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Bitcoin Network Hashrate Took Breather in First Two Weeks of October: JPMorgan
Yahoo Financeยท 2025-10-16 15:14
The Bitcoin network hashrate declined modestly in the first two weeks of October, dropping 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan (JPM) said in a report Thursday. The pullback in the hashrate follows the successive record highs seen in August and September. U.S.-listed miners that the bank tracks now account for around 38% of the global network. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of- ...