The hashrate of Bitcoin reached a record 946 EH/s, but miners' profits continue to shrink.

Golden Finance reported that on June 14, the Bitcoin hashrate reached a new milestone, peaking at 946 exahash (EH/s) according to the seven-day simple moving average (SMA). The previous all-time high (ATH) occurred on May 31, when the network hashrate reached 943 EH/s. As of Saturday at 8 AM Eastern Time, the hashrate had reached 944.84 EH/s. Meanwhile, mining revenue has decreased compared to levels 30 days ago, with the hashrate price dropping from a daily revenue of $55.53 per terahash/second (PH/s) on May 14 to the current $52.92 per terahash/second. In the past 24 hours, miners have averaged 3.17 Bitcoins from block subsidies and transaction fees, with transaction fees accounting for only 1.32% of total revenue.