Bitcoin's hashrate lost a tenth of its strength over the past week, yet it remains well above where it was a month ago. Our node read 985 EH/s on Nov 2. That is a 7 day change of -10.7%, against +11.9% over 30 days. Hashrate is the total computing power miners put behind the chain.
Difficulty, the bar a miner must clear to find a block, read 148.36T on the same day.
On the miner side, the fee rate was 1.0 sat/vB and miner revenue came to 399.7 BTC.
Since 2017, days in this very high band saw a median +0.0% BTC move over the next 7d (n=641, base +0.5%, 8y of records). History, not a forecast.
Difficulty, the bar a miner must clear to find a block, read 148.36T on the same day.
On the miner side, the fee rate was 1.0 sat/vB and miner revenue came to 399.7 BTC.
Since 2017, days in this very high band saw a median +0.0% BTC move over the next 7d (n=641, base +0.5%, 8y of records). History, not a forecast.
