Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Spot Ethereum ETFs Could See Explosive Growth in H2 2025, Says Bitwise CIO

05/07/2025

Tom Lee Mulls Roughed-Up Semler Scientific for ‘Granny Shot’ Portfolio

05/07/2025

2,000,000 LINK in Minutes: What’s Going On?

05/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Strategy stock price moves into a correction: will it rebound?

    05/07/2025

    $113k in sight if rare harmonic pattern completes

    05/07/2025

    Conor McGregor calls for Bitcoin strategy in Ireland

    05/07/2025

    Asia De-Dollarizes, Moves Toward Yuan, Gold, and Bitcoin as a Strategic Hedge

    05/07/2025

    Spot Ethereum ETFs Could See Explosive Growth in H2 2025, Says Bitwise CIO

    05/07/2025

    Whale Bets Against ETH With 10x Leverage After Major Long Liquidation

    05/07/2025

    BlackRock Purchases Over 22,000 Ethereum Tokens Valued at $54.8 Million

    05/07/2025

    Ethereum-linked stocks jumped as companies shifted reserves from bitcoin to ETH

    05/07/2025

    2,000,000 LINK in Minutes: What’s Going On?

    05/07/2025

    “You Can’t Force People to Choose You,” Shiba Inu Team Insists on Growth and Improvement

    05/07/2025

    VeChain’s Revolutionary Renaissance Update Set to Launch in July 2025: What’s New for $VET?

    05/07/2025

    What Crypto Whales are Buying Ahead of the TRUMP Dinner

    05/07/2025

    You Can Buy a Martian Meteorite With Bitcoin—If You Have Upwards of $4 Million

    04/07/2025

    Cheaper NFTs Mean Sales Are Surging, But Trading Volume is Plummeting: DappRadar

    04/07/2025

    Chimpers Expands Into NFT-Linked Blind Box Collectibles

    04/07/2025

    Art Blocks’ PostParams Enable a New Medium for Generative Art

    03/07/2025

    Spot Ethereum ETFs Could See Explosive Growth in H2 2025, Says Bitwise CIO

    05/07/2025

    Tom Lee Mulls Roughed-Up Semler Scientific for ‘Granny Shot’ Portfolio

    05/07/2025

    2,000,000 LINK in Minutes: What’s Going On?

    05/07/2025

    Bitcoin Tax Exemptions May Be Coming After All—In New Senate Bill

    05/07/2025
  • Blockchain

    AGI Open Network Collaborates with Unmarshal to Incorporate Efficient AI Agents for Web3

    04/07/2025

    Circle Rolls Out Circle Gateway to Simplify USDC Cross‑Chain Use

    04/07/2025

    Zoro and AgentsGPT Partner to Advance the Future of Tokenized AI Agents

    04/07/2025

    Ice Open Network Teams Up with Uphold to Bridge Institutional Finance and Web3

    04/07/2025

    Kima Network Taps 8lends to Innovate Cross-Chain Decentralized Lending

    04/07/2025
  • DeFi

    ‘If I lose, DeFi dies with me:’ Tornado Cash co-founder doubles down on innocence ahead of trial

    05/07/2025

    Ethereum DeFi Project Ondo Aims to Take on Robinhood With Jump Into Tokenized Stocks

    05/07/2025

    Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm

    04/07/2025

    Solana captures 95% of tokenized stock trading volume in massive DeFi pivot

    04/07/2025

    DeFi Enters New Era as Injective Debuts High-Speed Testnet Making it the Only L1 With Unified VM Layer

    04/07/2025
  • Metaverse

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025

    Mark Zuckerberg Unveils New Meta AI Lab After Poaching OpenAI Talent

    01/07/2025

    Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test

    28/06/2025

    Meta and OpenAI Use of Copyrighted Books for Training AI Was Fair Use: Federal Judge

    26/06/2025

    How to Get Your Chatbot to Talk Dirty

    18/06/2025
  • Regulation

    Tom Lee Mulls Roughed-Up Semler Scientific for ‘Granny Shot’ Portfolio

    05/07/2025

    U.S. Treasury Secretary Bessent Testifies Before the House of Representatives – Discusses U.S.-China Tariff Agreement

    05/07/2025

    DWF Labs’ Andrei Grachev Challenges Near Protocol to Cut Inflation of NEAR By 50% To Attract More Investment 

    05/07/2025

    SEC Rejects DeFi Firm’s $1 Billion Bid to Become ‘Solana’s MicroStrategy’

    05/07/2025

    Strong Uptake at 10-Year U.S. Debt Sale Eases Demand Concerns, 30-Year Sale’s Up Next

    05/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Crypto needs more no-fee, open-source payment tools

    05/07/2025

    Gate and xStocks Forge Alliance to Unleash World’s First Tokenized Futures Market

    05/07/2025

    A Big Strategic Move Towards Secure, Decentralized Communication

    05/07/2025

    FTX Repayment Blocked in 49 Regions Due to Crypto Restrictions

    05/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Neural Expands to Solana with AI Game Creation Tools and Multi-Chain Support

