Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024 

Updated: November 16, 2024



Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a Coinmetrics report. Bitcoin Mining Faces Pressures and Efficiency Improvements in 2024 Second Quarter In the aftermath of Bitcoin’s halving in […]



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248080cookie-checkCoinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024 

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