“Bitcoin hashkett (14 DMA) reached a record mark of 838.7 eh/s, while cryptocurrency is trading ~ 25% below ATT. The alarming tendency was paid to the senior coindesk analyst James Van Straten. It is projected that due to the next adjustment of the complexity of the network, the indicator will increase by more than 3%, updating the historical maximum. This will increase the pressure on the mining economy, the expert said. “To keep the Metraine remained profitable and cover operating expenses and capital expenses that are important high […]”, – WRITE: Businessua.com.ua
Bitcoin hashrock (14 DMA) reached a record mark of 838.7 eh/s, while cryptocurrency is trading ~ 25% below Ath. The anxious trend was paid attention to the senior Coindesk analyst James van Straten.
It is projected that due to the next adjustment of the complexity of the network, the indicator will increase by more than 3%, updating the historical maximum. This will increase the pressure on the mining economy, the expert said.
“To keep the Mainers profitable and cover operating expenses and capital expenditures, the high price of bitcoin, full blocks and high transactional commissions are important,” he said.
The income of cryptocurrencies consists of a block for the block (3,125 BTC after Halming, which took place in April 2024) and network fees. However, the volume of the latter is extremely small – an average of about 4 BTC per day.
According to Coin Metrics, in the first quarter, the share of commissions in the total income of miners was only 1.33%.
“Since the block will continue to contract twice every four years, constant or growing onchin activity will be crucial in maintaining mining incentives,” Van Straten said.
An empty train At the same time, the Menonaut Monaut developer noted that the Foundry USA Pool has extracted the most unfilled from the non -yielding blocks over the last two years, which contains only seven transactions. The least recorded in January 2023 – four.
Foundry Just Mined the Emptyst Non-Empty Block in Over Two Years, Containing Only 7 Transactions and Weighting Just 5369 Units. pic.twitter.com/l4oad11xvr
– Mononaut (@mononautical) April 2, 2025
Other experts also drew attention to the problem.
“In other words, while the growing hashkelet draws a picture of a rapidly developing network, almost empty blocks resemble a powerful train rushing by rails, but without passengers,” Van Straten commented.
The creator of Mercury Layer and a former member of NASDAQ directors Nicolas Gregori spoke about the trend with anxiety.
Empty Blocks.
At some point, I hope bitcoiners realize this space is more than just podcasts, X Spaces, and the ‘Number Go Up’ Digital Gold Narrative. If we don’t get people using bitcoin for real commerce, it’s game over. pic.twitter.com/xg8cadz0eb
– Nicholas Gregory (@gregory_nico) March 31, 2025
“I hope the bitcoiers understand that this space is more than just podcasts, audio imocimation in X and” constant growth “on the narrative of digital gold. If we do not force people to use bitcoin for real commerce, the game is over, ”he summarized.
It should be reminded that only in February the capitalization of 14 public miners of the United States due to the increase in the complexity of the network and the reduction of the course of the first cryptocurrency fell by 22%. Bernstein reduced the target prices for some companies for 2025.
The gun
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