Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze
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After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar decline. Mining Pressure Mounts: Hashrate Drops, Earnings Grow Thinner By early afternoon Thursday, the valuation of bitcoin (BTC) hovered just above the $104,000 threshold. Merely days prior, […]

Bitcoin Trades Sideways as Stocks and Crypto Remain Flat
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The cryptocurrency has been mostly stagnant after the Israel-Iran conflict started last week, treading water around $104K for the past few days. No Major Moves: Bitcoin, Stocks, and Crypto Stuck in Neutral Israel vowed to intensify its strikes against Iran as the war between the two countries enters its seventh day. The beginning of the […]