menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitcoin Ha...
source image

Coindoo

2w

read

274

img
dot

Image Credit: Coindoo

Bitcoin Hashrate Sees Fastest Drop in Years Despite Price Surge

  • Bitcoin has experienced a significant drop in hashrate, the fastest in years, despite the price surge above $100,000.
  • The decline in hashrate raises concerns about the economic pressure on miners post-halving, as block rewards decrease and electricity costs remain high.
  • This trend may indicate growing miner consolidation, strained margins, or structural changes in the mining sector.
  • The disconnect between Bitcoin's price and hashrate suggests a new phase where mining becomes more competitive and capital-intensive.
  • The article is eligible for a web story.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app