Bitcoin hash rate falls 10% in a few days

Bitcoin’s hash rate, price-linked, fell 10.25% from the peak reached on June 14 at 234 EH/s.

As of writing, the seven-day moving average stands at 210 EH/s.

Revenue per TH/s of mining power fell to levels last seen in October 2020.

Among the largest mining pools, Foundry USA leads by a wide margin.

In May, miners’ revenue fell by 22% compared with April — to $906 million.

Earlier this year, Bitmain introduced the Antminer T19 Hydro, a liquid-cooled Bitcoin miner with a hash rate of 145 TH/s.

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