In 2024, the Bitcoin mining industry achieved historic milestones, marked by high block space demand and a significant increase in hashrate, which grew by 56.7% to 807 EH/s. The year also saw the fourth halving, reducing miner rewards to 3.125 BTC per block, while major companies expanded through mergers and acquisitions. Predictions for 2025 include broader adoption of bitcoin treasury strategies and a network hashrate expected to exceed 1 zetahash.
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