Bitcoin 'hash price' slides to all-time low following fourth h | • CRYPTO NEWS • #BTC • #ETH •
Bitcoin 'hash price' slides to all-time low following fourth halving event
Bitcoin's so-called hash price has dropped to fresh all-time lows following Bitcoin’s fourth halving on April 20, despite a brief jump in revenue attributed to the hype surrounding Runes etching and hash rate remaining at comparatively high levels. Hash price is a term coined by Bitcoin mining services firm Luxor, referring to the expected value of 1 PH/s or 1 TH/s of hashing power per day. The metric quantifies how much a miner can expect to earn from a specific quantity of hash rate.
