‘Fractal Bitcoin’ could be a boon or bane for mining
Expects to purchase 6.6 EH/s of S21 Pros at $110 million for Paraguay expansion
And debt is trending up too!
Bitcoin hashprice tumbled to record lows
11.9% difficulty adjustment?
New site expected to support additional 6.5 EH/s
And the AI camp is winning so far
Argo, Stronghold, and Bit Digital reported larger realized hashrate decline in May than bitcoin's network average
Also updating the price-hash ratio of mining pubcos
But numbers for Q2 will likely be much lower
Difficulty goes down by 6% amid hashrate shutoff
Upcoming difficulty adjustment is set to ease the network competition by about 6.2%