Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain pulled back the curtain on a machine delivering over a petahash per second (PH/s) with an energy use […]
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Bitcoin Is Trading Like Gold Again, Bitwise Says the Last Time Was 2020
Key TakeawaysBitwise data through Aug. 31 shows bitcoin’s 90-day gold correlation above 0.5, a level last seen in 2020.Matt Hougan...









