Friday December 27, 2024

Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023

Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023

by Jamie Redman June 1, 2024 1 min read

(Originally posted on : Bitcoin News )

After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $964.24 million. Sharp Decline in Bitcoin Miner Revenue in May Bitcoin miners generated 46.15% less […]

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Russia Enacts Ban on Crypto Mining Operations in 10 Regions, Hints at Expansion

by Sergio Goschenko December 27, 2024 1 min read

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by Kevin Helms December 27, 2024 1 min read

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