While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High – Mining Bitcoin News

[ad_1] During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated hashrate has caused the network difficulty to rise, as Bitcoin’s mining difficulty has adjusted upward nine times in a row to date and it’s… Continue reading While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High – Mining Bitcoin News

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Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery – Mining Bitcoin News

[ad_1] Over the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces. 30-day statistics show the hashrate has been fluctuating wildly, and across the last week it has slid downward roughly 26%. Reports Show Bitcoin Mining Crackdowns in Five Chinese Provinces Despite the slide,… Continue reading Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery – Mining Bitcoin News

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Bitmain Reveals New Scrypt Miner — Model Mines DOGE and LTC Four-Times Faster Than Today’s Top Machine – Mining Bitcoin News

[ad_1] Regional reports from an exposition in Chengdu indicate Bitmain has unveiled a new scrypt ASIC rig for dogecoin, litecoin, digibyte, and verge mining. The Chinese reporter who disclosed the information says the new Bitmain model has a hashrate of around 9,500 megahash per second (MH/s) and overseas prices are reduced by 13%. Bitmain Unveils… Continue reading Bitmain Reveals New Scrypt Miner — Model Mines DOGE and LTC Four-Times Faster Than Today’s Top Machine – Mining Bitcoin News

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Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting – Bitcoin News

[ad_1] The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge. Bitcoin’s hashrate is now hovering just above 100 exahash per… Continue reading Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting – Bitcoin News

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