Monday Mining Metrics: Difficulty adjusts down for the 4th time this year.
Monday Mining Metrics: Difficulty adjusts down for the 4th time this year.
Bitcoin Mining Update - 7/3/2023
Monday Mining Metrics 7/3/23
Happy Monday, we hope you all had a great weekend celebrating freedom! The fun is not over yet. You still have 1 more day to get signed up for our 4th of July ASIC giveaway!
🚨ASIC GIVEAWAY🚨
Complete these steps for a chance to win a FREE S19 Pro (110T).
Follow @BlockwareTeam and RT this tweet.
Sign up for the Blockware Marketplace.
Complete KYC & MPA that you will receive via email after step 2.
The winner is picked on July 4th. Good luck to all participants!
* If you refer a friend to the marketplace before July 4th, you'll receive 1 extra entry per referral that completes all entry requirements. Just be sure your referral tells us that you sent them!
Spot ASIC Pricing
Below are the lowest current listing prices on the Blockware Marketplace for a variety of popular ASIC models:
Antminer S19j Pro (+0.2%)
$1,564 (0.05 BTC)
$17 / T
Antminer S19j Pro+ (+2.2%)
$2,760 (0.0898 BTC)
$23.0 / T
Antminer S19 XP (+0%)
$5,400 (0.17508 BTC)
$38.3 / T
Whatsminer M30s++ (-3.3%)
$1,450 (0.0469 BTC)
$14.1 / T
Whatsminer M50 (+0.0%)
$2,680 (0.0867 BTC)
$22.5 / T
Bulk ASIC Pricing
Contact sales@blockwaresolutions.com or reach out here.
4th Negative Difficulty Adjustment of 2023
Difficulty adjusted down -3.26%, the 4th downward difficulty adjustment of the calendar year. The month over month growth rate of difficulty is down significantly from its 2022 peak. The reason for the slowing growth rate of difficulty is ASIC commoditization, as well as the fact that mining investment made during the last bull market has all been plugged in.
In our 2023 forecast, we predicted the growth rate of difficulty would slow down. This trend will likely continue until the 2024 halving.
All content is for informational purposes only. This Blockware Intelligence Newsletter is of general nature and does consider or address any individual circumstances and is not investment advice, nor should it be construed in any way as tax, accounting, legal, business, financial or regulatory advice. You should seek independent legal and financial advice, including advice as to tax consequences, before making any investment decision.