Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since the halving. The increase derived from a rise in onchain fees. However, by the following day, bitcoin fees had substantially decreased, causing the hashprice to […]
Source: https://news.bitcoin.com/rapid-fluctuations-in-bitcoin-fees-cause-brief-spike-in-hashprice/
Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice
