June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags

Over the past 30 days, bitcoin miners discovered 4,324 artifact rewards during the period of June, with astir 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved 2 milestones successful June, arsenic the web reached an all-time precocious successful hashrate connected June 11, and 3 days later, connected June 14, the mining trouble besides reached a caller peak.

While Miners Accrued 27,025 Fresh Bitcoin successful June, Mining Difficulty Tapped an All-Time High

Bitcoin miners, implicit the past 2,016 blocks, person recorded an mean hashrate of astir 359 exahash per 2nd (EH/s). On Saturday, July 1, 2023, the existent hashrate is astir 335.71 EH/s, with 37 mining pools dedicating hashpower to the Bitcoin chain.

Foundry USA is the apical mining excavation connected Saturday, and it besides held the apical presumption during the erstwhile month. Statistics bespeak that passim June, mining pools discovered 4,324 artifact rewards, with Foundry uncovering 1,404 of them.

Foundry’s metrics successful June bespeak that the excavation accounted for 32.47% of the planetary hashrate. Antpool claimed the 2nd presumption successful June, discovering 923 blocks during the period and capturing a 21.35% stock of the full hashrate.

Following intimately were F2pool (593 blocks), Binance Pool (382 blocks), and Viabtc (373 blocks), unneurotic accounting for 31.17% of the planetary hashrate. A full of 16 mining pools generated astatine slightest 1 exahash oregon much of planetary hashpower connected July 1.

In June, the Bitcoin blockchain experienced 2 trouble retargets. On June 14, astatine artifact tallness 794,304, determination was a 2.18% increase, and connected June 28, astatine artifact tallness 796,320, a 3.26% alteration occurred.

The June 14 summation brought the trouble to an all-time precocious (ATH) of 52.35 trillion, portion the consequent alteration 2 weeks aboriginal reduced it to the existent 50.65 trillion. Although the trouble ATH was a important milestone, Bitcoin’s full hashrate reached an ATH of 516.61 EH/s connected June 11, 2023, astatine artifact tallness 793,868.

Currently, the adjacent trouble alteration is scheduled to hap connected oregon astir July 13, 2023, and the adjacent artifact reward halving is conscionable implicit 43,000 blocks away. Bitcoin’s halving is expected to instrumentality spot connected oregon astir April 21, 2024, reducing the artifact reward from 6.25 BTC to 3.125 BTC.

As of the clip of writing, astatine artifact tallness 796,756, miners are projected to observe astir 270,275 BTC earlier the halving. Amid the upcoming artifact reward halving, which volition halve an operation’s mining revenue, bitcoin mining statistic from theminermag.com bespeak that the magnitude of BTC produced per time by a azygous EH/s of operating hashrate has steadily declined since January 2022.

In January of past year, miners earned 5.1 BTC per day, but the existent statistic amusement a alteration to 2.6 BTC. In June, the fig remained astatine 2.6 BTC, portion May recorded 3 BTC, surpassing April’s regular complaint of 2.7 BTC for 1 EH/s.

What are your thoughts connected June’s mining statistic and what lies up for Bitcoin miners? Do you expect an summation successful gross anterior to the halving? Please stock your insights and opinions connected this taxable successful the comments conception below.