{"id":93785,"date":"2026-02-01T13:55:39","date_gmt":"2026-02-01T10:55:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=93785"},"modified":"2026-02-01T14:00:20","modified_gmt":"2026-02-01T11:00:20","slug":"bitcoin-hashrate-drops-12-over-four-months-reports-glassnode","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-hashrate-drops-12-over-four-months-reports-glassnode\/","title":{"rendered":"Bitcoin Hashrate Drops 12% Over Four Months, Reports Glassnode"},"content":{"rendered":"<p><a href=\"https:\/\/forklog.com\/en\/news\/what-are-hashrate-and-mining-difficulty-in-cryptocurrencies\">The hashrate<\/a> of the leading cryptocurrency network has fallen to 970 EH\/s, marking its lowest level since September 2025. Winter storms in the United States forced local miners to disconnect from the network, explained <a href=\"https:\/\/x.com\/cryptoquant_com\/status\/2016964280583672164\">Glassnode<\/a>.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-dc30ad1caf4cf411-5158521236300063.webp\" alt=\"image\" class=\"wp-image-274371\"\/><figcaption class=\"wp-element-caption\">Source: X\/Glassnode.<\/figcaption><\/figure>\n<p>The value has decreased by approximately 12% over the past four months. This correction is the most significant since 2021, when Chinese authorities <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-mining-in-2021-chinas-ban-reshaped-the-balance-of-power\">banned cryptocurrency mining<\/a>.\u00a0<\/p>\n<p>On January 24, the hashrate (<span data-descr=\"seven-day moving average\" class=\"old_tooltip\">7DMA<\/span>) hit a low of 690 EH\/s after <a href=\"https:\/\/forklog.com\/en\/news\/foundry-usa-bitcoin-pools-hashrate-drops-60-due-to-hurricane\">most of the equipment was shut down<\/a> by the Foundry USA mining pool.<\/p>\n<p>Analysts noted that the decline began even before Bitcoin plummeted from $126,000 to $100,000.<\/p>\n<p>According to experts, mining revenues have sharply declined amid falling prices and operational disruptions. Daily revenue from cryptocurrency mining dropped from $45 million to an annual low of $28 million within days, only partially recovering to ~$34 million.<\/p>\n<p>This reflects both a reduction in block production and a worsening price environment, according to Glassnode.<\/p>\n<p>Moreover, the profitability of mining companies has significantly deteriorated: the profit\/loss sustainability index fell to its lowest since November 2024, reaching 21.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe situation indicates extremely low profitability for mining companies under current price conditions and mining difficulty, even after <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-mining-difficulty-decreases-by-3-28\">numerous downward adjustments<\/a> in difficulty,\u201d the researchers added.<\/p>\n<\/blockquote>\n<p>Earlier, on January 20, a solo miner <a href=\"https:\/\/forklog.com\/en\/news\/solo-miner-earns-289191-from-bitcoin-block-mining\">mined<\/a> block #933,034 on the Bitcoin network. His reward amounted to 3.131 BTC ($289,191).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hashrate of the leading cryptocurrency network has fallen to 970 EH\/s, marking its lowest level since September 2025. Winter storms in the United States forced local miners to disconnect from the network, explained Glassnode.<\/p>\n","protected":false},"author":1,"featured_media":93786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin hashrate falls to 970 EH\/s, lowest since 2025; US storms force miners offline, says Glassnode.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137],"class_list":["post-93785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"178","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin hashrate falls to 970 EH\/s, lowest since 2025; US storms force miners offline, says Glassnode.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=93785"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93785\/revisions"}],"predecessor-version":[{"id":93787,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93785\/revisions\/93787"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/93786"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=93785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=93785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=93785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}