Bitcoin’s brute computational engine is flexing harder than ever, as the network packed on a staggering 111 exahash per second (EH/s) in just eight days—catapulting the hashrate to a jaw-dropping 1,107 EH/s. Whatever’s powering this beast, it’s pushing the network into uncharted territory.
Cipher Mining announced a $3 billion, ten-year HPC colocation deal with Fluidstack, backed by Google’s $1.4 billion investment.
MicroBT has launched a dedicated online shop in the United States, enabling customers to order domestically built Whatsminer bitcoin mining rigs directly.
Although the network’s mining difficulty cranked up 4.63% just four days ago, that bump barely ruffled the miners. The machines kept churning with wild devotion, and the protocol’s horsepower blasted its way to a shiny new all-time high of 1,091 exahash per second (EH/s).
At an operating expense of $0.04 per kilowatt-hour (kWh), the current crop of SHA256 bitcoin miners sorts into a clear profit ladder, with high-hashrate hydro units setting the pace and a few efficient air and immersion options keeping things interesting.
BITF has taken off and the momentum isn’t fading. Is there a development the market’s quietly pricing in? Or is it time to re-rate the stock altogether?
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