BTC hash has almost recovered to levels that preceded halving. It was reported by the analytical company CoinMetrics.
Related: Report: Bitcoin's on-chain activity increased in May by 21%
After the halving on May 11, about 30% of miners disconnected from the network, and the income of the remaining miners fell by 50%. Despite this, the CoinMetrics CMBI Bitcoin hash index shows a recovery one month after a decrease in the block reward.
Against this background, the average transaction size in the BTC network dropped to April levels and reached $0.557. The median commission fell to $0.2.
Analysts added that the next planned change in mining complexity could be the largest since 2018. CoinMetrics predict an increase in this indicator by 15%.
At the same time, a fire broke out at a large mining farm in the Chinese province of Yunnan on Friday. According to BlockBeats, the fire destroyed thousands of miners. The cause of the fire is not reported, the police are investigating the incident.