FeesSafety
Pluang+

Bitcoin mining power surpasses one zettahash as competition strengthens again

Market News
07 Nov 2026, 17:00 WIB
NewsBTC
View Source
Neutral
Bitcoin mining power surpasses one zettahash as competition strengthens again

Bitcoin's total mining hashrate has rebounded above one zettahash over the past week, signaling renewed strength in the network's mining competition. This recovery suggests that recent exits by some mining companies do not indicate an overall decline in Bitcoin mining activity. The increase in hashrate reflects growing miner confidence and could support network security and transaction processing speed going forward.

BitFuFu's October Bitcoin mining output is the subject, with Pluang market data providing context. As of Nov 07, 2026 22:02 WIB, 12 of 50 major cryptocurrencies rose and 37 fell on Pluang. Notable movers include VET at Rp97 with a 3.90% drop, COTI at Rp169 down 3.86%, and EGLD at Rp57,006 down 3.83%.

More News

Shiba Inu price drops 18.7% in October; German tax rules affect loss recognition from Nov 2, 2026.

Shiba Inu price drops 18.7% in October; German tax rules affect loss recognition from Nov 2, 2026.

Shiba Inu (SHIB) closed October at $0.00000468, down 18.7% for the month and 53.3% from November 1, 2025. In Germany, the one-year holding period for tax-free sales expires on November 2, 2026, meaning losses on SHIB bought on November 1, 2025, can n...

Market News
Bearish
5 hours ago
XRP Ledger plans 24 upgrades with $5.74M costs, focusing on lending and derivatives for 2027.

XRP Ledger plans 24 upgrades with $5.74M costs, focusing on lending and derivatives for 2027.

The XRP Ledger Foundation has outlined 24 proposed and approved protocol upgrades for 2027, estimating implementation costs up to $5.74 million excluding development labor. Key features include collateralized lending, perpetual futures, smart contrac...

Protocol Fundamentals
Bullish
5 hours ago
China bans Solana promotion, but SOL price holds near $90 support level.

China bans Solana promotion, but SOL price holds near $90 support level.

China's central bank declared Solana's promotion in Shanghai illegal, halting the Solana Accelerate China 2026 tour and investigating involved Chinese service providers. Despite this, Solana's price remains steady around $90, just above its 200-day m...

Market News
Bearish
5 hours ago
Fair Isaac Corp faces risks from regulatory changes that could hurt mortgage credit scoring revenue.

Fair Isaac Corp faces risks from regulatory changes that could hurt mortgage credit scoring revenue.

Fair Isaac Corporation (FICO) is rated as a Hold due to regulatory risks that threaten its pricing power and volume in mortgage credit scoring. While Q4 FY2026 showed strong free cash flow, much of it came from mortgage price hikes that may not be su...

Market News
Bearish
5 hours ago
TSMC shares jump 6% on report it may start making memory chips for Nvidia.

TSMC shares jump 6% on report it may start making memory chips for Nvidia.

Shares of Taiwan Semiconductor Manufacturing Company (TSMC) rose 6.26% after reports that it might begin producing vertically stacked DRAM memory chips for Nvidia, its top customer. Neither company has confirmed the plans, and TSMC has not announced ...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App