Despite Low Profits, Bitcoin’s Hash Rate Remains High

Last Modified:3 Jul 2022 13:01:53
Despite Low Profits, Bitcoin’s Hash Rate Remains High


  • A large number of inactive Bitcoin wallets from 2010 have once again become active. “Bitcoin News”


  • Solana successfully starts a new month by avoiding any type of downtime or other technical issue. “U Today”


  • In spite of massive market correction, Coinbase intends to continue its European expansion. “U Today”


  • Unlike crypto market going through the motions, NFT sales have managed to stay consistent this week while the crypto market saw more losses. “Bitcoin News”


  • Even though the profits from mining have been going down lately, Bitcoin’s hash rate remains high between 180 and 261 exa hash per second. “Bitcoin News”


  • Cristiano Ronaldo signed a multi-year NFT contract with Binance. “Coin Telegraph”


  • The US Justice Department announced criminal charges against a person involved with Baller Ape Club NFTs over 130-million-dollar scheme. “Bloomberg”


  • The SEC rejected Gray Scale’s bid to convert its Bitcoin investment product into an ETF. “Bloomberg”


  • The CFTC charged South African Bitcoin mining pool, Mirror Trading International with 1.7-billion-dollar fraud. “Coin Desk”


  • Mexican senator has introduced a bill to amend the current monetary laws of the country and make Bitcoin a legal tender. “Bitcoin News”



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