May 1, 2024

Bitcoin hash after halving the reward fell 16%

The Bitcoin network hashrate has dropped noticeably after the miner reward was halved, but the trend will become clearernot soon.

According to analysts at The Block,Bitcoin miners' daily profit fell by about 44%. Now, all miners do not have $ 16.1 million, but $ 9 million per day at the current bitcoin exchange rate, which today exceeded $ 9,000.

Deprecated ASIC miners like Antminer S9,now turned out to be unprofitable, at least at the current rate. More recent devices, such as the Antminer S17 and Whatsminer M30S, remain profitable.

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The total hashrate of the first cryptocurrency network in the firsthours after halving decreased from 122 exams per second to 102 eh / s. Of the four largest bitcoin mining pools (F2Pool, Poolin, Antpool, BTC.com), the hashrate decreased the most on the Poolin pool. He lost about 30% of the hashrate. But BTC.com lost only about 10%.

Blocks were mined a little longer that day -the average block production time was 10 minutes 32 seconds. Five days later, a change in the complexity of mining Bitcoin is expected, and the time for mining blocks will be adjusted. Given the failure of the hashrate, mining complexity may decrease by a few percent, but only the next few recounts will show the trend more clearly.

Interestingly, more recently, bitcoin hashrateset a new record, reaching 142 eh / s, that is, a drop from the maximum reaches almost 40%. On the other hand, short-term peaks are explained by a more random factor than a real change in connected capacities. Hash rate hikes and difficulties in the coming weeks could become even more significant.

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