Analysis: Bitcoin’s computing power hits a record high, but profitability drops sharply in the past week
According to Blockchain.com, Bitcoin's computing power reached a historical high of 544 EH/s on December 25th. Bitinfocharts also confirmed this, and computing power has risen by 130% since January. As the popularity of BRC-20 declines, the profitability indicator Hash price has fallen in the past week. Since reaching a high of 0.136/TH/s/d on December 17th, 2023, Hash price has fallen by 34%. (Cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Former Celsius CEO Alex Mashinsky waive rights to bankruptcy distributions from the defunct firm
Ripple Mints 13 Million RLUSD As Market Cap Nears $500M Milestone
KindyMD Boosts Bitcoin Strategy with $51.5M Funding
KindyMD and Nakamoto Holdings secure $51.5M more in PIPE funding, raising total to $763M to support a Bitcoin treasury strategy.A Strategic Bet on BitcoinBuilding a Bitcoin-Native Future

Is Qubetics the Best Coin to Buy Today, While Bitcoin Trades at $105K and Immutable X Falls 18.56% This Week?
Qubetics advances its crypto presale as the best coin to buy today, while Bitcoin trades at $105K and Immutable X falls 18.56% this week.Qubetics Introduces Non-Custodial Multi-Chain Wallet for Maximum ControlBitcoin Trades Steady Near $105,000 as Corporate Treasury Buys ContinueImmutable X Slides 18.56% This Week, While Trading Volume Drops SharplyConclusion: Practicality and Presale Security Define the Best Coin to Buy Today

Trending news
MoreCrypto prices
More








