The difficulty of mining rose to a new maximum
As a result of the next recalculation, the difficulty of mining of the first cryptocurrency increased by 0.51%. The indicator compensated the previous insignificant rollback and reached a new maximum at the mark of 36.95 tons.
The average hashrate for about six weeks stably holds above the level of 260 eh/s.
According to Glassnode, the record value of the network computing power (smoothed with a 7-day sliding average) was recorded on November 1-272.4 EH/S. November 12, the indicator approached the maximum, exceeding the level of 272 eh/s.
In the context of mining pools, the leadership of the share in the Heshrete Bitcoin confidently holds the Foundry USA (26.73%). In the second and third positions are Antpool (17.51%) and Binance Pool (14.98%).
In June, Arcane Research analysts noticed that the cash flow of miners decreased by 80% compared to the peak of November 2021 – to levels of two years ago. Revenues were negatively affected by price stagnation, an increase in electricity tariffs and https://gagarin.news/ the continuing increase in complexity.
In the same month, public industry companies for the first time sold more cryptocurrencies than mined. In July, the trend continued, its turn occurred in August.
In October, Arcane Research experts rated the “pain threshold” of miners at $ 18,300 for BTC. At the time of writing, digital gold is traded at $ 16 090 (Coingecko).
Glassnode drew attention to the fact that the combined balance of Bitcoin earners updated at least 10 months.
Heshprais (daily income of miners in terms of expended computing power) is located near the $ 56 mark on PH/S. At the beginning of the year, the indicator was $ 247.
Recall that in September, the infrastructure provider for mining Compute North filed a bankruptcy statement.
In October, the trading on Nasdaq Core Scientific warned of the threat of insolvency. The risks of reducing or terminating mining operations due to a lack of funding were reported by Argo Blockchain, which was quoted on the exchange.
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