Markets· ★★★· bearish·

Bitcoin hashrate returns to zettahash, pressuring miner profitability

  • —Bitcoin hashrate has returned to zettahash levels above 1 ZH/s
  • —Rising compute raises competition and cuts revenue per unit of hash
  • —Operating costs determine which miners can stay profitable
Why it matters: Margin pressure could accelerate BTC selling by miners and drive industry consolidation.
#BTC
Source: CriptoNoticias
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