Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits

Updated: November 17, 2024

With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot. Bitcoin Miners Face a Hard […]



Source