Crypto Updates

Historic Drop in Bitcoin Revenue Leaves Miners Struggling

Historic Drop in Bitcoin Revenue Leaves Miners Struggling


After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/s […]

Click Here to Read the Full Original Article at Mining Archives – Bitcoin News…