![There will be a violent washout of Bitcoin next. Don't buy the bottom too early. It won't stretch quickly in the short term. What you need to do now is to wait patiently for a good buying position, keep your bullets, and don't get hung up on it. When you buy the bottom, you will run out of bullets! Bitcoin market analysis [Issue 725]](/uploads/2026/08/23/cryptocurrencies-news/videos/origin_6a8afd33c749f_image_500_375.webp "There will be a violent washout of Bitcoin next. Don't buy the bottom too early. It won't stretch quickly in the short term. What you need to do now is to wait patiently for a good buying position, keep your bullets, and don't get hung up on it. When you buy the bottom, you will run out of bullets! Bitcoin market analysis [Issue 725]")
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Cryptocurrency News Articles
Core Weave IPO Cut in Half as Hash Rate Approaches 850 EH/s
Mar 28, 2025 at 11:37 pm
This week, we dive into Bitcoin's difficulty adjustments with hash rate approaching 850 EH/s while miners face compressed hash prices at $48.63.
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Welcome back to The Mining Pod! This week, we delve into the implications of Bitcoin's upcoming difficulty adjustment, which is expected to see a 5.6 percent rise. This comes as hash rate soars to nearly 850 EH/s, pushing hash prices down to $48.63.
Meanwhile, Core Weave has slashed its IPO to $1.5 billion from $4 billion amid market skepticism towards the company's ambitions. In other news, Crusoe is selling all of its mining operations to NYDIG, while Riot has tabled a $185 million offer for Rhodium's Rockdale assets.
And finally, in a moment of ironic coincidence, anti-Ordinals platform Ocean Mining will be processing transactions for Taproot Wizards. Join us as we provide expert analysis on the evolving mining and AI compute landscapes.
# Notes:
* Difficulty adjustment estimated at 5.6 percent
* Hash prices at $48.63 per hash per day
* Network hash rate approaching 850 EH/s
* Core Weave IPO reduced to $1.5 billion from $4 billion
* Riot offering $185 million for Rhodium assets
* Crusoe selling all mining operations to NYDIG
"The Mining Pod" is produced by Sunnyside Honey Inc with Senior Producer Damien Somerset.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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