Our editorial policy follows strict guidelines and review methodology when it comes to transparency and accuracy of the content we publish. We inculcate the extensive knowledge and wisdom of seasoned ...

Bitcoin hash rate has experienced a significant decline as mining firms are shutting down unprofitable rigs following the halving.

Bitcoin’s hash rate saw a decline as Bitcoin (BTC) mining firms have started turning off unprofitable mining rigs after the fourth Bitcoin halving ... and securing favorable hardware procurement terms ...

The latest Bitcoin halving, which slashed the block reward from 6.25 BTC to 3.125 BTC, has forced less efficient mining rigs offline as miner revenues dropped to levels equivalent to a Bitcoin price ...