The fee revenue to miners is today yet a fraction of the revenue to miners due to the block subsidy award. So even if ordinals were to quadruple tx fee revenue to miners, that still wouldn't have a significant impact to miner's revenue and thus not a reason for them to add capacity.
But likely hashrate will overall continue to rise if current exchange rate levels hold even, nonetheless if they were to increase in the near future.
Stats:
Difficulty:
Here's an article that has some general info about bitcoin mining difficulty.
Network Difficulty, Share Diffiaculty and Hash Functions https://hashrateindex.com/blog/crypto-mining-network-difficulty-share-difficulty-and-hash-functions
Hashrate:
ASIC Prices:
A great tool to monitor the progress over the 2,016 block epoch is fork.lol's Difficulty Retarget chart:
And some great Dashboards, overall:
deleted by author
Now it's my chance with my solo USB miner!
deleted by author
B-b-but Ordinals were going to fix the incentives 🙃
deleted by author
I would think it would go up from the Ordinals
The fee revenue to miners is today yet a fraction of the revenue to miners due to the block subsidy award. So even if ordinals were to quadruple tx fee revenue to miners, that still wouldn't have a significant impact to miner's revenue and thus not a reason for them to add capacity.
But likely hashrate will overall continue to rise if current exchange rate levels hold even, nonetheless if they were to increase in the near future.
deleted by author
deleted by author
Sigh if relief, thank you for the good news 🗞️
deleted by author
deleted by author