Bitcoin's difficulty increase on Sunday pushed the difficulty rating to another all-time high at block height 764,064.
Hash Price per Exahash Slides, Bitcoin Miners Deploy 8.25K Bitcoin to ‘Shore up’ Balance Sheets
Bitcoin’s current value is more than 76% lower than the all-time high recorded on Nov. 10, 2021. The onchain analysis firm Glassnode explained on Nov. 18, 2022, that the bitcoin miner hash price has dropped to a lifetime low. “[Bitcoin] miner hash price has plunged to a new all-time low of $58.3k per exahash per day,” Glassnode
. “With [bitcoin] prices now down over 76% from the peak, the mining industry remains under immense pressure,” the firm added.even lower on Nov 20. “As news of the FTX fallout broke last week, bitcoin miners distributed an additional 8.25K [bitcoin] to shore up their balance sheets. This leaves around 78K [bitcoin] in miner treasuries, and erases all balance growth in 2022,” Glassnode. Three-day statistics recorded on Sunday show that Foundry USA has been the top mining pool with around 71.
Foundry is followed by Antpool’s 46.43 EH/s, F2pool’s 40.40 EH/s, and Binance Pool’s 37.99 EH/s. Foundry, Antpool, and F2pool are followed by Viabtc and Braiins Pool, respectively. There are 13 known mining pools dedicating hashrate to the
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