Bitcoin Mining Hits 1.13 Zh/s as Energy Costs Squeeze Earnings

TLDR Bitcoin mining hashrate reached a record 1.13 zettahash per second in October 2024. Daily revenue per exahash per second dropped 7% from $52,000 to $48,000 compared to September. North American infrastructure expansions drove much of the hashrate growth during the month. Kazakhstan and Middle Eastern regions contributed to the rising Bitcoin mining participation. The [...]

The post Bitcoin Mining Hits 1.13 Zh/s as Energy Costs Squeeze Earnings appeared first on Blockonomi.