November 22, 2024

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Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit

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Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings HitFollowing a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing too substantial yet, following the completion of […]