GLASSNODE:BTC_HASHRATE
Bitcoin: The average estimated number of hashes per second produced by the miners in the network
I paid attention to the Bitcoin Network Hashrate.
It seems that the fall has not even passed into the active phase.
Industrial private miners are still hoping for price recovery and do not turn off their equipment.
People bought many ASIC miners for tons of credit money.
BTC Hashrate = -27% after the shutdown of miners in Texas.
Best regards EXCAVO
It seems that the fall has not even passed into the active phase.
Industrial private miners are still hoping for price recovery and do not turn off their equipment.
People bought many ASIC miners for tons of credit money.
BTC Hashrate = -27% after the shutdown of miners in Texas.
Best regards EXCAVO
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More info
partner.bybit.com/b/excavo
t.me/excavo - admin
t.me/excavonews
t.me/excavochannel
The average BTC mining cost has dropped to ~$13,000 (previously it was ~$24,000) . This can create additional pressure on the market, as it has become more profitable for miners to fix their positions.