    05/07/2025

    HeLa Space and Onmi Upgrade AR Gaming Experience with Web3 Adventure

    04/07/2025

    WizoLayer Partners with KingdomStarter to Revolutionize Web3 Gaming and DeFi

    04/07/2025

    PlayZap Games Joins Forces with DeFi Cattos to Offer Cutting-Edge Gaming via Aptos

    04/07/2025

    World Famous E-Sports Giant Announces It Will Enter Bitcoin Mining Industry! Here Are the Details

    05/07/2025

    President Putin blames energy deficits for the creeping ban on crypto mining across Russia

    05/07/2025

    Esports Giant Ninjas in Pyjamas Buys Bitcoin Miners, Expects Monthly Production of $6.5M in BTC

    04/07/2025

    Tether and Adecoagro join forces for sustainable Bitcoin mining

    04/07/2025

    Bitcoin Tax Exemptions May Be Coming After All—In New Senate Bill

    05/07/2025

    U.S. House Declares Mid-July “Crypto Week” as Key Bills Head for Vote

    05/07/2025

    IMF warns that Trump’s tax bill will make debt reduction difficult in the medium term

    05/07/2025

    Detroit Sues Crypto Real Estate Platform Over Safety, Health Violations

    05/07/2025

    Spot Ethereum ETFs Could See Explosive Growth in H2 2025, Says Bitwise CIO

    05/07/2025

    Tom Lee Mulls Roughed-Up Semler Scientific for ‘Granny Shot’ Portfolio

    05/07/2025

    2,000,000 LINK in Minutes: What’s Going On?

    05/07/2025

    Bitcoin Tax Exemptions May Be Coming After All—In New Senate Bill

    05/07/2025
  • MarketCap
NBTC News
Home»Mining»Anticipating Changes in Network Difficulty
Mining

Anticipating Changes in Network Difficulty

NBTCBy NBTC12/04/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Institutional Bitcoin data provider Block Scholes anticipates a novel impact from next week’s Bitcoin halving on the network’s performance. The company believes that it may lead to an immediate drop in the network’s hash rate by roughly 25% within the first two weeks. The firm predicts this event will have a unique effect on the network compared to previous years, particularly in how quickly the difficulty adjusts post-halving.

Eamonn Gashier, Founder and CEO of Block Scholes, highlighted that the total block reward, in terms of both Bitcoin and USD, typically rebounds to pre-halving levels months after the event despite an immediate reduction in rewards. “There will be 672 blocks after the halving — block 840,000 — before difficulty is adjusted, marking the shortest wait time miners have faced post-halving for a difficulty adjustment,” said Gashier. He also noted that a more substantial drop in hash rate is anticipated shortly after the halving, potentially taking longer to recover due to the largest dollar-denominated impact on miner revenue ever seen, combined with the wait time for a significant difficulty adjustment.

In the longer term, Block Scholes expects the hash rate to continue its exponential growth, albeit at a slower pace. This forecast is based on the high miner rewards and eventual adjustments in mining difficulty to compensate for the reduced block reward.

CleanSpark commits to 100k more S21 Pro Miners.

Meanwhile, CleanSpark Inc. has significantly advanced its mining capabilities, achieving a new high of over 17 exahashes per second (EH/s) as its recently acquired data center in Dalton, GA, comes online. The company also exercised an option to upgrade and purchase 100,000 Bitmain S21 Pros, increasing its total purchased hash rate by 17% to 23.4 EH/s.

This strategic move by CleanSpark, as detailed by CEO Zach Bradford, is aimed at enhancing efficiency ahead of the halving. “Efficiency is the most important variable as we head into the halving,” said Bradford. The upgrade to the S21 Pro model, which operates at 15 joules per terahash, represents a 14% improvement in efficiency over the S21 model. The company stated that this increase in efficiency supports the broader Bitcoin network by potentially increasing the company’s market share post-halving while reducing overall network energy consumption.

With the halving days away, both CleanSpark and the broader Bitcoin mining industry may face significant shifts with unprecedented price discovery for this time in a Bitcoin cycle.

Mentioned in this article

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

World Famous E-Sports Giant Announces It Will Enter Bitcoin Mining Industry! Here Are the Details

05/07/2025

President Putin blames energy deficits for the creeping ban on crypto mining across Russia

05/07/2025

Esports Giant Ninjas in Pyjamas Buys Bitcoin Miners, Expects Monthly Production of $6.5M in BTC

04/07/2025

Tether and Adecoagro join forces for sustainable Bitcoin mining

04/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Spot Ethereum ETFs Could See Explosive Growth in H2 2025, Says Bitwise CIO

05/07/2025

Tom Lee Mulls Roughed-Up Semler Scientific for ‘Granny Shot’ Portfolio

05/07/2025

2,000,000 LINK in Minutes: What’s Going On?

05/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.