• bitcoinBitcoin (BTC) $ 117,638.00
  • ethereumEthereum (ETH) $ 2,950.81
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.70
  • bnbBNB (BNB) $ 686.41
  • solanaSolana (SOL) $ 161.21
  • usd-coinUSDC (USDC) $ 0.999995
  • dogecoinDogecoin (DOGE) $ 0.199587
  • tronTRON (TRX) $ 0.299779
  • staked-etherLido Staked Ether (STETH) $ 2,951.43
  • cardanoCardano (ADA) $ 0.705427
  • hyperliquidHyperliquid (HYPE) $ 45.66
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,340.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,559.36
  • suiSui (SUI) $ 3.36
  • stellarStellar (XLM) $ 0.353707
  • bitcoin-cashBitcoin Cash (BCH) $ 529.52
  • chainlinkChainlink (LINK) $ 15.21
  • avalanche-2Avalanche (AVAX) $ 20.56
  • leo-tokenLEO Token (LEO) $ 9.03
  • hedera-hashgraphHedera (HBAR) $ 0.192666
  • wrapped-eethWrapped eETH (WEETH) $ 3,161.61
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • usdsUSDS (USDS) $ 0.999922
  • wethWETH (WETH) $ 2,952.56
  • the-open-networkToncoin (TON) $ 2.94
  • litecoinLitecoin (LTC) $ 93.72
  • whitebitWhiteBIT Coin (WBT) $ 46.69
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999830
  • moneroMonero (XMR) $ 327.05
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,525.00
  • polkadotPolkadot (DOT) $ 3.89
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.50
  • uniswapUniswap (UNI) $ 8.66
  • pepePepe (PEPE) $ 0.000012
  • aaveAave (AAVE) $ 297.08
  • bittensorBittensor (TAO) $ 389.32
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.471100
  • crypto-com-chainCronos (CRO) $ 0.103831
  • aptosAptos (APT) $ 4.88
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • nearNEAR Protocol (NEAR) $ 2.49
  • okbOKB (OKB) $ 48.77
  • internet-computerInternet Computer (ICP) $ 5.34
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 196.11
  • ondo-financeOndo (ONDO) $ 0.882683
  • ethereum-classicEthereum Classic (ETC) $ 18.13
  • susdssUSDS (SUSDS) $ 1.06
  • kaspaKaspa (KAS) $ 0.085365
  • usd1-wlfiUSD1 (USD1) $ 0.999985
  • ethenaEthena (ENA) $ 0.334408
  • cosmosCosmos Hub (ATOM) $ 4.63
  • vechainVeChain (VET) $ 0.023935
  • mantleMantle (MNT) $ 0.610232
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.227226
  • arbitrumArbitrum (ARB) $ 0.402213
  • official-trumpOfficial Trump (TRUMP) $ 9.86
  • gatechain-tokenGate (GT) $ 16.19
  • fasttokenFasttoken (FTN) $ 4.45
  • algorandAlgorand (ALGO) $ 0.217879
  • render-tokenRender (RENDER) $ 3.63
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.714100
  • sei-networkSei (SEI) $ 0.326892
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,940.30
  • worldcoin-wldWorldcoin (WLD) $ 1.03
  • filecoinFilecoin (FIL) $ 2.55
  • bonkBonk (BONK) $ 0.000022
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,412.00
  • skySky (SKY) $ 0.078433
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.71
  • binance-staked-solBinance Staked SOL (BNSOL) $ 171.16
  • spx6900SPX6900 (SPX) $ 1.62
  • kucoin-sharesKuCoin (KCS) $ 11.47
  • usdtbUSDtb (USDTB) $ 0.999820
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999136
  • jupiter-exchange-solanaJupiter (JUP) $ 0.484637
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.022954
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,095.69
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,362.61
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.93
  • nexoNEXO (NEXO) $ 1.28
  • story-2Story (IP) $ 4.45
  • fartcoinFartcoin (FARTCOIN) $ 1.27
  • memecoreMemeCore (M) $ 0.772536
  • injective-protocolInjective (INJ) $ 12.28
  • xdce-crowd-saleXDC Network (XDC) $ 0.072365
  • flare-networksFlare (FLR) $ 0.016812
  • optimismOptimism (OP) $ 0.654514
  • sonic-3Sonic (S) $ 0.356037
  • blockstackStacks (STX) $ 0.737413
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,158.29
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,102.87
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.69
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,283.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999327
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,107.40
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • tokenize-xchangeTokenize Xchange (TKX) $ 11.42
