Bitcoin’s Rebound Above $30k Boosts Hashprice: A 4% Leap in 24 Hours

There was a -3.26% difficulty adjustment in Bitcoin mining. As a direct consequence of this change, Bitcoin’s hashprice experienced a remarkable uplift, according to hashrateindex.   

Source: hashprice

In the last 24 hours, the BTC denominated hashprice surged by 4%. Moreover, the week-over-week comparison indicates a 1.5% increase. These numbers highlight the ongoing positive impact of the difficulty adjustment.

Bitcoin, the world’s leading cryptocurrency, has also made a notable comeback. Its value soared back above the critical $30k mark. This recovery was not only significant for Bitcoin holders but also had a crucial effect on the USD hashprice.

The USD hashprice, influenced by Bitcoin’s rebound, reported a growth of 4.5% week-over-week. The current rate is nearing $80/PH/day. 

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