Bitcoin’s computing power hit a record high of 946 exahashes per second (EH/s) on June 13, but dropped slightly to 945 EH/s on Sunday morning.
As of 10:00 AM ET on Sunday, July 27, Bitcoin’s hash rate is 942.96 exahashes per second (EH/s), down just over 3 EH/s from its all-time high. This higher rate can be attributed to more stable and attractive mining profits over the past month.
Source: hashrateindex.com
Bitcoin’s hashrate price rose from around $54 per petahash per second (PH/s) on June 27 to a monthly high of around $64 per PH/s on July 10, the largest monthly gain. However, the rally was short-lived. It was followed by a decline and some moderate fluctuations in the range of $58 to $62 per PH/s.
Since mid-July, the hashrate price has largely stabilized, hovering just below $60 per petahash/sec with some minor fluctuations. Blocks are currently being mined faster than the standard 10-minute target time, averaging 9 minutes and 44 seconds. If this rapid pace continues, a difficulty increase is likely to be expected by the August 8th reset.
Foundry mining pool ranks first in SHA256 hashrate, with a power of 247 exahashes per second (EH/s). Antpool is second with 183 EH/s. ViaBTC is third among Bitcoin mining pools, F2pool is fourth, and MARA Pool rounds out the top five. Spiderpool is sixth, and Secpool is seventh.
Luxor is in eighth place, Binance Pool is in ninth place, and Braiins Pool rounds out the top 10. The top pools continue to battle for dominance, and operational efficiency and strategic expansion could play a key role in who will succeed in the intensifying race for Bitcoin’s next blocks. The top three pools have long held their leadership, supported by significant computing power, which gives them a strategic advantage.
Source: cryptonews.net
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