![What Is Asset Tokenization? Types, Why It Matters Now [2025]](https://coininsights.com/wp-content/uploads/2025/05/asset_tokenization-360x180.png)
Bitcoin’s price drop last week, exacerbated by German government transfers, pushed hashprice to an all-time low of $44.31/PH/day, despite a 5% downward difficulty adjustment.
Last week’s Bitcoin (BTC) price drop, worsened by German government liquidations, had pushed hashprice, a metric that represents the miner revenue on a per terahash basis, to an all-time low, triggering memories of the summer of 2021 when China’s Bitcoin mining ban caused similar disruptions in the crypto’s mining ecosystem.
As per data from crypto mining analytics firm Hashrate Index, last week hashprice plunged down to $44.31 per petahash per day (PH/day), what appears to be the worst metric seen in the crypto market so far. Even in May 2021, when Chinese authorities cracked down on crypto mining and trading, hashprice only fell from 379 PH/day to 203 PH/day.
Bitcoin hashprice chart | Source: Hashrate Index
Transaction fees on the Bitcoin network have also nosedived, with volumes reaching their lowest point since Q3 2023.
On Jul. 8, the Bitcoin blockchain processed just 12.32 BTC in transaction fees, marking the lowest level in nearly nine months, says the head of research at Luxor Technology Colin Harper, adding that the last time transaction fees were this low was in October, 2023, when they hit 11.4 BTC amid Bitcoin’s 28.5% price surge. Hashrate Index says heatwaves could further exacerbate the stagnation in Bitcoin’s hashrate as the U.S. enters its hottest period of the year.
You might also like: Mt. Gox is a ‘thorn in Bitcoin’s side,’ analyst says
“For Q3-2024, changes to Bitcoin’s hashrate will result from a constant tug-of-war between heat-related curtailment, hashprice volatility, and miners deploying new ASICs.”
Colin Harper
The current landscape of consecutive negative difficulty adjustments — three in a row — mirrors that of the summer of 2021, a period marked by significant turbulence due to China’s crackdown on Bitcoin mining and trading. This year, the downturn follows a tumultuous summer for Bitcoin’s hashrate in the aftermath of the fourth halving, which caused Bitcoin’s hashrate to drop by 10%.
Read more: Bitcoin mining stocks slumping in pre-market trading
buying generic clomid tablets can i get clomid without insurance buying clomiphene tablets clomiphene without insurance where to buy cheap clomid without dr prescription cost generic clomiphene for sale buying generic clomiphene no prescription
Greetings! Extremely serviceable advice within this article! It’s the crumb changes which will espy the largest changes. Thanks a a quantity quest of sharing!
More posts like this would add up to the online elbow-room more useful.
azithromycin 250mg tablet – tindamax over the counter metronidazole 200mg uk
rybelsus 14 mg ca – buy cyproheptadine without a prescription buy cheap generic periactin
buy motilium pill – tetracycline 500mg generic cyclobenzaprine canada
buy inderal generic – propranolol pills buy generic methotrexate 5mg
amoxicillin usa – order generic ipratropium ipratropium cheap