New debt-fueled era for Bitcoin miners marked by 1 zetahash milestone – Report

Bitcoin mining crossed the zetahash threshold in September as the network averaged 1.034 ZH/s, and hashprice fell below $47 per PH per second. According to a new report by The MinerMag, the step up in difficulty coincided with miners’ equity values nearly doubling since August to about $90 billion by October 15, while BTC fell The post New debt-fueled era for Bitcoin miners marked by 1 zetahash milestone – Report appeared first on CryptoSlate.