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Home»Mining»Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
Mining

Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise

May 16, 2024No Comments1 Min Read
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According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice as the value of 1 petahash per second (PH/s) daily has climbed above the […]

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See also  Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment
Bitcoin Earnings Face miners Price Reduced Rise Significantly
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