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,344.00
  • dogwifcoindogwifhat (WIF) $ 0.951693
  • the-graphThe Graph (GRT) $ 0.096148
  • pax-goldPAX Gold (PAXG) $ 3,344.54
  • immutable-xImmutable (IMX) $ 0.496796
  • flokiFLOKI (FLOKI) $ 0.000095
  • clbtcclBTC (CLBTC) $ 118,803.00
  • wbnbWrapped BNB (WBNB) $ 684.52
  • kaiaKaia (KAIA) $ 0.155664
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,177.60
  • paypal-usdPayPal USD (PYUSD) $ 0.999480
  • curve-dao-tokenCurve DAO (CRV) $ 0.627330
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.46
  • vaultaVaulta (A) $ 0.537623
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 181.14
  • tether-goldTether Gold (XAUT) $ 3,345.79
  • msolMarinade Staked SOL (MSOL) $ 210.75
  • theta-tokenTheta Network (THETA) $ 0.787340
  • galaGALA (GALA) $ 0.016942
  • lido-daoLido DAO (LDO) $ 0.828517
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • iotaIOTA (IOTA) $ 0.186295
  • raydiumRaydium (RAY) $ 2.70
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.70
  • ousgOUSG (OUSG) $ 111.77
  • the-sandboxThe Sandbox (SAND) $ 0.284905
  • jasmycoinJasmyCoin (JASMY) $ 0.014297
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998268
  • zcashZcash (ZEC) $ 41.63
  • jito-governance-tokenJito (JTO) $ 1.93
  • aerodrome-financeAerodrome Finance (AERO) $ 0.786644
  • bittorrentBitTorrent (BTT) $ 0.00000067
  • super-oethSuper OETH (SUPEROETH) $ 2,939.51
  • wrapped-hypeWrapped HYPE (WHYPE) $ 45.73
  • pyth-networkPyth Network (PYTH) $ 0.114631
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,159.89
  • pendlePendle (PENDLE) $ 3.94
  • saros-financeSaros (SAROS) $ 0.244758
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • tezosTezos (XTZ) $ 0.594540
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,092.78
  • mog-coinMog Coin (MOG) $ 0.000002
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 116,942.00
  • tbtctBTC (TBTC) $ 116,609.00
  • newton-projectAB (AB) $ 0.009098
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,944.93
  • flowFlow (FLOW) $ 0.374145
  • falcon-financeFalcon USD (USDF) $ 0.999170
  • usual-usdUsual USD (USD0) $ 0.997857
  • decentralandDecentraland (MANA) $ 0.303459
  • syrupMaple Finance (SYRUP) $ 0.526715
  • build-onBUILDon (B) $ 0.558837
  • chain-2Onyxcoin (XCN) $ 0.016259
  • based-brettBrett (BRETT) $ 0.055927
  • walrus-2Walrus (WAL) $ 0.400572
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 117,482.00
  • coredaoorgCore (CORE) $ 0.546769
  • morphoMorpho (MORPHO) $ 1.69
  • thorchainTHORChain (RUNE) $ 1.51
  • apecoinApeCoin (APE) $ 0.663423
  • staked-hypeStaked HYPE (STHYPE) $ 45.72
  • heliumHelium (HNT) $ 2.84
  • ripple-usdRipple USD (RLUSD) $ 0.999804
  • bitcoin-svBitcoin SV (BSV) $ 26.07
  • starknetStarknet (STRK) $ 0.142722
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.198346
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,953.51
  • conflux-tokenConflux (CFX) $ 0.098934
  • true-usdTrueUSD (TUSD) $ 0.999608
  • usddUSDD (USDD) $ 1.00
  • venomVenom (VENOM) $ 0.221570
  • stader-ethxStader ETHx (ETHX) $ 3,141.45
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007833
  • dydx-chaindYdX (DYDX) $ 0.607558
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004552
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999994
  • kavaKava (KAVA) $ 0.412543
  • apenftAPENFT (NFT) $ 0.00000045
  • beldexBeldex (BDX) $ 0.062148
  • compound-governance-tokenCompound (COMP) $ 46.51
  • neoNEO (NEO) $ 6.13
  • dexeDeXe (DEXE) $ 7.56
  • elrond-erd-2MultiversX (EGLD) $ 15.07
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,249.66
  • ether-fiEther.fi (ETHFI) $ 1.12
  • aioz-networkAIOZ Network (AIOZ) $ 0.354010
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.34
  • deepDeepBook (DEEP) $ 0.165025
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • arweaveArweave (AR) $ 6.29
  • ecasheCash (XEC) $ 0.000021
  • usdbUSDB (USDB) $ 1.01
  • telcoinTelcoin (TEL) $ 0.004435
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 117,622.00
  • axie-infinityAxie Infinity (AXS) $ 2.45
  • 1inch1inch (1INCH) $ 0.289080
  • zksyncZKsync (ZK) $ 0.055978

