A look at the data following the third halving

Quick Take

  • Miners are now generating a little over $8M a day, compared to more than $12M prior to the halving
  • The difficulty has yet to adjust, which is causing the issuance to be 23.3% less than it should be
  • Bitcoin’s annualized inflation is now a little under 1.9% while Ethereum’s is at about 4.5%
  • Bitcoin’s hash rate appears to have dropped by about 23% as the average block time after the halving is 11.66 minutes
It’s now been almost a week since the third halving so we can look at what the data tells us. Miner revenue A couple of months before the halving, miners were generating $12 to $13 million a day, on average. From January to February, it was even higher — from $16 to $18 million a day, as […]

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