📉 On May 4, due to another difficulty recalibration, mining difficulty $BTC decreased to 119.12 T — a drop of −3.34%. This is a rare decrease amid stable growth in recent months.
🔧 The average hashrate over the period was 885.12 EH/s, according to Glassnode (7-day MA — 886 EH/s).
📈 Hashprice Index from Hashrate Index shows:
🔴 After the difficulty decrease, miner profitability sharply increased,
🔴 Hashprice has risen above $50 per PH/day, reaching monthly highs.
📊 Overall picture:
🔴 Despite the difficulty correction, the hashrate remains at historical highs,
🔴 Increased miner activity may be related to high BTC prices and expectations of further growth.
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