Fast Take
As per the information evaluation, the Bitcoin hash fee is at present hovering at roughly 8% under its all-time excessive. Wanting on the 7-day shifting common, we witness a peak of 507 eh/s, which has since dwindled to round 470 eh/s. Intriguingly, this decline within the hash fee has paralleled a drop within the problem adjustment, which slipped over the earlier weekend, coming very near being flat.
This easing off within the problem adjustment gives a soothing breather for miners grappling with six consecutive optimistic changes. At current, the problem stage sits at a outstanding 67.31T. As we strategy the tip of 2023, just one adjustment stays to be seen. The 12 months has seen 7 destructive changes towards 19 optimistic ones. It stays to be seen whether or not the upcoming remaining adjustment will tip the size to twenty optimistic changes for the 12 months.
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