📈 What it means: Mining is still profitable Network is more secure than ever Miners are doubling down on scaling Bullish signal for Bitcoin? You bet. 🟠 — #bitcoin #btcmining #BitFuFu #hashrate #CryptoNews
⚡️ TODAY: BitFuFu Mines 400 $BTC in May – Hashrate Hits Record High! 🇸🇬
Singapore-based BitFuFu just dropped monster numbers:
✅ 400 BTC mined in May – up 91% MoM
✅ Record-breaking 34.1 EH/s hashrate
This surge cements BitFuFu’s position as a global mining powerhouse and signals rising network strength post-halving.
📈 What it means:
Mining is still profitable
Network is more secure than ever
Miners are doubling down on scaling
Bullish signal for Bitcoin? You bet. 🟠

#bitcoin #btcmining #BitFuFu #hashrate #CryptoNews
🔥 Texas Heatwave Sparks 15.8% Plunge in Bitcoin Hashrate 🌐 Just days after geopolitical tensions shook the crypto space, Bitcoin’s hashrate has now tumbled by nearly 16%, marking its sharpest decline in almost 3 years. 📉 What’s causing it? This time, it’s not market panic — it’s Texas heat. With record-breaking temperatures, major Bitcoin miners in Texas are being forced to power down operations to stabilize the grid and manage energy demands. 🛰 Add in U.S. airstrikes on Iran, and you have a perfect storm disrupting both infrastructure and investor sentiment. 💡 Why it matters: ▫️ A reduced hashrate can increase network vulnerability. ▫️ It reflects the growing interdependence of energy, climate, and crypto. ▫️ It's a strong reminder that Bitcoin mining isn’t just digital — it's deeply physical. 📊 As the climate and global tensions evolve, mining resilience and energy innovation will become the next big frontier. #Bitcoin #Crypto #Hashrate #Texas #Blockchain https://coingape.com/texas-heatwave-triggers-15-8-drop-in-bitcoin-hashrate/
🔥 Texas Heatwave Sparks 15.8% Plunge in Bitcoin Hashrate
🌐 Just days after geopolitical tensions shook the crypto space, Bitcoin’s hashrate has now tumbled by nearly 16%, marking its sharpest decline in almost 3 years.
📉 What’s causing it?
This time, it’s not market panic — it’s Texas heat.
With record-breaking temperatures, major Bitcoin miners in Texas are being forced to power down operations to stabilize the grid and manage energy demands.
🛰 Add in U.S. airstrikes on Iran, and you have a perfect storm disrupting both infrastructure and investor sentiment.
💡 Why it matters:
▫️ A reduced hashrate can increase network vulnerability.
▫️ It reflects the growing interdependence of energy, climate, and crypto.
▫️ It's a strong reminder that Bitcoin mining isn’t just digital — it's deeply physical.
📊 As the climate and global tensions evolve, mining resilience and energy innovation will become the next big frontier.
#Bitcoin #Crypto #Hashrate #Texas #Blockchain
https://coingape.com/texas-heatwave-triggers-15-8-drop-in-bitcoin-hashrate/
27 Jun
Bitcoin Mining Rebounds: Hashrate Surges 30% in a Single DayThe Bitcoin network has experienced a dramatic turnaround – after a steep drop of over 20% in mining power, the network’s hashrate rebounded by more than 30% in just 24 hours, nearly returning to its all-time highs. What’s happening behind the scenes in the world of Bitcoin mining? 🔻 Sudden Drop, Rapid Recovery Just days ago, Bitcoin's total network hashrate dropped to around 660 EH/s, the lowest level since the summer of 2024. This sharp decline coincided with rising geopolitical tensions, particularly U.S. airstrikes on Iran and subsequent retaliation. Some speculated that part of the mining capacity was taken offline as a precautionary move affecting regional data centers. But within a single day, a sharp reversal occurred – the hashrate surged by over 30%, returning to values above 1000 EH/s. ☀️ Heat Waves Disrupt Mining Operations Another explanation comes from the United States, specifically Texas, one of the main Bitcoin mining hubs. Extreme heatwaves hit the region, significantly increasing cooling demands and operational costs. As a result, many mining facilities were temporarily shut down. Such seasonal disruptions aren’t unusual – Bitcoin mining often depends on hydroelectric power, which can be less available during summer, or serves as a balancing mechanism for overburdened power grids. While Iran currently accounts for only 0.12% of the global hashrate, the U.S. leads with over 37%, thanks to corporate-backed mining centers and professional pools. 📉 Lower Difficulty Brings Relief to Miners In June, the Bitcoin network’s mining difficulty dropped by 9%, easing pressure on miners. With the price of Bitcoin above $107,000 and the estimated cost of producing one BTC around $98,000, the potential for profitability is back. The next difficulty adjustment is expected on June 29. Given the recent slower block production, analysts expect a further 7.9% reduction, which would encourage more miners to return online. This trend reflects the strategic nature of modern mining: some pools temporarily shut down if costs outweigh rewards, only to resume when conditions improve. 📊 The New Normal: Larger Data Centers and Coordinated Strategy Bitcoin mining is no longer the domain of solo hobbyists. In 2025, the field is dominated by large-scale professional data centers and coordinated mining pools. The industry has matured, and miners now dynamically adjust their operations based on market conditions, weather, and energy availability. #hashrate , #bitcoin , #CryptoMining , #BTC , #CryptoNews Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Bitcoin Mining Rebounds: Hashrate Surges 30% in a Single Day

