Bitcoin mining difficulty decreased by 4%

As a result of the next recalculation, the difficulty of mining the first cryptocurrency decreased by 3.9%. The indicator dropped to 70.3 T.

The average hashrate for the period since the previous value change was 484.17 EH/s. The range between blocks is almost 10.5 minutes.

According to Glassnode, On January 20, the smoothed 7-day moving average reached 469 EH/s. At the time of writing it is 471 EH/s.

According to Hashrate Index, hashprice is $80.4 per PH.

Earlier, CoinShares assessed the prospects for Bitcoin miners after the halving. Analysts believe that only Bitfarms, Iris, CleanSpark, TeraWulf and Cormint will be able to continue operating profitably.

In January, Bitcoin's hashrate dropped by 33% in a few days amid cold weather in Texas, which led to local miners being disconnected from the power grid.

Source: Cryptocurrency

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