Bitcoin Network Stable Despite Hashrate Slump
The post Bitcoin Network Stable Despite Hashrate Slump appeared on BitcoinEthereumNews.com. According to data from BitInfoCharts, Bitcoin’s daily average hashrate has dropped to 684.48 EH/s, the lowest since mid-October last year. This decline, from a peak of 966 EH/s on June 20, 2025, raises a significant question: is this an opportunity or a risk for the cryptocurrency market? Hashrate has Decreased, but Not to Its Lowest Although Bitcoin’s current hashrate has fallen to a low level, it is still much higher than the 379.55 EH/s recorded in July 2023. This ensures that the Bitcoin network remains safe to some extent. Bitcoin hashrate. Source: BitInfoCharts The primary cause of this decline could be related to the surge in Bitcoin mining costs, which increased by more than 34% in Q2 2025 when the hashrate hit new highs, as previously reported by BeInCrypto. Higher electricity prices and hardware and maintenance costs have forced many miners to suspend operations to avoid losses. Additionally, energy-saving programs have contributed to the hashrate reduction, as some mining farms participate in grid load reduction initiatives. Or the war in Iran also contributed to this decline. “Listen, I know “Hashrate is down because Iran got bombed” is a great meme, but if you actually mine Bitcoin you’re looking at US weather patterns.” X user Rob Waren shared. The Bitcoin market has maintained remarkable stability despite the current hashrate situation. Bitcoin’s price is currently at $106,000, indicating positive investor sentiment. Bitcoin ETFs, especially BlackRock with $70 billion in assets under management (AUM), continue reinforcing confidence in Bitcoin as a safe-haven asset, even as the US stock market plummets. This reflects the growing separation between Bitcoin and traditional financial markets. Bitcoin Mining Difficulty Expected to Decrease by 9.37% Another critical factor is the upcoming mining difficulty adjustment, scheduled for June 29, 2025. According to CoinWarz, the difficulty will drop from approximately 126.41…
The post Bitcoin Network Stable Despite Hashrate Slump appeared on BitcoinEthereumNews.com.
According to data from BitInfoCharts, Bitcoin’s daily average hashrate has dropped to 684.48 EH/s, the lowest since mid-October last year. This decline, from a peak of 966 EH/s on June 20, 2025, raises a significant question: is this an opportunity or a risk for the cryptocurrency market? Hashrate has Decreased, but Not to Its Lowest Although Bitcoin’s current hashrate has fallen to a low level, it is still much higher than the 379.55 EH/s recorded in July 2023. This ensures that the Bitcoin network remains safe to some extent. Bitcoin hashrate. Source: BitInfoCharts The primary cause of this decline could be related to the surge in Bitcoin mining costs, which increased by more than 34% in Q2 2025 when the hashrate hit new highs, as previously reported by BeInCrypto. Higher electricity prices and hardware and maintenance costs have forced many miners to suspend operations to avoid losses. Additionally, energy-saving programs have contributed to the hashrate reduction, as some mining farms participate in grid load reduction initiatives. Or the war in Iran also contributed to this decline. “Listen, I know “Hashrate is down because Iran got bombed” is a great meme, but if you actually mine Bitcoin you’re looking at US weather patterns.” X user Rob Waren shared. The Bitcoin market has maintained remarkable stability despite the current hashrate situation. Bitcoin’s price is currently at $106,000, indicating positive investor sentiment. Bitcoin ETFs, especially BlackRock with $70 billion in assets under management (AUM), continue reinforcing confidence in Bitcoin as a safe-haven asset, even as the US stock market plummets. This reflects the growing separation between Bitcoin and traditional financial markets. Bitcoin Mining Difficulty Expected to Decrease by 9.37% Another critical factor is the upcoming mining difficulty adjustment, scheduled for June 29, 2025. According to CoinWarz, the difficulty will drop from approximately 126.41…
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