The article discusses the significant drop in the hash price for Bitcoin, which is the amount of revenue that miners can expect per unit of hashing power. The hash price has reached its lowest levels since the collapse of FTX. Factors contributing to this decline include an increase in bitcoin difficulty, the price of Bitcoin, and outside events. The article also mentions that during the bull run of 2021, miners could earn up to $400 a day per petahash per second of hashing power. However, the current decline in the hash price has affected miners’ revenues. Overall, the sentiment of the article is negative.
AI Sentiment: Negative
