Bitcoin Hash Price Plummets Ahead of Halving

08/28 17:56

As the bitcoin halving approaches, the hash price for bitcoin has dropped significantly from its yearly high in May. Miners were earning around $127 a day per PH/s on May 8, but as of August 28, they can only expect $59 a day per PH/s. The decline in hash price is due to several factors, including an increase in bitcoin difficulty and fluctuations in the price of bitcoin.

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