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Bitcoin’s hashrate increase isn’t helping miners in any way, here’s why
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Over the last few months, Bitcoin miners have reaped the benefits of BTC’s short-term rally. Interestingly, besides BTC’s price, the hashrate of the network has also increased.
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Due to the growing hashrate, the demand for ASIC rigs required to mine Bitcoin has also increased.
<p lang=«en» dir=«ltr» xml:lang=«en»>As #Bitcoin hashrate pushes to new ATHs, we can estimate the number of operational ASIC rigs required to generate that hashpower.Using three latest generation Antminer rigs, we estimate a fleet of –
Read more on ambcrypto.comAbout this in other media
Sygnum sees increased crypto firm inquiries after US banking giants collapse cointelegraph.com /1 year ago
How to boost mining revenues with hashrate marketplaces cointelegraph.com /1 year ago
Polkadot (DOT) Increases Development Activity To Retain Users While Orbeon Protocol (ORBN) Presale Set To Sell Out Before Due Date cryptonews.com /1 year ago
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