During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per second (PH/s) of hashpower—dipped to its lowest point in history, sliding below $38 per PH/s. In this fiercely competitive bitcoin mining arena, only the most resilient operations can thrive, with the best-performing machines bringing in […]
Original
Related posts
-
Bitcoin (BTC) Price May Turn Lower as Crypto Exchanges See $1B of Tether (USDT) Withdrawal
“In recent cases where withdrawals exceeded $1 billion, bitcoin began a downtrend soon after, suggesting investors... -
Bitcoin is bullish because rate cuts are coming: Bitfinex
Analysts at Bitfinex suggest that the latest Consumer Price Index (CPI) data aligns with expectations, bolstering... -
What could this mean for Bitcoin?
Will Bitcoin’s price hold above critical support levels as the market digests cooling inflation and yen...