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3232September Slump: Bitcoin Miners See 2024’s Lowest Revenue
https://www.digit.info/september-slump-bitcoin-miners-see-2024s-lowest-revenue/
Tue, 01 Oct 2024 18:01:24 +0000https://www.digit.info/september-slump-bitcoin-miners-see-2024s-lowest-revenue/Read more]]>According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $815.7M in September, Lowest Monthly Total of 2024 September was a tough month for bitcoin miners, who saw their lowest revenue […]
]]>Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value
https://www.digit.info/bitcoin-miners-face-a-squeeze-as-btc-production-cost-remains-well-above-spot-market-value/
Mon, 21 Nov 2022 17:30:25 +0000https://www.digit.info/2022/11/21/bitcoin-miners-face-a-squeeze-as-btc-production-cost-remains-well-above-spot-market-value/Read more]]>Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar following FTX’s collapse. Statistics recorded this past weekend show that bitcoin’s average cost of production has been a lot higher than bitcoin’s USD value […]