Bitcoin mining hashprice stays flat despite higher difficulty: Report

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The story "Bitcoin mining hashprice stays flat despite higher difficulty: Report" was covered 2 days ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph 2d ago

Bitcoin mining hashprice stays flat despite higher difficulty: Report - Coin Telegraph

Quick Summary:

Source: CoinWarzRelated: SEC says proof-of-work mining does not constitute securities dealingMiners have a rough start to 2025Research from financial services firm JPMorgan shows that publicly listed Bitcoin mining companies collectively lost 22% of their share value in February 2025.

Mining firms have been struggling since the April 2024 Bitcoin halving event, which slashed the block subsidy to 3.125 BTC per block mined, generally increasing network difficulty, and the recent downturn in the crypto markets due to macroeconomic uncertainty.

The Bitcoin (BTC) mining hashprice — a miner's daily revenue per unit of hashing power expended to mine blocks — has remained constant at around $48 per petahash per second (PH/s), despite a slight 1.4% uptick in Bitcoin difficulty.