On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s hashrate is around 160 exahash per second (EH/s) with 17 pools dedicating hashpower to the network.
$1.5 Billion in Bitcoin Rewards and Fees, Difficulty Ramps Up to 23 Trillion With a 5% Increase on the Way
The price of bitcoin has been consolidated just under the $60k region and at 10:30 (EST) on April 1st, BTC jumped over the $60k handle to $60,103 per unit. The price has been driving the hashrate higher as miners are dedicating a lot of resources toward finding bitcoin blocks.
On March 27, 2021, the Bitcoin hashrate spiked to 195 EH/s coming awfully close to the 200 EH/s zone for the first time ever. The continuous rise in hashrate has also pushed up