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The Bitcoin revenue per terahash is nearing record lows.
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Bitcoin network hash rate soaring as it tops 414 EH/s.
Bitcoin mining revenue has slid down at nearly a “never seen” level since the collapse of a well-known crypto exchange, FTX, in November last year. On the other hand, the hash rate climbed upwards and reached new highs. On the other hand, the Bitcoin miners seem like they are struggling to stay afloat in between plummeting profitability.
It must be noted that Bitcoin mining revenue or hash price is a measure of dollars earned per TH/s per day.
Bitcoin Network Update
In the Bitcoin network, the hash rate topped 414 exahashes per second (EH/s) on August 18, 2023, Friday, which marked a new peak for the metric. This upside mark has seen the network hash rate soaring over 50% from what it was at the beginning of this year. Also, it was 80% over the past 12 months, as the data from Blockchain.com, a cryptocurrency financial services company
We współpracy z: https://www.thecoinrepublic.com/2023/08/28/bitcoin-mining-revenue-slides-as-hashrate-following-upside-path/
