Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Analysis: Bitcoin’s computing power hits a record high, but profitability drops sharply in the past week

Analysis: Bitcoin’s computing power hits a record high, but profitability drops sharply in the past week

CointimeCointime2023/12/26 06:16
By:Cointime

According to Blockchain.com, Bitcoin's computing power reached a historical high of 544 EH/s on December 25th. Bitinfocharts also confirmed this, and computing power has risen by 130% since January. As the popularity of BRC-20 declines, the profitability indicator Hash price has fallen in the past week. Since reaching a high of 0.136/TH/s/d on December 17th, 2023, Hash price has fallen by 34%. (Cointelegraph)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DEBIT: Trade to share 45,000 USDT

Bitget Announcement2026/09/01 13:00

Bitget Will Support the BounceBit (BB) Contract Swap

Bitget Announcement2026/09/01 08:00

Hold USDGO for dual perks, earn up to 30%+ APR!

Bitget Announcement2026/09/01 02:00