About 20% of Bitcoin mining capacity sits idle, CryptoSlate reports, citing Luxor’s estimate

CryptoSlate reports that Luxor estimates 235 exahashes per second (EH/s) of Bitcoin mining capacity is idle—about 20% of the installed total. The outlet says that if enough capacity returns as margins improve, mining difficulty rises and hashprice—the revenue miners earn per unit of computing power—gets squeezed again. That rebound could make the recovery less profitable for miners.