Bitcoin’s Hashrate Plunges, “Miners Sold by the Kilo” Trends in China

2018-11-22 15:26

Bitcoin’s hashrate has suddenly fallen by nearly 50% from a high of 62 quintillion/exahashes a second to 34 quintillion at the time of writing. This is the first time bitcoin’s... The post Bitcoin’s Hashrate Plunges, “Miners Sold by the Kilo” Trends in China appeared first on Trustnodes. origin »

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$ 71069.28 (+0.34%)
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Изменеия 24h: -0.77 %, 7d: 6.79 %
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bitcoin hashrate time quintillion china miners plunges

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Bitcoin is getting too expensive to mine profitably: What breaks first – hashrate, UX, or ideology?

With the spotlight this cycle fixed on corporate Bitcoin treasuries, ETF inflows, and shifting global liquidity, Bitcoin’s miners have become the overlooked backbone of the network. Yet, as block rewards shrink and energy costs rise, many are being forced to reinvent themselves, branching into AI hosting, energy arbitrage, and infrastructure services, just to keep their […] The post Bitcoin is getting too expensive to mine profitably: What breaks first – hashrate, UX, or ideology? appeared first on CryptoSlate.

2025-11-7 00:00