Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall
With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $50 and hovering just above $47 per PH/s. Declining Bitcoin Value […]
Go to Source
Author: Jamie Redman
Related posts:
- Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’
- Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
- The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
- Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s