🚨 #Bitcoin just hit a new record hashrate: 1 sextillion H/s — making the network more secure than ever.
But here’s the catch... miners are struggling.
Mining profits dropped nearly 50% in March compared to last year — thanks to the halving and low transaction fees.
Many miners are now selling more $BTC than they mined just to survive.
If fees don’t go up or #BTC price doesn’t rally soon, we could see more sell pressure or even shutdowns.