Bitcoin’s hash rate appears to drop 16% after miner revenue declines by 44%

Bitcoin’s hash rate, the measure of miner’s performance, appears to have dropped by about 16% after the third halving as miners now generate twice less from the block subsidy. According to The Block’s estimates, the daily miner revenue has dropped by about 44% after the halving – from $16.1 million to $9.0 million. Most of […]The post Bitcoin’s hash rate appears to drop 16% after miner revenue declines by 44% appeared first on The Block.