Bitcoin’s hashprice, the dollar value of daily mining revenue per unit of hashing power, has dropped below $45/PH/s, setting a new record low following a broader bitcoin and crypto market sell-off. Data from Luxor’s Hashrate Index shows that bitcoin’s hashprice reached $44.6/PH/s on Thursday, lower than the previous record of $44.75/PH/s seen on May 1. […]
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