Golden Finance reported that although the difficulty of Bitcoin mining has risen slightly by 1.4%, the Bitcoin mining hash price (miners' daily mining block revenue per unit of hash power) remains at a level of about $48 per shot of hash/second (PH/s). Data from CoinWarz shows that on March 23, at the 889,081st block, the difficulty of mining Bitcoin climbed to 113.76 trillion, higher than the difficulty of 112.1 trillion in the previous cycle. According to TheMinerMag, a hash price below $50 can put financial pressure on miners running older hardware such as the Antminer S19 XP and S19 Pro. Older hardware coupled with falling network transaction fees may push some miners into unprofitable situations—forcing them to shut down the hardware until they upgrade to application-specific integrated circuits (ASICs) or network conditions change.