The Bitcoin network has experienced a dramatic turnaround – after a steep drop of over 20% in mining power, the network’s hashrate rebounded by more than 30% in just 24 hours, nearly returning to its all-time highs. What’s happening behind the scenes in the world of Bitcoin mining?

🔻 Sudden Drop, Rapid Recovery
Just days ago, Bitcoin's total network hashrate dropped to around 660 EH/s, the lowest level since the summer of 2024. This sharp decline coincided with rising geopolitical tensions, particularly U.S. airstrikes on Iran and subsequent retaliation.
Some speculated that part of the mining capacity was taken offline as a precautionary move affecting regional data centers.
But within a single day, a sharp reversal occurred – the hashrate surged by over 30%, returning to values above 1000 EH/s.

☀️ Heat Waves Disrupt Mining Operations
Another explanation comes from the United States, specifically Texas, one of the main Bitcoin mining hubs. Extreme heatwaves hit the region, significantly increasing cooling demands and operational costs. As a result, many mining facilities were temporarily shut down.
Such seasonal disruptions aren’t unusual – Bitcoin mining often depends on hydroelectric power, which can be less available during summer, or serves as a balancing mechanism for overburdened power grids.
While Iran currently accounts for only 0.12% of the global hashrate, the U.S. leads with over 37%, thanks to corporate-backed mining centers and professional pools.

📉 Lower Difficulty Brings Relief to Miners
In June, the Bitcoin network’s mining difficulty dropped by 9%, easing pressure on miners. With the price of Bitcoin above $107,000 and the estimated cost of producing one BTC around $98,000, the potential for profitability is back.
The next difficulty adjustment is expected on June 29. Given the recent slower block production, analysts expect a further 7.9% reduction, which would encourage more miners to return online.
This trend reflects the strategic nature of modern mining: some pools temporarily shut down if costs outweigh rewards, only to resume when conditions improve.

📊 The New Normal: Larger Data Centers and Coordinated Strategy
Bitcoin mining is no longer the domain of solo hobbyists. In 2025, the field is dominated by large-scale professional data centers and coordinated mining pools. The industry has matured, and miners now dynamically adjust their operations based on market conditions, weather, and energy availability.

#hashrate , #bitcoin , #CryptoMining , #BTC , #CryptoNews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
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Bitcoin Faces Challenges as Mining Difficulty Reaches Record High – Signs of a Bottom?Bitcoin (BTC) has just reached its highest mining difficulty level in history – 114.7 T, after increasing by 5.6% over the past weekend. At the same time, the Hash Ribbon indicator is signaling a capitulation of miners – a sign that usually indicates that the price of Bitcoin may be approaching a bottom. Miners Are Under Great Pressure #HashRibbon is an important market indicator, appearing when the cost of mining Bitcoin exceeds profits, forcing many miners to cease operations. According to data from Glassnode, this capitulation phase began in early February.

