Bitcoin Network Hashrate Declines for Second Consecutive Month

According to ChainCatcher, a report by CoinDesk reveals that the Bitcoin network's hashrate has decreased for the second month in a row. Analysts from JPMorgan noted that the monthly average network hashrate, an industry competition indicator, fell by 30 EH/s, a 3% decline, bringing the average to 1045 EH/s. Mining profitability has also decreased. Analysts estimate that last month, miners earned an average daily block reward of $38,700 per EH/s, a 7% drop from November and a 32% year-over-year decrease, marking the lowest level on record source: https://www.binance.com/en/square/post/34680233016090?utm_source=BinanceNewsRSS