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September Slump: Bitcoin Miners See 2024’s Lowest Revenue

September Slump: Bitcoin Miners See 2024’s Lowest RevenueAccording to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $815.7M in September, Lowest Monthly Total of 2024 September was a tough month for bitcoin miners, who saw their lowest revenue […]

Trader who lost $26M to copy-paste error says it’s been ‘max pain’

Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value

Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market ValueBitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar following FTX’s collapse. Statistics recorded this past weekend show that bitcoin’s average cost of production has been a lot higher than bitcoin’s USD value […]

Trader who lost $26M to copy-paste error says it’s been ‘max pain’