Despite the Low Price, Bitcoin's Hashrate Remains Elevated as Difficulty Taps an All-Time High – Mining Bitcoin News

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Despite the Low Price, Bitcoin's Hashrate Remains Elevated as Difficulty Taps an All-Time High – Mining Bitcoin News
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While bitcoin miners continue to search for blocks, the network recorded another difficulty increase following the last hike.

For instance, the Bitmain Antminer S19 Pro+ Hyd., which produces 198 terahash per second only gets $9.29 per day at current prices. That’s if the bitcoin miner is paying $0.12 per kilowatt-hour . Machines producing less than 30 TH/s may not be seeing profits if they pay $0.12 per kWh in electrical costs. Innosilicon’s Terminator 3, a miner that produces 52 TH/s, gets roughly $0.

F2pool has 32.52 EH/s of hashpower dedicated to the network and the pool found 150 blocks out of the 1,035 found this past week. There are 15 known pools today dedicating SHA256 hashpower toward thechain and around 1.16% of the global hashrate is owned by unknown miners. Unknown mining entities or stealth miners command 2.6 EH/s and have captured 12 blocks out of the 1,035 found this week.

While it’s been a crazy week in crypto, Bitcoin miners continue to do what they do best, which is continuously working to find as many blocks as possible. Today,

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