However, there’s still 11 days left until the next DAA change and the time it takes to find 2,016
blocks will determine if the DAA goes up or down. Since March 3, 2022, the Bitcoin network has recorded six downward adjustments and four increases.While the hashrate has slipped by 26% during the last 30 days, 4,216 block subsidy rewards were discovered by miners. Foundry USA found the most with 959 blocks found last month and around 22.75% of the global hashrate.
Foundry was followed by Antpool which captured 14.61% of the global hashrate and discovered 616 blocks last month. There are 14 knownmining pools today, and unknown hashrate or stealth miners obtained around 56 block rewards last month which equated to 1.33% of the 30-day hashrate. There’s less than 100K blocks left until the next reward halving and miners will see revenues slashed in half at that point in time. The halving is expected to occur on or around April 16, 2024, which is 647 days away.
Many miners have been pushed out of business or have temporarily stopped operation due to tumbling bitcoin price. The remaining miners have better margins as the difficulty drops. Long $MARA
Wow, huge recession. Looks like its a good time to spend some usdt for a new asic
Awesome
I bought some eth on bfx earlier. Most likely the price will be higher at the end of the year