52 Quintillion Per Second: Bitcoin Hashrate Breaks Dizzying New Record

Bitcoin’s network hashrate reached a new record high this week, prompting encouragement from industry commentators as technical support continues to grow exponentially. More Hashes Than Sand On Earth Data from Blockchain (formerly Blockchain.info) confirms that the current hashrate has reached 52 quintillion hashes per second. This marks the first time Bitcoin has reached the threshold […]

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Bitcoin Mining Giant Bitmain Worth $12 Billion After Latest Funding Round

Bitmain, the Bitcoin mining behemoth, is now reportedly valued at $12 billion. This new valuation comes after the company closed a $400 million Series B funding round. Bitmain, which controls a major chunk of the Bitcoin mining hashrate, is also set to invest in the upcoming Opera browser IPO. $12 Billion Valuation According to local […]

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