August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the currency’s value plummet over 10% in the past 30 days. This decline in value has pulled the network’s hash price to levels reminiscent of late 2022. At present, miners receive roughly $60 daily for every petahash per second (PH/s) they produce, as indicated by the prevailing hash price.
Bitcoin’s Hash Price Tumbles to Depths Uncharted Since Late 2022
While there’s still two days left of August, data reveals miners have garnered $717.14 million, of which the subsidy accounted for a hefty $702.12 million. Back in July, the total miner earnings stood at $865.26 million, with a significant $846.04 million emerging from newly minted bitcoins.
The dip in earnings this month stems primarily from the BTC price being over 10% less than its previous month’s value. On July 29, 2023, BTC was valued at $29,355 per coin, but fast forward 30 days, and it’s just a tad below the
We współpracy z: https://news.bitcoin.com/bitcoin-miners-feel-the-pinch-10-value-drop-tanks-hash-price-in-august/
