Bitcoin recently dipped below 100,000 USD, reaching a low of 91,530 USD. Despite this price drop, the network’s hashrate surged to an all-time high of 840 EH/s, reflecting strong computational power in the face of market challenges.
Correspondingly, mining revenue fell to 58.19 USD per daily PH/s. As mining difficulty eases, average block intervals have reduced to 9 minutes and 17 seconds. However, expectations for a 7.59% difficulty increase on February 8, 2025, could change the current landscape.
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