Bitcoin hash for the first time since the beginning of May exceeded 126 EH / s
The amount of computing power used to mine bitcoin returns to the level recorded on the eve of the May halving (reduction in the reward of miners).
Recall that before this event, the BTC hash rate reached 137.5 exhaust per second (EH / s). Almost immediately after the halving, the activity of the miners began to decline, as their income decreased from 12.5 to 6.25 BTC for block mining.
Already on May 23, the amount of computing power was not more than 84 EH / s. This is evidenced by the data of the BitinfoCharts service.
At the same time, there is a decrease in the complexity of bitcoin mining.
Researchers at the Glassnode team recorded a record drop in mining difficulty on June 4. This is the seventh negative adjustment of complexity in the history of bitcoin and the fourth drop this year, it amounted to 9.29%.
It has become easier to mine bitcoin, so miners have again increased their computing power. On the night of June 8, the hash rate exceeded 126 EH / s. Now, this figure has reached 126.5 EH / s.
Glassnode analysts also found that now about eight blocks are mined every hour on the Bitcoin network. This is the highest figure since June 2019.
The Bitcoin exchange rate today is just above $ 9,700. The capitalization of the largest cryptocurrency came close to $ 180 billion.
The amount of computing power used to mine bitcoin returns to the level recorded on the eve of the May halving (reduction in the reward of miners).
Recall that before this event, the BTC hash rate reached 137.5 exhaust per second (EH / s). Almost immediately after the halving, the activity of the miners began to decline, as their income decreased from 12.5 to 6.25 BTC for block mining.
Already on May 23, the amount of computing power was not more than 84 EH / s. This is evidenced by the data of the BitinfoCharts service.
At the same time, there is a decrease in the complexity of bitcoin mining.
Researchers at the Glassnode team recorded a record drop in mining difficulty on June 4. This is the seventh negative adjustment of complexity in the history of bitcoin and the fourth drop this year, it amounted to 9.29%.
It has become easier to mine bitcoin, so miners have again increased their computing power. On the night of June 8, the hash rate exceeded 126 EH / s. Now, this figure has reached 126.5 EH / s.
Glassnode analysts also found that now about eight blocks are mined every hour on the Bitcoin network. This is the highest figure since June 2019.
The Bitcoin exchange rate today is just above $ 9,700. The capitalization of the largest cryptocurrency came close to $ 180 billion.