Bitcoin miners are sending a clear message: they're more bullish than ever. As we observe new all-time highs in the Bitcoin network’s hash rate, the commitment of miners underscores their confid ...
Equipped with powerful computers, miners search for a 64-digit hexadecimal code known as a hash, which represents a block of transactions. Miners find this code through a process called hashing.
Bitcoin miner Hut 8 forecasts its self-mining hash rate will increase by 66% around the first quarter of 2025 after agreeing to buy 31,145 Bitmain Antminers S21+ machines. Hut 8 agreed to pay $15 ...