Boost

Bitcoin

Over the past 30 days, the Bitcoin <a href="https://ultramining.com/news/en/bitcoins-rebound-above-30k-boosts-hashprice-a-4-leap-in-24-hours/" rel="noopener noreferrer nofollow">hashprice</a> has increased by 10.33%, offering miners a much-needed boost after a sluggish September. Notably, 8.93% of this growth occurred in the last four days, indicating positive momentum in the industry. Hashprice, reflecting the estimated daily earnings from 1 PH/s of mining power, rose from $42.98 to $47.42. The increase is attributed to <a href="https://ultramining.com/news/en/impending-bitcoin-halving-may-trigger-major-hashrate-decline-say-experts/" rel="noopener noreferrer nofollow">Bitcoin's price</a> rise and a 4.6% decrease in mining difficulty on September 25. Experts note that this uptick in profitability may attract new participants to mining and improve the financial performance of existing miners.

Bitcoin Hashprice Increases by 10.33% Over the Last Month, Providing Miners with a Much-Needed Boost

Ultramining_Eng

Other articles published on Sep 30, 2024

Surprising Prediction from Prominent CEO: Bitcoin to Reach This Peak in the Current Cycle!

Here’s Why Bitcoin, ETH, BNB, SHIB Prices Falling Sharply

Fed Signals Economic Stability; Market Watches Closely

Bitcoin All-Time High in 2024? Polymarket Gives It a 61% Shot, $100K Price Target at 17%

Ethereum Surges Despite Large Investor Sell-Offs

SuperEx丨Continuous Market Optimism: Interest Rate Cuts, CZ’s Early Release, Crypto Payments — Is ...

Join our free newsletter for daily crypto updates!