This week, news about the Bitcoin mining business made headlines on major portals. In this work, we present you a summary of the five most outstanding events in this field during the last seven days. It should be noted that news about mining of other digital currencies is also covered.
Among the most important events is the fact that the hashrate of the most popular of digital currencies continues to recover. Two important factors contribute to this, such as the reconnection of Chinese miners after the ban in their country. Likewise, the new connections made in the West stand out.
Another important factor is related to the impact of Ethereum’s EIP-1559 on the miners of the second most important cryptocurrency in capitalization. Previously, miners received all the reward from transaction fees on that network. However, now much of it is burned. The event causes unrest in the Ether mining community.
These were the biggest facts of the week for Bitcoin mining
As usual, this summary covers the most important Bitcoin mining news items over the course of the week. Although the news in this field was abundant, here only the five that are considered the most outstanding among all are selected. These are the headlines:
- Bitcoin hashrate continues to rebound.
- Ethereum miners receive less money for their work.
- Marathon could be on the verge of 13.3 EH / s.
- US mining firms will mine with nuclear power.
- By 2030 digital mining will be 100% green, says analyst.
Bitcoin hashrate continues to rebound
The zigzag movement of the Bitcoin hashrate index continues to shape towards recovery. Since the business ban in China and the first massive disconnections, the count has plummeted from nearly 200 EH / s to 58 EH / s. Since then, a recovery process began.
In the midst of this, it stands out that, when the difficulty falls, the miners are encouraged to make new connections. At the same time, in other parts of the world, the business continues to grow. This last fact caused sudden increases in the count even up to 130 EH / s. However, then come new disconnections that again cause the drop to 90 EH / s.
Hence the zigzag movement on the graph. It stands out from this that there are fewer and fewer miners left to disconnect in China. At the same time, the new connections, plus the Chinese miners reconnecting in other countries, will mark the definitive trend towards the recovery of the hashrate. At the time of writing, this rate is 113 EH / s.