Bitcoin -Hesh – the estimated profit made during the operation of 1 petahash per second (PH/S) production – over the past seven days has decreased from $ 53.13 to the current cost to $ 49.81. Meanwhile, the total amount of Bitcoin hashratly bounced back from February 25, adding more than 41 Exahash per second (EH/S) to reach the current speed from 794 to 796 EH/S.
March may not have magic for bitcoins miners, as the profit slides
In February, Bitcoin miners earned $ 1.24 billion, compared with January, $ 1.4 billion. In the first week alone, miners earned $ 250.75 million. USA, including $ 2.97 million. The United States received directly from the ONCHAIN transaction fee. For comparison, 30 days ago, Bitcoin -Hashppis previously amounted to $ 56.73 for PH/s, which is much higher than today’s more modest figure in the amount of $ 49.81.
Current indicators suggest that Martha may not have enough charm of the previous two months if the conditions are not shifted favorably. Nevertheless, there is good news about the Hashrate front, with mining, increasing the solid 5.44% of the recent 753 eh/s to a healthier 794 EH/S. Within the framework of this total, the foundry of the giant basin dominates the share of 31.43%, while Antpool makes significant 17.44%.
VIABTC comfortably takes third place, making up 13.99%, which together puts these three mining basins under the control of 62.86% of the total number of bitcoins 794 EH/S. Currently, the prospects for miners of bitcoins are not quite sparkling, since they are preparing for a potential increase in complexity by about 1.29% by or around March 9.
Right now, blocks arrive at a sharp pace, on average about 9 minutes and 52 seconds each. Meanwhile, those who seek to accelerate transactions using a highly priority transmission, an average fee of 3 satoshi on a virtual byte (SAT/VB), which leads to approximately $ 0.36 per transaction. Given the current trajectory, the miners of bitcoins will probably focus on tightening the field if there is no noticeable change in the dynamics of the market or the demand for transactions.
Due to the consolidation of costs for monitoring and extracting minerals upwards, profit on profit can cause strategic adaptations. Ultimately, the direct future of the industry depends on the balance of the growing complexity of the network with maintaining effective operations for mining against the background of oscillating income flows. And holding the fingers crossed, the market value of Bitcoin requires for the better.
