Bitcoin

According to <a href="https://ultramining.com/news/en/impending-bitcoin-halving-may-trigger-major-hashrate-decline-say-experts/" rel="noopener noreferrer nofollow">Hashrate</a> Index, the spot <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 reached $43.67, marking a significant figure for <a href="https://ultramining.com/news/en/russias-bitcoin-gold-rush-mining-machine-influx-outpaces-rest-of-the-world/" rel="noopener noreferrer nofollow">Bitcoin miners</a>. Additionally, a mining difficulty decrease of 5.06% is expected within the next 27 hours, which could enhance mining profitability.
The reduction in mining difficulty comes after several periods of increases, during which the total Bitcoin network <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/" rel="noopener noreferrer nofollow">hash rate</a> reached record levels. The decreased difficulty will allow miners to find blocks more quickly, which, combined with the current hashprice, may lead to increased profits.
Experts note that such changes in difficulty and hashprice create favorable conditions for miners, especially those using energy-efficient equipment. However, they also caution about market volatility and the need for careful monitoring of key metrics.

Hashprice Reaches $43.67; Mining Difficulty Expected to Decrease by 5%

Ultramining_Eng

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