According to the glassnode on Twitter, the bitcoin hash price has reached an all-time low of $66500 per piece of Exaash. The historical bottom of hash price indicates that the income of BTC miners is lower than that of hash energy.
On October 11, glassnode said on Twitter that because of the continuous growth of Internet hashing ability, Bitcoin Digitality reached a new historical high. With the improvement of hashpower, the product cost of BTC will increase, which will be difficult for miners.
Although the price of Bitcoin continues to decline, the gross profit margin of miners also decreases with the increase of BTC hash price.
In addition, data encryption experts pointed out that several macroeconomic factors harmed the income of BTC miners. The rising cost of electricity and energy in North America and Europe, incorrect energy policies, and the war between Russia and Ukraine further increased the pressure on BTC miners.
For novice Xiaobai, hashprice is the value of each enterprise's hash power allocation. The hash price should be measured in dollars per second ($/TH/s/d) per hash per day.
The rising hash rate will generally increase the BTC discovery difficulty coefficient, making the Internet more secure, which will also affect the BTC price. Although the mining hash rate has increased, the BTC is still decreasing
At the time of writing this article, the price of Bitcoin was $19382.85, up 1.22% in the past 24 hours, but down 0.52% in 7 days. BTC's trading volume was $29399202453.43, up 85.38% in the past 24 hours
