Sunday, 12 May 2024

Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest Halving

by BD Banks

Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest HalvingBased on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550 exahash per second (EH/s). Following the halving, onchain costs have decreased significantly, with data indicating transfer fees ranging from $1.50 to $3.65 per transaction. Bitcoin’s Hashrate Slides 19% in 16 Days According to statistics, the three-day simple […]
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