On December 25, 2023, the Bitcoin network hashrate set a new historical record and reached 544 EH/s, according to official data from Blockchain.com.
Over the past 12 months, the figure has increased by 130%. At the same time, the price of Bitcoin showed similar dynamics - 156% in annual terms, according to TradingView .
At the time of publication of the article, the price of Bitcoin is $42,609.
At the same time, the difficulty of Bitcoin mining set a new historical maximum. On December 23, 2023, the indicator reached 72.01 T.
An analyst at Glassnode under the nickname Checkmatey noted that the profitability of mining on the Bitcoin network fell by 34% from the annual maximum of 0.136 TH/s/day. At the same time, the expert points to increased transaction fees.
Let us recall that we wrote that on December 21, 2023, the daily volume of commissions on the Bitcoin network surpassed Ethereum.
