The Bitcoin mining hashprice has declined by 5.91%, now at $39.31 per petahash per day, just 7% above the all-time low recorded on August 5, 2024. This decrease highlights the ongoing challenges miners face due to increasing network difficulty and lower profitability.
Despite this, competition for block rewards remains strong as the Bitcoin network's hashrate reaches new heights. This drop in hashprice is expected to prompt discussions on mining sustainability and strategies for profitability in the evolving landscape.
