By Emir Abyazov 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 […]
Tag: BTC
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By Olivia Stephanie Bitcoin (BTC) is testing a key technical level after dropping from recent highs. At the time of writing, the asset trades near $93,000 with a 24-hour loss of 2%. Over the past seven days, it remains up by almost 3%. After failing to hold above $95,000, the price declined by $3,000 within […]