Bitcoin Hashrate Growth Slows Amid Market Challenges
- Bitcoin’s network difficulty declined for the first time since September.
- Total revenue from bitcoin mining remained stable at $1.4 billion in January.
- Publicly traded companies hold 99,000 bitcoin, valued at approximately $9.7 billion.
- Marathon Digital leads with a hashrate of 41.65 EH/s, followed by CleanSpark at 34.77 EH/s.
- The gap between the top and smaller miners is widening due to market conditions.
The decline in Bitcoin’s network difficulty highlights challenges faced by smaller mining operators, despite stable revenue of $1.4 billion in January.
Source (2.6)https://www.coindesk.com/markets/2025/02/20/bitcoin-hashrate-growth-slows-amid-tough-market-conditions-for-smaller-players?rand=52298