For the First Time: Bitcoin Hits Record Computing Power as Price Falls
https://www.cointribune.com/en/bitcoin-sets-a-power-record-but-the-price-drop-raises-concerns/
The news drops, a record that echoes in the crypto world: 1 Zettahash per second. A figure that, at first glance, lights up the eyes of enthusiasts. But behind this prodigious rise in hashrate, more complex questions lie for miners. A technical feat that does not encompass, far from it, all the economic dynamics of the network. Because while Bitcoin’s hashrate climbs, that does not guarantee profitability. And in the shadow of this record, some already fear the price to pay to remain competitive.
originally posted at https://stacker.news/items/938221
ch0k1
npub1k3…q9t9m
2025-04-08 17:10:14
Author Public Key
npub1k3qrkfq45qsvyp53hvvv2xk6tt9kfdca9asfvm9nc796dq65948q9q9t9mPublished at
2025-04-08 17:10:14Event JSON
{
"id": "a6bd96d93e3e0cba1db23c47991c8ede42d04ad549b057e3d6322fc4f9f0639f",
"pubkey": "b4403b2415a020c20691bb18c51ada5acb64b71d2f60966cb3c78ba683542d4e",
"created_at": 1744132214,
"kind": 1,
"tags": [
[
"client",
"stacker.news"
]
],
"content": "For the First Time: Bitcoin Hits Record Computing Power as Price Falls\nhttps://www.cointribune.com/en/bitcoin-sets-a-power-record-but-the-price-drop-raises-concerns/\n\nThe news drops, a record that echoes in the crypto world: 1 Zettahash per second. A figure that, at first glance, lights up the eyes of enthusiasts. But behind this prodigious rise in hashrate, more complex questions lie for miners. A technical feat that does not encompass, far from it, all the economic dynamics of the network. Because while Bitcoin’s hashrate climbs, that does not guarantee profitability. And in the shadow of this record, some already fear the price to pay to remain competitive.\n\noriginally posted at https://stacker.news/items/938221",
"sig": "80d51cd7ec290c83cddaa30b3f160664aba62d98fa0f61f5e6ea2d28c52d3407401b6d603f2992b78231df05401c0169064df5d8e79a6378c8b8ccb23afa10e3"
}