Bitcoin Mining Difficulty Reaches New High

As a result of the latest recalculation, the mining complexity of the first cryptocurrency increased by 3.58%. The indicator updated its historical maximum at 92.67 T.

The average hashrate for the period since the previous change in value was 662.34 EH/s, the interblock interval was reduced to 9 minutes 40 seconds.

According to Glassnodesmoothed by a 7-day moving average, the network computing power indicator peaked at 693.9 EH/s on September 8. It has since corrected to 672.3 EH/s.

According to data Hashrate Indexagainst the backdrop of increasing mining difficulty hashprice has fallen from $41 per PH per day to $39 in the last 24 hours.

In August, the total income of miners of the first cryptocurrency amounted to $827.56 million – the lowest figure since September 2023.

Before the April halving, CoinShares experts suggested that industry participants would compensate for the reduction in mining profits, including through expansion into the AI ​​sphere.

Let us recall that miners can receive about $13.9 billion in additional revenue per year if they transfer 20% of energy consumption to high-performance computing, VanEck calculated.

According to Bernstein analysts, the potential of cryptocurrency miners in the AI ​​segment is the main reason for the interest of institutional investors in them.

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Source: Cryptocurrency

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