Base

As a result of the latest recalculation, the mining difficulty of the first cryptocurrency decreased by 5% at once — to 79.5 T. The average hashrate for the period since the previous change was 568.75 EH/s, the interval between blocks increased to 10.5 minutes.
According to Glassnode, the network computing power smoothed by a 7-day moving average decreased to 580 EH/s. The value fell by 11.5% from the maximum of 656 EH/s reached in May.
According to the Hashrate Index, on July 4, the hash price was $44.9 per PH/day. The value is close to the historically low figures recorded in May. In recent weeks, a number of experts such as on-chain analyst Ali Martinez and CryptoQuant specialists have announced the capitulation of miners. Cryptocurrency miners are shutting down equipment that became unprofitable after the April halving and selling bitcoin reserves to maintain operations.