Markets· ★★★· bearish·

Bitcoin 7-day average hashrate falls to 915.8M TH/s as miners shed 1,530 BTC

  • —7-day BTC hashrate fell 34.86M TH/s week-over-week to 915.8M TH/s
  • —Miner reserves declined 1,530 BTC to 1.1928M BTC over Sept 20-26
  • —Puell Multiple rose 0.24 points to 1.13
  • —Hashrate hit its lowest level since September 3
Why it matters: Falling hashrate and miner reserves point to cost pressure on miners, which can affect BTC supply dynamics.
Source: TokenPost