{"id":80158,"date":"2023-06-13T16:25:46","date_gmt":"2023-06-13T13:25:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80158"},"modified":"2025-09-11T15:09:40","modified_gmt":"2025-09-11T12:09:40","slug":"bitcoin-hash-rate-hits-all-time-high-2","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-hash-rate-hits-all-time-high-2\/","title":{"rendered":"Bitcoin hash rate hits all-time high"},"content":{"rendered":"<p>On June 12, <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-hashrate-and-mining-difficulty-in-cryptocurrencies\">hash rate<\/a> of the Bitcoin network (smoothed over a seven-day moving average) reached a record high of 393.9 EH\/s, according to <a href=\"https:\/\/studio.glassnode.com\/metrics?a=BTC&#038;category=&#038;ema=0&#038;m=mining.HashRateMean&#038;mAvg=7&#038;mMedian=0&#038;s=1643904671&#038;u=1686528000&#038;zoom=\">Glassnode<\/a>.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/vT74d4UG44_vNEEsOfXrUgO9TSIkTJlSgu7b7QB3uyIW_ZUJzKxdjJmL6X85QiZFG_2bEaxx6RJAvFwrpxziXuSOFCn1vPAB7ZAvUgwrMhU0aVmitXA8xMB-oFmnw_z3BfF6N475Isl5vM1yxxmLG_o\" alt=\"Bitcoin hash rate hits an all-time high\"\/><figcaption>Data: Glassnode<\/figcaption><\/figure>\n<p>On May 31, the hash-rate\u2013correlated mining difficulty metric rose to a high of 51.23 T. According to <a href=\"http:\/\/btc.com\">BTC.com<\/a>, as a result of the expected recalculation within 24 hours, the metric is expected to rise by about 3% to 52.84 T.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/KiWnys4jGDBThIVcPZrN-IqWO5rWzf84k5fNZknNUbBoZsEjXrbm7IWLxAjXu2KrKu0lxqiJmBXtwV3ZKmE3Dv1wFRCAQNPhiMd0i3Xhsf7sSbGG9fuYDJbg2ELy5kULr0fVhONdSgrpkBISc7hu6bQ\" alt=\"Bitcoin hash rate hits an all-time high\"\/><figcaption>Data: <a href=\"https:\/\/data.hashrateindex.com\/network-data\/btc\">Hashrate Index<\/a>.<\/figcaption><\/figure>\n<p>The increase in difficulty amid the decline in Bitcoin price is putting pressure on miner profitability. Over the last 30 days <span data-descr=\"miner revenue per unit of hashing power\" class=\"old_tooltip\">hashprice<\/span> fell from $0.0825 to $0.0671 per TH\/s per day.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/1ldjKc46z7kiS5rFQnk-t19KLsDlw8MhYe0f45U22dqOK0bdzL650f0YvBVLE9m5ZXuIm5gKGzpfM9icbUkhGl7XJfnJdcr8wxGUHxm_zOKycO62t7Tisc-v3oOnnJ1A4zD6ozUPwdqfTo7WmEtohaU\" alt=\"Bitcoin hash rate hits an all-time high\"\/><figcaption>Data: <a href=\"https:\/\/data.hashrateindex.com\/asic-index-data\">Hashrate Index<\/a>.<\/figcaption><\/figure>\n<p>The rise in Bitcoin network hash power in recent days has occurred against a backdrop of falling prices for ASIC miners. Since late May, the price of latest-generation devices has fallen from $23.75 to $21.53 per TH\/s.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/hHETZsVI8LKk7oiTz3ZcEAoMnWbpHp5EQtvES7QKa3ZfjTMqhMP4WTdXRqGM1HcXT4V9u-jBK63hPuXgAejpk4f3K5xI3aVUbSsRExL5PSSEPjVRl-a0-GvcuFHhtYak69ziqpPXfJDhmZKMAx_sLH8\" alt=\"Bitcoin hash rate hits an all-time high\"\/><figcaption>Data: <a href=\"https:\/\/data.hashrateindex.com\/asic-index-data\">Hashrate Index<\/a>.<\/figcaption><\/figure>\n<p>As a reminder, in May miner revenue <a href=\"https:\/\/u1f987.com\/en\/news\/total-bitcoin-miners-revenue-in-may-topped-916-million\">reached $916 million<\/a>, a figure that has been rising steadily since November 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 12, the hash rate of the Bitcoin network (smoothed over a seven-day moving average) reached a record high of 393.9 EH\/s, according to Glassnode.<\/p>\n","protected":false},"author":1,"featured_media":80159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137],"class_list":["post-80158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=80158"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80158\/revisions"}],"predecessor-version":[{"id":80160,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80158\/revisions\/80160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/80159"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=80158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=80158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=80158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}