Bitcoin Mining Profitability Metric Hits All-Time Low After 4Th Halving

As the Bitcoin (BTC) network navigates through the aftermath of its fourth Halving event, a key metric providing insight into the profitability of BTC mining has plummeted to an all-time low. The hashprice, coined by Luxor, descended to $57.09 on Friday, April 26. This echoes levels last seen in the wake of the FTX collapse helmed by Sam Bankman-Fried.