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The Bitcoin Mining Block Post

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network hashrate

Bitcoin Mining Absorbed a 6.8 GW Grid Shock
Extreme winter conditions have triggered a record 6.8 GW of Bitcoin mining load to switch off, driving one of the largest hashrate drawdowns in history. The decline that began in October is driving difficulty lower, yet weak BTC price action…

Bitcoin Volatility, Low Fees, and Hashrate Seasonality
Bitcoin briefly dipped below the $100K mark over the weekend, reacting to geopolitical tensions, but quickly regained its footing. Despite the rebound, one thing remains clear: transaction fees aren’t doing much to support miner revenue, and hashprice continues to closely…

Network Hashrate Reaches 600 EH/s Amid Price Surge
Bitcoin price recovered back above $60,000 as Germany finished selling its holdings. The network hashrate climbed back to the 600 EH/s level, though miners are still capitulating. Difficulty is almost 10% off the all-time high, but an upward adjustment is…

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