Hash Rate Rises, BTC Pool Revenue Hits $44.12 mln Daily

  • Maxim Hash
  • 31 December, 2024 03:05
Hash Rate Rises, BTC Pool Revenue Hits $44.12 mln Daily

The cryptocurrency.tech portal has released data showing that Bitcoin mining pools reached a record daily revenue of $44.12 mln on December 29. This surge is largely attributed to the network’s total hash rate, which has exceeded 805 EH/s this week. Experts note that many major miners have upgraded to a new generation of ASICs, accelerating block production speeds.

Statistical charts reveal that the average block time dropped from 10 minutes to 9 minutes and 53 seconds over the last 24-hour period, further boosting earnings. The report mentions that transaction fees remained relatively unchanged at around $1.2 mln per day during this timeframe. The primary driver is believed to be growing investor interest alongside BTC’s price increase.

Analysts predict another difficulty recalculation in January, likely in the range of a 1–1.5% hike. If the price remains stable, daily revenue could maintain current levels or even rise slightly. However, in the event of a market downturn, some miners may experience narrower profit margins.

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