Global #Bitcoin mining

The cryptocurrency mining landscape has experienced notable changes recently, particularly in Bitcoin’s hashrate and miner revenues. As of now, the hashrate has increased by 2% since August, reaching a significant 643 exahash per second (EH/s).

Core Scientific (CORZ), a prominent player in the cryptocurrency mining sector, is set to make significant strides in the artificial intelligence (AI) hosting market, according to a recent report from broker Canaccord.

AntPool, a prominent Bitcoin mining pool, has made headlines by accounting for nearly one-third of all newly mined BTC in just 24 hours. As of September 22, data from mempool.space indicated that AntPool mined 42 out of 135 blocks, significantly overshadowing its closest competitor, Foundry USA, which mined 36 blocks.

In the small town of Hadsel, Norway, with a population of approximately 8,200, the closure of a local Bitcoin mining center has sparked a mix of relief and concern among residents.

September has been a tough month for Bitcoin miners, marked by declining stock values and decreased profitability. As the Bitcoin network’s hashrate rises, the competition intensifies, and some mining companies are pivoting their strategies.

The recent shutdown of a Bitcoin mining center in Hadsel municipality, Norway, has sparked a series of unintended consequences for local residents.