Bitcoin Hashprice Spikes to Two-Year Highs as Miners Bag $109 Million in Halving Day Rewards

In what appears to be an unprecedented move, bitcoin’s hashprice has spiked to two-year highs even though the halving event on April 20 UTC slashed each block’s subsidy by 50% to 3.125 BTC. Public data shows that bitcoin’s hashprice, the dollar value of revenue that each PH/s of computing power generates daily, has shot up […]

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