Following the latest adjustment, the difficulty of mining Bitcoin increased by 0.61%, reaching a new all-time high of 110.45 T.
The average hash rate during the period since the previous adjustment was 804.05 EH/s.
According to Glassnode, on January 2, the seven-day moving average of the smoothed hash rate peaked at 818.7 EH/s before dropping to 763.6 EH/s.
Data from Hashrate Index shows that over the past 24 hours, hash price fell by 1.8% — from $54.8 to $53.8 per PH per day.
As reported by The Block, as of January 12, the smoothed seven-day moving average of miners’ daily revenue stood at $43.3 million, close to the lows seen since November 2024.
Fidelity previously noted that the decline in transaction revenue does not pose a threat to Bitcoin mining.
However, in October, an analyst known as Duo Nine warned of potential risks to the network’s security. He highlighted the outflow of Bitcoin liquidity into DeFi protocols, exchange-traded products, and custodial services.
