Despite a modest increase of 1.4% in Bitcoin mining difficulty, the Bitcoin mining hash price (the amount of revenue a miner earns per day mining blocks per unit of hash power) remained at around $48 per hash per second (PH/s). Data from CoinWarz shows that on March 23, at block 889,081, the difficulty of bitcoin mining climbed to 113.76 trillion, higher than the difficulty of 112.10 trillion in the previous cycle. According to TheMinerMag, a hash price below $50 would make running Antminer S...
According to Bitcoin.com News, the Bitcoin hash value has been hit hard. The hash price fell to $49.81/PH/s from $56.73 last month Miners earned $1.24 billion in February, but the situation in March is not optimistic The mining difficulty will increase by about 1.29% on March 9. Unless BTC prices or fees rise, the future will be very difficult!
Mining pool and hash rate marketplace Luxor has released a report on the state of bitcoin mining for Quarter 1 in 2024. The report argues that hash prices may have bottomed out, at least in the short term, and is expected to rise somewhat over the next five months, a prediction based on expectations of higher transaction fees or a decrease in mining difficulty. In addition, Luxor's hash rate forward trades are higher than the current spot price, also known as Contango, through October. The repor...