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: EH
By Marco Piccolo Key highlights: Bernstein raises IREN’s price target from $20 to $75, citing its aggressive move into AI cloud services. IREN is now the largest public bitcoin miner by market cap, with shares up over 500% in six months. Analysts estimate AI will account for 87% of IREN’s value, with bitcoin mining contributing […]
By Emir Abyazov Key highlights: Ethereum hit $4,889, updating its ATH with 5% weekly growth. Bitcoin mining pools Foundry USA and AntPool control 51% of hashrate. Solana set a new 107,540 TPS speed record during a stress test. Ethereum record The crypto market’s focus over the past seven days has been on US Federal Reserve […]