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

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

August 15, 2024No Comments1 Min Read
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With 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 […]

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See also  Bitcoin Mining Difficulty Drops 7.76% as Hashprice Struggles to Support Miners
August Bitcoin fraction Julys miners Profits Times Tough yields
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