Bitcoin Hashprice Tumbles as Miners Brace for Tougher March

0 61

Bitcoin Hashprice Tumbles as Miners Brace for Tougher March

Bitcoin’s hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash down to its current value of $49.81 over the past seven days. Meanwhile, Bitcoin’s total hashrate bounced back impressively from its Feb. 25 low, adding over 41 exahash per second (EH/s) to reach the present rate of 794 to 796 EH/s.

March Might Lack Magic for Bitcoin Miners as Profits Slide

In February, bitcoin miners earned $1.24 billion, down from January’s haul of $1.4 billion. This month’s first week alone saw miners pocketing $250.75 million, including $2.97 million derived directly from onchain transaction fees. For comparison, 30 days ago, Bitcoin’s hashprice previously stood at $56.73 per PH/s, significantly above today’s more modest figure of $49.81.

Bitcoin Hashprice Tumbles as Miners Brace for Tougher March

Current indicators suggest March might lack the charm of the preceding two months unless conditions shift favorably. However, there’s good news on the hashrate front, with mining power rising a solid 5.44% from its recent low of 753 EH/s to a healthier 794 EH/s. Within that total, the mining pool giant Foundry dominates with a 31.43% share, while Antpool contributes a substantial 17.44%.

Viabtc comfortably occupies third place, accounting for 13.99%, which together puts these three mining pools in control of 62.86% of Bitcoin’s 794 EH/s total. Currently, the outlook for bitcoin miners isn’t exactly sparkling, as they’re bracing for a potential difficulty increase of around 1.29% on or around March 9.

Right now, blocks are arriving at a snappy pace, averaging about 9 minutes and 52 seconds each. Meanwhile, those eager to expedite transactions via a high-priority transfer, face fees averaging 3 satoshis per virtual byte (sat/vB), translating to roughly $0.36 per transaction. Given the current trajectory, bitcoin miners are likely to navigate tightening margins unless there’s a notable shift in market dynamics or transaction demand.

Bitcoin Hashprice Tumbles as Miners Brace for Tougher March

With pools consolidating control and mining costs inching upward, profitability pressures could prompt strategic adaptations. Ultimately, the industry’s immediate future hinges on balancing rising network difficulty with maintaining efficient mining operations amid fluctuating revenue streams. And keeping fingers crossed that bitcoin’s market value takes a turn for the better.

Source

Leave A Reply

Your email address will not be published.