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April revenue

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

Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price RiseAccording 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 […]

Crypto drainers are retiring as investigators start to close in

Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value

Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash ValueIn April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56 billion. Bitcoin Miners Recorded Strong Revenue Last Month On May 1, […]

Crypto drainers are retiring as investigators start to close in