The Bitcoin network’s processing capacity has declined by 30% since its all-time high (ATH) on February 15, falling from 249 exahashes per second (EH/s) to 169 EH/s. Following the 4.78 percent epoch change on February 17, the network’s mining difficulty is projected to increase in four days.
In just 12 days, Bitcoin’s hashrate has dropped from 249 EH/S to 169 EH/S.
From January 13 to February 15, Bitcoin’s hashrate was at all-time highs for about 33 days in a row. The hashrate has been reduced by 30% from the 249 EH/s ATH obtained on February 15 this weekend to Sunday, February 27, 2022. At the time of writing, Bitcoin’s (BTC) network hashrate is roughly 168.14 EH/s, or 168,144,793,932,750,200,000 hashes per second (H/s) at the time of writing.
Meanwhile, while the price of bitcoin has been lower than usual, the 30-day figures reveal that the price per BTC has increased by 4.4 percent. According to onchain metrics, bitcoin mining monthly income and 7DMA revenue mining statistics are also down. The decrease in processing power speed may help to delay the next difficulty change, which is expected to rise by 1.18 percent to 27.64 trillion in four days. If the difficulty rises in four days, it will be the eighth time since November 28, 2021, that it has done so.Meanwhile, while the price of bitcoin has been lower than usual, the 30-day figures reveal that the price per BTC has increased by 4.4 percent. According to onchain metrics, bitcoin mining monthly income and 7DMA revenue mining statistics are also down. The decrease in processing power speed may help to delay the next difficulty change, which is expected to rise by 1.18 percent to 27.64 trillion in four days. If the difficulty rises in four days, it will be the eighth time since November 28, 2021, that it has done so.
Bitcoin’s hashpower falls, and the difficulty of mining BTC is expected to rise in four days.
Bitcoin’s hashpower falls, and the difficulty of mining BTC is expected to rise in four days.
The Bitcoin network’s processing capacity has declined by 30% since its all-time high (ATH) on February 15, falling from 249 exahashes per second (EH/s) to 169 EH/s. Following the 4.78 percent epoch change on February 17, the network’s mining difficulty is projected to increase in four days.
