Bitcoin Hashrate Falls by 10% in a Few Days

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Bitcoin’s price-correlated hashrate has fallen 10.25% from its peak of 234 EH/s on June 14.

At the moment, the smoothed seven-day moving average amounts to 210 EH/s, whereas the income per 1 TH/s of mining power has fallen to October 2020 levels.

Among the largest mining pools we can find Foundry USA.

Miners’ income fell in May by 22% compared to April, to $906 million.

Bitmain has recently introduced the mining device Antminer T19 Hydro with liquid cooling and a hashrate of 145 TH/s.