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Mining Weekly
Trends
- 1Bitcoin hashrate hits three-week low as miners sell BTC▼Bitcoin hashrate falls to 3-week low as miners cut BTC
Bitcoin's network hashrate has dropped to its lowest level in three weeks, coinciding with miners reducing their BTC holdings. The decline suggests mining activity is slowing, possibly due to profitability pressures. Crypto market observers are watching whether reduced miner selling and lower hashrate signal broader weakness or a potential stabilisation in Bitcoin's price outlook.
- 2Bitcoin hashrate falls to 915.8 EH/s as miners sell▼Bitcoin's hashrate drops to 915.8 EH/s; miners reduce holdings by 1,530 BTC in a week
Bitcoin's network hashrate has dropped to 915.8 EH/s, while miners reduced their holdings by 1,530 BTC over the past week. The simultaneous decline in mining power and miner balances is being read as a sign of tightening conditions for mining operations, with attention on whether reduced miner selling and recovering hashrate will follow.
- 3Minerals processing startup Valor hires ex-Redwood Materials VP▼Minerals processing startup Valor hires former Redwood Materials VP of engineering
Valor, a minerals processing startup, has hired a former vice president of engineering from battery recycler Redwood Materials, according to reports by Mining Weekly and TradingView. The move suggests Valor is building out its technical leadership as it scales its processing operations. Details on the executive's start date, responsibilities, and Valor's funding or expansion plans were not provided in the reports.
- 4Demo Wheel livestream returns Wednesday with special guest●This Wednesday at 7:00 PM EST, the Demo Wheel will return and it BEGS to be spun! As always, I will spin that wheel, I w
A gaming streamer is bringing back the Demo Wheel segment this Wednesday at 7:00 PM EST, spinning a wheel to randomly pick an indie game demo to play for 20 minutes at a time. This week's edition features a guest appearance by Roberto Cespi, creator of the game Sword Of Mine, who will presumably discuss his title during the stream.