BTC hashrate drops 15% from October high as miner capitulation drags into almost 60 days

BTC hashrate drops 15% from October high as miner capitulation drags into almost 60 days

Bitcoin mining difficulty set for a 4% decline, the seventh negative adjustment in the past eight.

Grid Wars: Bitcoin Hashrate Drops As AI Demands More Electricity

Bitcoin’s network power dipped this week, falling back under the one-zettahash mark after several months above it. Reports show the seven-day average hashrate near 993 EH/s, a clear pullback from last year’s highs. Hunger For Power Reports say big AI data centers are buying long-term power contracts and willing to pay more for steady, round-the-clock electricity, pushing some miners to cut or shift operations. This competition has changed who ge…

Bitcoin Hash Rate Slips Below 1 ZH/s as Miners Face Growing Profitability Pressure

Bitcoin (BTC) mining is facing renewed strain as the hash rate dropped below a crucial threshold not seen since late 2025. One expert believes that AI demand and manufacturer-led expansion are reshaping network participation. StandardHash CEO and founder Leon Lyu warned of a major change unfolding in the Bitcoin mining landscape after the network’s seven-day average hash rate fell below 1 ZH/s for the first time since September last year. Miners…

Bitcoin Hashrate Falls as AI Competition Draws Mining Power Away

Key highlights: Bitcoin’s hashrate fell nearly 15% from its October peak, signaling pressure on miners’ profitability. Miners are reallocating computing power to AI services to maximize profits amid tight margins. Despite lower hashrate, mining difficulty has decreased and hashprice has risen, supporting short-term profitability. Bitcoin’s hashrate has declined even as mining profitability has recently improved. Analysts attribute the drop to …

Bitcoin’s Hashrate Slips Below 1 Zettahash After Months at Record Power – #CryptoUpdatesGNIT

After a steady stretch of flexing above the 1,000 exahash per second (EH/s) — a clean 1 zettahash per second (ZH/s) — line, Bitcoin’s network hashpower has dipped back under the 1 ZH/s bar and is now clocking in at 988 EH/s. Hashpower Pulls Back From Highs as Difficulty Relief Looms Bitcoin’s overall hashrate slipped […] Source link The post Bitcoin’s Hashrate Slips Below 1 Zettahash After Months at Record Power appeared first on #GlobalNewsIt.

Bitcoin hashrate at 4-month low as AI competes for the grid: Analyst

The Bitcoin hashrate has slipped below 1 zetahash per second for the first time in four months despite a recent improvement in miner profitability.