Bitcoin miners’ worst days could have handed, however a number of key hurdles stay By Cointelegraph

© Reuters

Bitcoin’s mining trade has been comparatively steady in comparison with the bearish value motion and the tumultuous fallout of exchanges and lending corporations.

The community’s hashrate dipped barely towards the top of 2022, primarily because of an unprecedented blizzard within the U.S., and has since recovered strongly to surpass its earlier peak above 270 EH/s. It was notably encouraging to see that the hashrate holding effectively above summer time 2022 lows, regardless of the aftermath of FTX collapse.

7-day common hash price. Supply: Glassnode
Common value of Bitcoin ASIC mining machines. Supply: Hashrate Index
The launch dates of miners with their energy scores. Supply: Hashrate Index
Bitcoin one-hop miner provide. Supply Coinmetrics