Type to search

Bitcoin Blockchain blockchain industry cryptocurrency News

Bitcoin Hashrate Decreased by 16%

Share
Bitcoin hashrate 2020

Bitcoin hashrate decreased by about 16% after the third reduction in block rewards (halving).

Bitcoin HashrateAccording to The Block, the daily income of miners fell by about 44% after halving – from $ 16.1 million to $ 9 million. Most older miners, such as Antminer S9, are now unprofitable. Miners of the new generation – Antminer S17 and Whatsminer M30S – remain profitable. 

Bitcoin Hashrate Decrease

The hash rate decreased from ~ 122 EH/s to ~ 102 EH/s. Of the four largest mining pools (F2Pool, Poolin, Antpool, BTC.com) Poolin lost the largest share of hashrate (about 30%), while BTC.com lost the smallest – a little more than 10%.Bitcoin hashrate

The average interval between blocks increased slightly after halving – up to 10 minutes 32 seconds. The next mining difficulty adjustment will occur in 5 days. It is estimated that difficulty will be reduced by approximately 2%.

Read more about bitcoin here…

Join Bitxmi Exchange and get $10 worth of BXMI token after your first trade

Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.

Leave a Comment

Your email address will not be published. Required fields are marked *

bitcoin
Bitcoin (BTC) $ 11,904.01 1.84%
ethereum
Ethereum (ETH) $ 439.34 4.33%
ripple
XRP (XRP) $ 0.298856 2.04%
tether
Tether (USDT) $ 0.999862 0.00%
chainlink
ChainLink (LINK) $ 16.73 3.43%
bitcoin-cash
Bitcoin Cash (BCH) $ 295.81 1.52%
cardano
Cardano (ADA) $ 0.138821 0.20%
bitcoin-cash-sv
Bitcoin SV (BSV) $ 214.08 1.59%
litecoin
Litecoin (LTC) $ 57.36 2.05%
binancecoin
Binance Coin (BNB) $ 23.50 9.95%
eos
EOS (EOS) $ 3.36 8.19%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.166138 2.15%
tezos
Tezos (XTZ) $ 4.01 3.97%
stellar
Stellar (XLM) $ 0.104205 3.10%
tron
TRON (TRX) $ 0.024044 2.40%
okb
OKB (OKB) $ 5.94 5.27%
monero
Monero (XMR) $ 90.62 0.06%
cosmos
Cosmos (ATOM) $ 6.08 5.16%
vechain
VeChain (VET) $ 0.019963 0.37%
leo-token
LEO Token (LEO) $ 1.28 2.72%
usd-coin
USD Coin (USDC) $ 0.998819 0.02%
iota
IOTA (MIOTA) $ 0.403657 4.87%
huobi-token
Huobi Token (HT) $ 4.69 1.23%
neo
NEO (NEO) $ 15.08 0.70%
cdai
cDAI (CDAI) $ 0.020744 0.37%
dash
Dash (DASH) $ 92.90 1.66%
zcash
Zcash (ZEC) $ 85.08 0.25%
ethereum-classic
Ethereum Classic (ETC) $ 6.93 1.25%
havven
Synthetix Network Token (SNX) $ 6.88 31.51%
maker
Maker (MKR) $ 706.31 3.35%
compound-governance-token
Compound (COMP) $ 197.94 4.87%
ethlend
Aave (LEND) $ 0.488893 17.45%
nem
NEM (XEM) $ 0.062536 2.03%
ontology
Ontology (ONT) $ 0.816126 0.13%
algorand
Algorand (ALGO) $ 0.642144 10.87%
digibyte
DigiByte (DGB) $ 0.035486 13.98%
compound-ether
cETH (CETH) $ 8.79 4.23%
dogecoin
Dogecoin (DOGE) $ 0.003562 3.15%
basic-attention-token
Basic Attention Token (BAT) $ 0.279202 4.61%
dai
Dai (DAI) $ 1.01 0.44%
theta-token
Theta Network (THETA) $ 0.390155 3.90%
0x
0x (ZRX) $ 0.535577 15.67%
kyber-network
Kyber Network (KNC) $ 1.94 2.80%
uma
UMA (UMA) $ 7.00 4.33%
waves
Waves (WAVES) $ 3.32 0.78%
ftx-token
FTX Token (FTT) $ 3.52 2.81%
qtum
Qtum (QTUM) $ 3.16 10.34%
bittorrent-2
BitTorrent (BTT) $ 0.000469 0.24%
icon
ICON (ICX) $ 0.522182 4.66%
elrond
Elrond (ERD) $ 0.021326 1.21%