Leveraged MicroStrategy Markets Showcase Risk-On Like Never Before as Bitcoin Aims for Six-Digit PriceNovember 21, 2024
The difficulty of Bitcoin mining has increased by 5% as a result of the latest recalculation reaching a high of 67.96 T. The average hashrate for the period since the previous value change has reportedly stood at 486 EH/s, whereas the interval between blocks is just over 9.5 minutes. According to Glassnode, the 7-day smoothed moving average peaked at 507.1 EH/s on November 25. The Hashrate Index shows that the hash price has fallen from $80.4 per PH per day to $75 in the last 24 hours. The daily revenue of Bitcoin miners rose to around $44 million on November 12, the highest figure of the year. READThese Three Metrics Sound the Alarm of Bitcoin’s Shine Fading Away