#BTCHashratePeak The price of Bitcoin hash rose from approximately $54 per petahash per second (PH/s) as of June 27 to a monthly peak close to $64 PH/s by July 10 — this is a remarkable rise for the month. But this increase did not last long. After the spike, there was a drop and several moderate fluctuations between $58 and $62 PH/s.

Since mid-July, the hash price has mostly stabilized, drifting slightly below $60 PH/s with only minor turbulence. Blocks are now being mined faster than the standard 10-minute target, averaging 9 minutes and 44 seconds.