Saturday, August 3, 2024

Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year

Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the YearIn July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging for bitcoin miners, as earnings hit their lowest […]

via Jamie Redman

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