Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Binance Pay Lights Up Riviera with 80+ Stablecoin Stores

July 3, 2025

Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

July 2, 2025

OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing

July 2, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Bitcoin Miners Expand Capacity As Network Hash Rate Reaches Fresh All-time High!

0
By on August 14, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
Share
Facebook Twitter LinkedIn Pinterest Email

The post Bitcoin Miners Expand Capacity As Network Hash Rate Reaches Fresh All-time High! appeared first on Coinpedia Fintech News

Bitcoin (BTC) miners are expanding their capacity again as the network hash rate reached a fresh all-time high this week following a capitulation event. The network hash rate set a new record of 627 exahash per second on Tuesday. Such expansion comes despite a recent drop in bitcoin prices and record-low hash price. Bitcoin daily miner outflows spiked to 19K BTC on August 5, the highest level since March 18. This came as bitcoin’s price touched $49,000, suggesting miners sold off to cover costs as profit margins tightened. A miner capitulation event is typically seen near local bottoms for Bitcoin prices during bull markets.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

July 2, 2025

OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing

July 2, 2025

Is Bitcoin Price Poised for a Historical Rally in July Fueled By Institutional Investors?

July 2, 2025
Leave A Reply Cancel Reply

What's New Here!

Binance Pay Lights Up Riviera with 80+ Stablecoin Stores

July 3, 2025

Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

July 2, 2025

OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing

July 2, 2025

Is Bitcoin Price Poised for a Historical Rally in July Fueled By Institutional Investors?

July 2, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.