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Reading: Another record from Bitcoin! 6 percent increase in 4 days is no longer certain!
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Another record from Bitcoin! 6 percent increase in 4 days is no longer certain!
Bitcoin and BTC

Another record from Bitcoin! 6 percent increase in 4 days is no longer certain!

vitalclick
Last updated: February 4, 2025 6:23 pm
3 days ago
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Bitcoin (BTC) $98,764.7 Expressing the calculation power of mining, hashrate reached the highest level of all time. According to Glassnode’s data, Bitcoin’s seven -day average hashrate was 833 exhashsh/seconds (eh/s). 833 EH/s corresponds to a 9 percent increase compared to the recently recorded 767 EH/S level.

Increase in Bitcoin’s hashrateThe latest situation in mining revenues

Increase in Bitcoin’s hashrate

Bitcoin NetworkThe mining power, which provides the security of the safety, has been largely supported by corporate investments in the last 18 months. According to The Miner MAG, mining companies took place in April 2024 Bitcoin Block award splitting In short, the equipment had increased the purchase of equipment before the half. However, after the half -half, the mining device pre -orders decreased. Analysts predict that this can slow down the increase in hashrate.

Bitcoin mining

For those who do not know, the half of the block awards decreased by 50 percent, and as expected, mining revenues fell after the last half. However, more than 40 percent increase in hashrate level. This is mining sectorIt shows that the growth in continuing. While miners turn to more efficient equipment to compensate for the decrease in block awards, the increase in operational costs continues to push the sector.

The latest situation in mining revenues

The profitability of Bitcoin miners has largely watched in recent months. One of the main reasons for this is low trading fees. Bitcoin mempool According to the data, the average fee for a priority transaction is only 5 SAT/VB ($ 0.69). This has been recorded as one of the lowest trading fees of recent years.



The low transaction fees make it difficult for miners to generate additional income other than block awards.

In the Bitcoin network, the difficulty of mining will be re -adjusted within four days. With the expected 6 percent increase, the difficulty level is expected to reach the highest point of all time. This situation increases competition for companies that carry out mining activities and may force mines with less efficient devices. Although experts expect long -term transaction fees to replace block awards, the current market conditions delay this transition.



Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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