Bitcoin hashprice has recovered to about $39.06 per PH/s/day, up more than 43% from its June low near $27, as bitcoin's price moved toward $80,000 and network difficulty eased, according to data from Luxor's Hashrate Index.
The Aug. 22 difficulty adjustment reduced the mining threshold by 1.31% at block 963,648, according to Mempool data. Difficulty fell from 127.48 trillion to 125.81 trillion, leaving it just 0.7% above the 2026 low of 124.93 trillion reached in June.
The decline was in line with the flat-to-down-1% move expected before the retarget. It also erased the prior epoch's 0.99% increase and was Bitcoin's tenth downward adjustment of 2026, against seven increases.
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Lower difficulty increases bitcoin production per unit of active hashrate, ***** uming price, fees and operating costs remain unchanged. The latest move is modest, making bitcoin's price rally the main driver of the hashprice recovery.
#price #june #according
The Aug. 22 difficulty adjustment reduced the mining threshold by 1.31% at block 963,648, according to Mempool data. Difficulty fell from 127.48 trillion to 125.81 trillion, leaving it just 0.7% above the 2026 low of 124.93 trillion reached in June.
The decline was in line with the flat-to-down-1% move expected before the retarget. It also erased the prior epoch's 0.99% increase and was Bitcoin's tenth downward adjustment of 2026, against seven increases.
Stay ahead of AI infrastructure deals. Get Blockspace in your inbox.
Lower difficulty increases bitcoin production per unit of active hashrate, ***** uming price, fees and operating costs remain unchanged. The latest move is modest, making bitcoin's price rally the main driver of the hashprice recovery.
#price #june #according
1 month ago
