The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop

https://ift.tt/Y9u1c7B
Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash. Despite the modest rebound, the network’s total hashrate has experienced a decrease, with a […]

from Bitcoin News https://ift.tt/PetA2Xl