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Crypto Prune > Mining > Bitcoin hashrate brushes are always higher as miners approach the peak of June
Mining

Bitcoin hashrate brushes are always higher as miners approach the peak of June

6 months ago 2 Min Read

Bitcoin’s computing power creeped up to a peak (EH/s) per 946 exahash on June 13th, brushing it with a 945 EH/s read on Sunday morning.

Competition to the top: Bitcoin hashrate in inches within peak strike distance

As of 10am on Sunday, July 27th, Bitcoin hash rate is cruising at 942.96 exahash (eh/s). This height level can choke up to more stable, more attractive mining profits over the past month.

Source: HashrateIndex.com

Bitcoin’s Hashpris jumped from around $54 per second (PH/s) per second on June 27 to a monthly peak near PH/s, which is close to $64 on July 10. However, the meeting did not last long. The spike was followed by a drop, followed by a handful of medium swings between $58 and $62.

Since mid-July, the hashpris has been largely leveled, with just a slight turbulence falling just below the $60 pH/s. Currently, the blocks are mined faster than the standard 10 minute target, with an average of 9 minutes and 44 seconds. If this lively tempo is stable, hiking on August 8th could be difficult.

Foundry, Antpool and VIABTC continue to control

The Mining Pool Foundry leads the pack of SHA256 hashrate production, wielding computing power of 247 exhaushes per second (EH/S). The Antpool Trail ranked 2nd in 183 EH/s. VIABTC ranks third in the Bitcoin mining pool, F2Pool finishes fourth and Mara Pool finishes in the top five. Spiderpool is in 6th place, followed by Secpool in 7th place.

Luxor grabs the eighth slot, with Binance Pool in 9th place, and Briins Pool completes the top 10. With the dominant pool jockeys, increased efficiency and strategic scaling could define who is thriving to secure the next block of Bitcoin. The top three pools have long held control and are supported by the power of massive exhaush, giving them a strategic edge.

See also  Singapore Court to determine the fate of the user fund by June 20th

TAGGED:MiningMining NewsNews
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