In January 2025, the difficulty of Bitcoin mining reached historic highs.
On the other hand, however, the growth of the hashrate has stopped. In February, however, it is recovering.
All this reveals that January was a month with mixed data regarding Bitcoin mining, while February started with a sort of return to normality.
Bitcoin mining: the current hashrate level
The variations in hashrate are what consequently generate the variations in difficulty. Therefore, it is necessary to start from here.
Taking into consideration the seven-day moving average of the daily hashrate, it is found that during the first days of January, new all-time highs were reached, above 820 Eh/s.
However, starting from January 7, there was a sharp decline.
It should be remembered that the hashrate also largely depends on the price of Bitcoin on the crypto markets, because all the miners’ earnings occur in BTC.
On January 7th, not by chance, the price of BTC suddenly dropped from $101,0
We współpracy z: https://en.cryptonomist.ch/2025/02/05/bitcoin-mining-contrasting-data-in-january/
