Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
Submitted by Anonymous (not verified) on Thu, 05/16/2024 - 14:50
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice as the value of 1 petahash per second (PH/s) daily has climbed above the […]