Breaking Down Bitcoin Mining’s Biggest Year: Insights from the 2024 Report

This story was originally published on HackerNoon at: https://hackernoon.com/breaking-down-bitcoin-minings-biggest-year-insights-from-the-2024-report.

2024 marked a record-breaking year for the Bitcoin mining industry, achieving historic milestones that underscore its continued growth.

Check more stories related to web3 at: https://hackernoon.com/c/web3.
You can also check exclusive content about #blockchain, #nice-hash-news, #nicehash-announcement, #bitcoin-mining-solutions, #cryptocurrency, #report, #good-company, #mining, and more.




This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page,
and for more stories, please visit hackernoon.com.





2024 marked a record-breaking year for the Bitcoin mining industry, achieving historic milestones that underscore its continued growth and technological evolution. Miners collectively added approximately 300 EH/s to the network, shattering previous records by surpassing the 600-, 700-, and 800 EH/.s thresholds within the same year.