Record Low Hashprice Can't Stop Hashrate Surging Past 700 EH/s

Mining economics, news & insights.

While Bitcoin's price recovers from another setback, the network hashrate surged, breaking through the 700 EH/s level. The bearish price action has driven hashprice back to all-time lows. Will September once again be the worst-performing month, as it has been in most previous years? If mining margins don't improve soon, ASIC manufacturers and resellers …