1Bitcoiner.com on Nostr: 4 Aug 24 - ⚡️Bitcoin’s hashrate dropped from 677 EH/s on July 25 to 629 EH/s on ...
4 Aug 24 - ⚡️Bitcoin’s hashrate dropped from 677 EH/s on July 25 to 629 EH/s on Aug. 4. Mining revenue hit record lows due to increased difficulty and BTC’s price falling below $61K. Monthly fees plunged 75% in July, with 48 EH/s exiting since July 25. Miners face tough times as the hashprice hit a record low of $42.78 per PH/s on Aug. 4, 2024.
Published at
2024-08-04 15:47:29Event JSON
{
"id": "d4457397bc6d0e1dd5393740c3cb2b6a1ac3b4f675a41fa4e713be5496bad2ee",
"pubkey": "2036408a130912e2b0317226ecc4ded647c4bc99215e2a01570027870d266b02",
"created_at": 1722786449,
"kind": 1,
"tags": [],
"content": "4 Aug 24 - ⚡️Bitcoin’s hashrate dropped from 677 EH/s on July 25 to 629 EH/s on Aug. 4. Mining revenue hit record lows due to increased difficulty and BTC’s price falling below $61K. Monthly fees plunged 75% in July, with 48 EH/s exiting since July 25. Miners face tough times as the hashprice hit a record low of $42.78 per PH/s on Aug. 4, 2024.",
"sig": "3c76a3d30de9064215a3b81dc909b2cc099eaa843f87c1c628fa18be171e98c1bc0dcbd8f4d0f24075170aebb74afcca21ffd6fa9c1ce7e84d215bf48fa185b3"
}
