FeaturesHIVE, Bitdeer and Cipher Drive August Hashrate Growth Among Public Bitcoin Miners
While major bitcoin miners have paused or slowed expansions, smaller firms like HIVE, Bitdeer, Cipher, and Canaan accelerated growth in August. HIVE increased hashrate by 27.9% to 16.2 EH/s, producing 247 BTC. Bitdeer mined 335 BTC, implying a 25% hashrate growth. Cipher rose 18.4% to 15.8 EH/s, producing 236 BTC. Canaan expanded 15.7% to 6.4 EH/s, mining 98 BTC. These gains contrast with top miners' cautious stance amid high network hashrate and low fees.