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2026-07-31 10:02:09 UTC

Blockchain Report on Nostr: Bitcoin's hash rate down for 287 days, difficulty dropped 19.9% from peak. This ...

Bitcoin's hash rate down for 287 days, difficulty dropped 19.9% from peak. This signifies prolonged miner capitulation. Despite BTC price falling 46% in a year, some mining company stocks surged over 430% due to a pivot to AI/HPC operations. Miner revenue is ~$30M daily, with transaction fees only ~$200K, far from covering block subsidy reductions from halvings.

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