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Bitcoin mining profitability increased 12% so far in 2023

The mining main cause of growth has to do with the 45% increase in the price of bitcoin "BTC" during the first four months of the year, going from medium USD to high USD in mid-April.
It is the moment, the Bitcoin hashprice, is an indicator that all the miners in the network use to obtain their profits, this increased to 0.081 USD/TH/day or 83 USD PH/day, it is the highest level in the first quarter and half of the current month.

Bitcoin Hashprice is a price that is assigned to a computing unit and returns the results.
Obviously it is represented in "USD" dollars and an agreement is estimated for that amount of the "hashrate" which are the mining operations included in the Bitcoin networks in one day, that is, 24 hours.

The consequence of this increase in the profitability of Bitcoin, many more miners have begun to connect all their equipment and the level of difficulty of being able to mine Bitcoin has been adjusted until reaching its appropriate level, this is the highest level in all history as far as bitcoin goes.
So then the "hashprice" decreased subsequently with each new adjustment of its difficulty in the networks.

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If we take in fact the highest point of the "hashprice" during this first quarter and we can compare it with the current graph, this same figure represents 10% more than the profitability registered so far.

The price of bitcoin During its first quarter, the price of bitcoin (BTC) has increased by up to 71% compared to January and February.
Considering the competition between all the miners to achieve the asset reward, this growth of the "hashrate" and its difficulty, could stop what seemed like an upward competition in terms of mining profitability.

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