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: ZH
By Emir Abayzov The second-largest cryptocurrency by market capitalization has surpassed the largest in terms of trading volume; a rally has begun in the NFT market, Russia is set to introduce fines for crypto payments, Tron has entered Nasdaq, and other events marked the past week. Ethereum overtakes Bitcoin The last seven days have been […]