BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected

Sat. Apr 20th, 2024

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BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected

Jul 2, 2022 Robert Brown

While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending…

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Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower

Jun 18, 2022 Robert Brown

While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of…