Bitcoin Hash Rate Rises To All-time High

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The total amount of computing power in the network of the first cryptocurrency reached a record high of 179.4 EH / s.

Data: Coin Metrics.

On April 2, a recalculation of the difficulty of bitcoin mining took place – the indicator increased by 5.82%, reaching a record 23.14 T.

Data: BTC.com.

Ethan Vera, CTO of the Luxor mining pool, told CoinDesk that high bitcoin prices and a shortage of chips made mining profitable even on ASIC devices in 2014.

 

“Many miners are now operating at 85% margins. There is practically no unprofitable equipment, ”he explained.

 

In March, NiuLian Technology, a subsidiary of Nasdaq-listed The9 Ltd, acquired ASIC devices from Bitmain and MicroBT.

American mining company Marathon Digital Holdings reported in its first quarter 2021 report that it received approximately 10,300 Antminer S-19 Pros from Bitmain in the first three months.

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