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Bitcoin's hash rate has reached a record 946 EH/s, but miners' profits continue to shrink

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2025-06-14 17:23:55
Bitcoin's hash rate hit a new milestone on June 14, peaking at 946 exahash per second (EH/s) as calculated by the seven-day simple moving average (SMA). The previous all-time high (ATH) came on May 31, when the network hash rate reached 943 EH/s. As of 8 a.m. Eastern on Saturday, the hash rate had reached 944.84 EH/s.
At the same time, mining revenues have declined compared to the levels of 30 days ago, with the hash price slipping from a daily gain of $55.53 per gigahertz/second (PH/s) on May 14 to the current $52.92 per gigahertz/second. In the last 24 hours, miners received an average of 3.17 from block subsidies and transaction fees, Bitcoin, of which transaction fees accounted for only 1.32% of total revenue.
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