Bitcoin's hash rate has dropped below 900 EH/s, Hashprice has decreased by 11.65% in the past 30 days
In the past 30 days, **Bitcoin's Hashprice (estimated income per PH/s of hash rate)** has decreased by 11.65%, currently at $56.74/PH/s, significantly down from the peak of $64.22 on July 11.
As of August 3, the total hash rate of the Bitcoin network has also dropped by 4.75% in just 8 days, falling to 898.20 EH/s, a decrease of 44.8 EH/s from recent highs, and it has fallen below the 900 EH/s mark for the first time.
The main factors contributing to this adjustment include:
At block height 907200, mining difficulty was increased by 1.07%, reaching 1.2762 trillion;
The price of Bitcoin has decreased by 4.1% in the past week;
The current average block time is 10 minutes and 11 seconds, suggesting that the difficulty adjustment scheduled for August 9 may be revised downwards.
As mining profit margins continue to compress, miners may need to re-optimize their operational strategies. Small mining enterprises are under greater pressure, while larger miners with advantages in cost, power, and strategy may stand out.