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

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

#Mining, #Bitcoin, #Blockchain, #Cryptocurrency, #Hashprice, #Mining, #PriceFluctuations, #Profits, #Revenue, #TransactionFees

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