Bitcoin network hashrate broke a new record, breaking 810 EH/s and reaching 815 EH/s.
Mining Pool Stats data shows that Fractal's network computing power exceeds 291.96EH/s, ranking fourth in the POW chain. Its network computing power has surpassed the top POW chains in market capitalization such as DOGE, BCH, KAS, BSV and CKB.
Analysts at JPMorgan noted that Bitcoin mining profitability fell to an all-time low as network hashrate rose in the first two weeks of August. Despite this, the share of network hashrate among US-listed miners rose to 26%, a new high. JPMorgan also said that Bitcoin network hashrate has increased by about 1% since August to an average of 621 EH/s, but it is still 30 EH/s lower than before the halving. In addition, Bitcoin price has declined by about 5% since the halving, but it is still up 35% ...