Bitcoin Faces Challenges as Mining Difficulty Reaches Record High – Signs of a Bottom?

Bitcoin (BTC) has just reached its highest mining difficulty level in history – 114.7 T, after increasing by 5.6% over the past weekend. At the same time, the Hash Ribbon indicator is signaling a capitulation of miners – a sign that usually indicates that the price of Bitcoin may be approaching a bottom.
Miners Are Under Great Pressure
#HashRibbon is an important market indicator, appearing when the cost of mining Bitcoin exceeds profits, forcing many miners to cease operations. According to data from Glassnode, this capitulation phase began in early February.
Riot Platform acquires Kentucky-based Block Mining for $93 million.US mining giant Riot has acquired Kentucky-based Block Mining in a deal valued at $92.5 million. July24, Riot Platforms said the acquisition was valued at $18.5 million in cash and $74 million in Riot common stock from the company's balance sheet. Block #Mining said it could receive up to $32.5 million in additional consideration depending on its performance through 2025. Block Mining said the deal will immediately increase hash rates and provide access to additional energy markets outside of the Texas Electric Reliability Council. Block Mining consists of two power plants in Kentucky with a current capacity of 60 megawatts. According to Riot, the company plans to increase capacity to 110 megawatts by the end of 2024. Block Mining also owns a site in Kentucky adjacent to an existing substation where it can build 60 megawatts and eventually expand to 150 megawatts. Riot CEO Jason Less said the acquisition will allow the company to diversify nationally and expand into Kentucky. he added that it will also enable the company to expand its Kentucky operations to more than 300 MW and accelerate progress toward its goal of growing to 100 exahash per second (EH/s). This partnership provides Riot with a unique, cost-effective opportunity to expand its Kentucky operations into new energy markets, said Michael Stolzner, CEO and co-founder of the #blockchain company. In June, Riot Platforms' #hashrate skyrocketed, increasing by 50 percent over the month, mining 255 #BTC . The company completed the installation of equipment at its Corsicana, Texas, facility and utilized additional capacity at its Rockdale, Texas, facility, which contributed to the hashrate increase. Riot is also actively pursuing the acquisition of rival mining company Bitfarms, having offered to buy it for $950 million in mid-June. Riot Platforms, through its U. S. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments) #TrendingTopic

Riot Platform acquires Kentucky-based Block Mining for $93 million.

US mining giant Riot has acquired Kentucky-based Block Mining in a deal valued at $92.5 million.

July24, Riot Platforms said the acquisition was valued at $18.5 million in cash and $74 million in Riot common stock from the company's balance sheet.
Block #Mining said it could receive up to $32.5 million in additional consideration depending on its performance through 2025.
Block Mining said the deal will immediately increase hash rates and provide access to additional energy markets outside of the Texas Electric Reliability Council.
Block Mining consists of two power plants in Kentucky with a current capacity of 60 megawatts. According to Riot, the company plans to increase capacity to 110 megawatts by the end of 2024.
Block Mining also owns a site in Kentucky adjacent to an existing substation where it can build 60 megawatts and eventually expand to 150 megawatts.
Riot CEO Jason Less said the acquisition will allow the company to diversify nationally and expand into Kentucky.
he added that it will also enable the company to expand its Kentucky operations to more than 300 MW and accelerate progress toward its goal of growing to 100 exahash per second (EH/s).
This partnership provides Riot with a unique, cost-effective opportunity to expand its Kentucky operations into new energy markets, said Michael Stolzner, CEO and co-founder of the #blockchain company.
In June, Riot Platforms' #hashrate skyrocketed, increasing by 50 percent over the month, mining 255 #BTC .
The company completed the installation of equipment at its Corsicana, Texas, facility and utilized additional capacity at its Rockdale, Texas, facility, which contributed to the hashrate increase.
Riot is also actively pursuing the acquisition of rival mining company Bitfarms, having offered to buy it for $950 million in mid-June.

Riot Platforms, through its U. S.
Read us at: Compass Investments
#TrendingTopic
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