Prețul Bitcoin Hash la minimele istorice, pe fondul profitabilității dezastruoase a minerilor

While BTC has come down from a massive bear market dump to $19,000, its network hash rate has exploded to an all-time high.

Bitcoin miners are currently earning the smallest reward relative to hash power applied in history, which has put the industry under extreme income stress. As dezvăluit by the blockchain intelligence platform, Glassnode, Bitcoin’s hash price has dropped to its lowest level of $66,500 per Exahash.

Mai multe nenorociri pentru minerii Bitcoin

Hash price essentially serves as a measurement for the daily revenue compute power hashing for a given network. The metric found some respite in the middle of Q3 as heat waves during the American summer drove a decline in the network’s hash rate. This, in turn, coincided with a slight recovery in the spot price of the crypto-asset.

The new all-time low in hash price comes as Bitcoin’s mining difficulty reached a lifetime high of 36.84 trillion after another recent increase of 3.44%. The difficulty automatically adjusts every 2,016 blocks that occur almost every two weeks. This ensures a steady pace for the transactions process on the network irrespective of the hash rate at any given time.

However, this is a blow to the miners as acute income stress in the industry continues. They are now facing more pressure to spend additional resources to execute the same amount of work. At the current costs, it is only becoming increasingly difficult for miners, with even the most efficient rigs and very competitive power rates, to break even. As a result, these entities are looking elsewhere to book profits to keep their businesses afloat.

Prețul Bitcoin obtinerea “dangerously close” to its cost of production is yet another cause of concern.

Revenue Takes a Hit

Soaring energy prices and BTC down by almost 60% year-to-date have led to disappointing revenue for miners. According to Arcane Research’s latest raportează, miners, on average, have seen revenue fall 81% from a peak in October 2021. Additionally, most public miners witnessed their gross margins plunge to a range of 30%-40% from an 80%-90% area.

„Din păcate, majoritatea minerilor de astăzi sunt, într-o măsură diferită, expuși la creșterea prețurilor la energie. Industria minieră a devenit deja aproape eradicată în Europa din cauza crizei energetice, dar minerii americani simt și ei căldura.

Prețurile energiei în SUA, unde se află o parte semnificativă a minerilor la scară industrială, au crescut considerabil și probabil că vor continua să crească pe măsură ce prețurile gazelor naturale vor crește.”