As a result of another recalculation, the complexity of mining the first cryptocurrency decreased immediately by 5% to 79.5 T.
Data: BTC .com.The average hashrate for the period since the previous change was 568.75 EH/s, the interval between blocks increased to 10.5 minutes.
According to Glassnode, the smoothed 7-day moving average of the network's computing power has decreased to 580 EH/s. The value fell by 11.5% from the peak reached in May at 656 EH/s.
Data: Glassnode.According to the Hashrate Index, as of July 4, the hash price was $44.9 per PH/day. The value is close to the historically minimum values recorded in May.
Data: Hashrate Index.In recent weeks, a number of experts like online analyst Ali Martinez and CryptoQuant specialists have announced the surrender of miners. Cryptocurrency miners turn off equipment that has become unprofitable after the April halving and sell bitcoin reserves to maintain operations.
The Hash Ribbons indicator also signaled this. Its creator, the founder of Capriole Investments, Charles Edwards, noted that the surrender of miners is accompanied by a drop in price, historically providing an opportunity for profitable purchase of cryptocurrencies.
Recall that Glassnode analyst James Check disagreed with such opinions, pointing out that about 5% of capacities are experiencing difficulties, and there is no total sale.