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Bitcoin hashrate hits seven-month high, mining competition intensifies despite AI shift
Bitcoin's hashrate has reached a seven-month high, indicating a surge in mining activity. According to BlocksBridge, the network's mining difficulty is rising, as the industry's transition towards AI has failed to ease competition among miners. Smaller operators are reportedly absorbing mining equipment that larger competitors have abandoned.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
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Three companies have notified the U.S. SEC of their plans to launch tokenized stock trading.
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Meta's Q3 revenue and Q4 guidance both exceeded expectations, with the company raising its AI capital expenditure and proposing to issue new non-voting shares, leading to a 6% surge in after-hours trading.
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Anthropic launches AI agent Claude Duet, capable of continuous background operation and proactive task execution
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CICC: Suggest increasing gold allocation to hedge AI asset risks, dollar depreciation trade is an effective strategy
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Blackstone Executives Say Concerns About AI Infrastructure Debt Are Overblown
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Australian superannuation fund UniSuper is avoiding direct investments in data centers, believing the biggest winners from the AI boom will be technology application companies rather than infrastructure builders.
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Treasuries Slide After Middle East Strife Report Spurs Oil Gains
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Asian stocks struggle as Hang Seng Index dives amid AI and geopolitical concerns
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CSX Corporation (CSX) Q3 Earnings: EPS $0.57 Beats Estimates, Revenue $4.02 Billion Beats Estimates
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The U.S. State Department has ordered the departure of some diplomatic personnel from Saudi Arabia due to increasing threats from Houthi attacks, following multiple Houthi attacks that have already occurred within Saudi territory.
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