Despite a modest increase of 1.4% in Bitcoin mining difficulty, the Bitcoin mining hash price (the amount of revenue a miner earns per day mining blocks per unit of hash power) remained at around $48 per hash per second (PH/s).
Data from CoinWarz shows that on March 23, at block 889,081, the difficulty of bitcoin mining climbed to 113.76 trillion, higher than the difficulty of the previous cycle 112.10 trillion. According to TheMinerMag, a hash price below $50 can cause financial stress for miners running older hardware such as Antminer S19 XP and S19 Pro.
Older hardware, combined with falling network transaction fees, could push some miners into an unprofitable position - forcing them to shut down their hardware until they upgrade application-specific integrated circuits (ASICs) or network conditions change.
Report: Despite the increasing difficulty of bitcoin mining, the mining hash price remains stable
2025-03-23 19:11:06
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