Bitcoin Miners Unaffected by Price Decline — Hashrates Spiked Exponentially
news.bitcoin.com
by Jamie Redman
April 24, 2018
Excerpt:
Despite the multitude of headlines declaring that bitcoin mining was becoming unprofitable over the last four months, the hashrate between both Bitcoin Core (BTC) and Bitcoin Cash (BCH) networks has exploded. At the moment both SHA-256 proof-of-work (POW) powered protocols have been maintaining more than 35 exahash per second, becoming one of the most powerful computational systems in the world.
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