Bitcoin

<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> are finally getting a much-needed boost after a sluggish September. <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% over the past 30 days, with 8.93% of that growth occurring in the last four days. On August 29, 2024, hashprice was at $42.98 per PH/s per day, and today it has reached $47.42 per PH/s.
The Bitcoin network's <a href="https://ultramining.com/news/en/impending-bitcoin-halving-may-trigger-major-hashrate-decline-say-experts/" rel="noopener noreferrer nofollow">hashrate</a> is now at 631 exahashes per second (EH/s), up by 10 EH/s from 621 EH/s recorded on September 16. However, blocks are being generated slower than average, with intervals of 10 minutes and 16 seconds instead of the standard 10 minutes.
As of the end of September, miners have earned $761.79 million, compared to $851.36 million in August. To match last month's earnings, miners need to generate an additional $89.57 million in the remaining 35 hours This seems unlikely without a significant jump in <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>, which currently stands at $65,700.

Bitcoin Hashprice Jumps 10.33% This Month, 8.93% Growth in Last Four Days

Ultramining_Eng

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