Network Hashrate Reaches 600 EH/s Amid Price Surge

Mining economics, news & insights.

Bitcoin price recovered back above $60,000 as Germany finished selling its holdings. Network hashrate climbed back to the 600 EH/s level, though miners are still capitulating. Difficulty is almost 10% off the all-time high, but an upward adjustment is incoming. Hashprice is slowly recovering from historic lows marked in early July. ASIC prices are tryin…