The rally of the first cryptocurrency led to an increase hashprice by more than 37%, respectively, increasing the income of miners.
According to Hashrate Indexsince March 11, the indicator has grown from $0.061 per 1 TH/s per day to $0.083.
Another factor that positively influenced the growth of hashprice was the decrease in electricity tariffs this year.
According to Glassnodesince the beginning of the year, the hashrate of the first cryptocurrency (smoothed by a seven-day moving average) has increased from 254 EH / s to 321 EH / s – by about 26%.
According to Schultz, the company’s specialists believe that the growth of the indicator is approximately in line with the rates of deployment of already received equipment announced by the miners.
According to various estimates, the mining difficulty correlated with the hashrate will increase by 2-4% at the next recalculation around March 23. This will be the third consecutive increase that negatively affects the profitability of bitcoin mining.
Source: Cryptocurrency
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