hashrate

CleanSpark Mined 685 Bitcoin in June, Reaching 50 EH/s Hashrate

CleanSpark Mined 685 Bitcoin in June, Reaching 50 EH/s Hashrate

CleanSpark, Inc. (Nasdaq: CLSK) announced it mined 685 bitcoin in June 2025, according to the company's June Bitcoin mining update as of June 30, 2025. That year the venture company made $61 million in revenue. Specifically, they sold 578 BTC at an average price of $105,860 per BTC. CleanSpark recently...

Bitcoin Mining
Trump-Linked Bitcoin Miner Goes Public: What's the Hash Rate?

Trump-Linked Bitcoin Miner Goes Public: What's the Hash Rate?

These intersecting worlds of cryptocurrency and politics create even more fascinating narratives. More recently, the Trump family has come to join the ranks of Bitcoin miners. American Bitcoin Corp., backed by the Trump brothers, is set to make its public debut any day now. It will do so through a...

Posts
Miner Rebound: The Hidden Risks Behind Bitcoin's Hashrate Surge

Miner Rebound: The Hidden Risks Behind Bitcoin's Hashrate Surge

…that the Bitcoin hashrate was on a wild ride. It dropped down to 660 EH/s, only to leap back up 30% over 1000 EH/s, sending the crypto community into a furor. Some cheered the network’s increased resilience and richer miners. What I can’t shake is the troubling signs I see...

Our Takes
Bitcoin Hashrate Surges: What's Behind the Mining Rollercoaster?

Bitcoin Hashrate Surges: What's Behind the Mining Rollercoaster?

Bitcoin's hashrate, a key indicator of the network's security and mining activity, has seen some dramatic swings recently. Geopolitical events, environmental issues, technological changes, and potential errors in reporting contribute to the volatility. Together, their engagement forms a daunting terrain that can lead to discouragement. To navigate this reality, or...

Posts
Bitcoin Hashrate Roars Back After Summer Slump

Bitcoin Hashrate Roars Back After Summer Slump

Bitcoin’s hash rate — a rough proxy for bitcoin security — has had a chaotic 2023, with a sudden collapse in bitcoin security followed by an extraordinary recovery. This change is driven by a confluence of factors. Environmental conditions, geopolitical events and the seasonal nature of energy production add additional...

Bitcoin Mining
Bitcoin Hashrate Plummets Amidst Iranian Unrest and Rising Energy Costs

Bitcoin Hashrate Plummets Amidst Iranian Unrest and Rising Energy Costs

Bitcoin’s hashrate plummeted, raising fears and provoking wild speculation among bitcoiners. The decline, which began in mid-June, coincided with both geopolitical events in Iran and rising electricity costs, raising concerns about the network's stability and the profitability of Bitcoin mining. A full explanation remains well beyond our grasp. The juxtaposition...

Bitcoin Mining
Bitcoin's Hashrate Drop A Necessary Risk Assessment for Investors

Bitcoin's Hashrate Drop A Necessary Risk Assessment for Investors

The recent decline in BTC hashrate is just a small blip on the overall Bitcoin radar. It’s a blip that doesn’t go unnoticed, like catching a stray pixel in your precision-drawn landscape printer. A 15% drop? That’s nothing to sneeze at in the high-stakes world of crypto. Before you go...

Our Takes
Bitcoin's Hashrate Plunge: Is This the Dip Before the Party?

Bitcoin's Hashrate Plunge: Is This the Dip Before the Party?

Now, Bitcoin fam, can we keep it a buck for a second? The hashrate definitely dropped out here! A 15% reduction is no small potatoes, particularly following the rollercoaster of volatility and uncertainty we've faced this past year. Before you hit that panic-sell button, let's remember: every epic party has...

Our Takes
Bitcoin Hashrate Plummets 15%: Is This the Start of a Bear Trend?

Bitcoin Hashrate Plummets 15%: Is This the Start of a Bear Trend?

The Bitcoin network, often lauded for its unbreakable security and decentralized characteristics, recently went through one of these changes. Meanwhile, the Bitcoin Hashrate — a measure of the network’s processing power — has plunged in half. This drop comes after a new all-time high (ATH), set just earlier this month....

Posts
US Bitcoin Miners Navigate Tariff Terrain Amidst Shifting Hashrate Dynamics

US Bitcoin Miners Navigate Tariff Terrain Amidst Shifting Hashrate Dynamics

The future for U.S. Bitcoin miners indeed looks a lot different today. Tariffs, technological innovations, and changes in global hashrate distribution are all pushing this change. The Trump administration’s tariffs were an attempt to spur ASIC manufacturing onshore, but their real-world effects are turning out to be more complicated. As...

Bitcoin Mining
Bit Digital Ditches Bitcoin: Is Ethereum Staking the Future?

Bit Digital Ditches Bitcoin: Is Ethereum Staking the Future?

Bit Digital, Inc. just made a surprising and positive turn from Bitcoin mining. The company has since shifted its attention to Ethereum staking, pulling the industry’s eyes along with it. This development is part of a widening strategy of moves by the company to pivot its focus. It deepens and...

Bit Digital's Staking Gamble Smart Pivot or Risky Bet?

Bit Digital's Staking Gamble Smart Pivot or Risky Bet?

Bit Digital is betting the farm. They’re promoting the sale of these shovels in order to purchase the lottery tickets. They're ditching Bitcoin mining, the digital equivalent of the California gold rush, for Ethereum staking, which, let's be honest, sounds a lot less rugged and a lot more…regulated. Whether this...

Bitcoin Mining 101: Demystifying Crypto's Core Process

Bitcoin Mining 101: Demystifying Crypto's Core Process

Bitcoin mining is the integral process that serves as the backbone of the Bitcoin network. It’s how new bitcoins are generated, and it’s how transactions are confirmed and added to the public blockchain. To those unfamiliar with the crypto space, the word “mining” may seem a bit scary. Learning the...

Altcoin ETF Approval A Double Edged Sword 3 Risks to Watch Out For

Altcoin ETF Approval A Double Edged Sword 3 Risks to Watch Out For

The buzz is building. Look out BTC, altcoin ETFs are on their way! The SEC seems to be getting a little more friendly towards it, especially with regards to Solana. We're seeing applications amended, deadlines looming, and even whispers of BlackRock jumping into the XRP game after the Ripple case...

Bitcoin Mining's Dirty Secret 2025: Is It Still Worth the Risk?

Bitcoin Mining's Dirty Secret 2025: Is It Still Worth the Risk?

Let's be blunt. The Bitcoin gold rush? It’s increasingly shaping up to be a fool’s errand come 2025. This really is more than a small blip in profitability. That is a dramatic and potentially catastrophic turn in the risk-reward equation. The shiny allure of digital gold is masking a growing...

5 Reasons Why Altcoin ETF Approval Will Unleash Crypto Summer 2.0

5 Reasons Why Altcoin ETF Approval Will Unleash Crypto Summer 2.0

The air is just crackling with excitement, right? Or maybe that’s just the Crypto Summer 2.0 that you can almost taste on the horizon. Forget the lukewarm spring we just had. This is about to be a full-blown heatwave, fueled by something even more potent than Bitcoin: Altcoins. And what's...

Altcoin ETF Approval Incoming? SEC's Oct 10 Deadline Looms!

Altcoin ETF Approval Incoming? SEC's Oct 10 Deadline Looms!

Introduction to the TopicCryptocurrency investment is on the verge of seismic change. Altcoin ETFs are primed to explode into the market! An Exchange-Traded Fund (ETF) is a type of investment fund that holds a collection of assets, such as stocks, bonds, or commodities, and divides ownership of those assets into...