Tag: Capacity

Lightning Network Sheds 820 BTC in 37 Days—Lowest Capacity Since 2023

coiner

According to recent metrics, bitcoin ( BTC) held in the Lightning Network, a payment-oriented layer two (L2) protocol, has declined sharply over the past 37 days. Lightning Network’s $69M Drain The network’s capacity—the total BTC locked in its channels—now sits at 4,550 BTC, the smallest amount since September 2023, according to data collected by theblock.co. […] Source link

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CleanSpark Acquires Two Bitcoin Mining Campuses, Allowing For Expansion Of Hash Rate And Mining Capacity

coiner

CleanSpark Inc., a prominent Bitcoin mining company, has announced its plans to acquire two turnkey bitcoin mining campuses in Dalton, Georgia, for $9.3 million in an all-cash deal. The facilities are expected to contribute nearly 1 exahash per second (EH/s) to CleanSpark’s hash rate, boosting its mining capabilities. The acquisition aligns with the company’s goal of reaching 16 EH/s by the end of the year. According to a press release shared with Bitcoin Magazine, CleanSpark’s purchase will allow for the hosting of over 6,000 of the latest and most power-efficient…

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