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WebsCrypto—News—Bitcoin Hash Rate Unaffected by Slump in Miner Profits
News

Bitcoin Hash Rate Unaffected by Slump in Miner Profits

By WebsCryptoJuly 3, 20221 Min Read
Bitcoin Hash Rate Unaffected by Slump in Miner Profits
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Even though Bitcoin’s fiat value has fallen by more than 70% from its November 2021 all-time high, the price drop has made miners less profitable based on the equipment they operate.

Despite the slump in miner profits, Bitcoin’s hash rate has been hovering at a high of 180 exahash per second (EH/s) to 261 EH/s.

After three days or more than 600 blocks, Bitcoin’s next difficulty adjustment is also estimated to increase by 0.3%.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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