Gate News bot message, Bitcoin’s hashrate has dropped approximately 20% as mining profitability collapsed. Crashing BTC prices and Winter Storm Fern across 34 U.S. states triggered the largest difficulty adjustment since China’s 2021 ban. Many miners shifted operations during this period.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Vancouver Moves to Close Bitcoin Reserve Proposal After Legal Review
In brief
City staff have concluded the Vancouver Charter does not allow Bitcoin in city reserves.
The motion followed a late 2024 decree by Mayor Ken Sim to study crypto use.
Municipal finance rules keep assets like Bitcoin outside treasuries, Decrypt was told.
Vancouver staff have
Decrypt17m ago
US publicly traded company Hyperscale Data's Bitcoin holdings increase to over 610 coins, with a total market value of approximately $40 million
Hyperscale Data announced on March 7th that its Bitcoin holdings increased to 610.9188 coins, with a total market value of approximately $40 million. Subsidiary Sentinum holds 564.7252 Bitcoin, while another subsidiary ACG purchased 46.1935. The company's goal is to increase the value of its Bitcoin assets to $100 million.
GateNews44m ago
Construction Begins on Quantum Facility Capable of Breaking Bitcoin
The quantum computing race is edging closer to a commercially viable milestone, with PsiQuantum revealing progress toward a facility that could house a million qubits. The company, which has tied its plans to a collaboration with Nvidia, says the ambitious Chicago site will rely on advanced error-to
CryptoBreaking53m ago
XRP Holds $1.40 as Bitcoin Rally and ETF Inflows Lift Crypto Market
Key Insights
XRP maintained support above $1.40 as the broader market rebounded, while strong inflows into Bitcoin ETFs helped restore trading confidence.
Bitcoin surged beyond $74,000 alongside gains in major altcoins, lifting total crypto market value close to $2.45 trillion in one
CryptoFrontNews1h ago
Bitcoin mining company Cathedra Bitcoin and Sphere 3D reach a merger agreement, with combined operational capacity reaching 53 MW
Cathedra Bitcoin and Sphere 3D have reached a full stock transaction merger agreement. The new company after the merger will retain the Sphere 3D name and operate data centers in multiple states, with plans to expand operational capabilities and develop AI and high-performance computing services.
GateNews1h ago
New Yorkers can pay their mortgage with Bitcoin
New York City residents can now pay their mortgages using Bitcoin through the Strike platform, which has obtained the necessary licenses. This system streamlines transactions, lowers fees, and reduces the risks associated with price volatility, representing a major step forward in the integration of cryptocurrency into the real estate industry.
TapChiBitcoin1h ago
