Bitcoin hash price has fallen to its lowest level in five years.

Bitcoin Hashprice Declining

Bitcoin’s hashprice has dropped to 38.2 dollars per PH/s, reaching its lowest level in the last 5 years. This decline is due to the mining difficulty and hash rate hitting record high levels. Additionally, the price of Bitcoin has returned to 90,000 dollars.

Mining stocks have also experienced a sharp decline. However, most of these downturns seem to be more related to a decrease in investor interest in artificial intelligence infrastructure.