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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 […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low

Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s LowBitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops $99.75M Lower Than July The ongoing effects […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year

Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the YearIn July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging for bitcoin miners, as earnings hit their lowest […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Bitcoin Network Sees Second Largest Difficulty Reduction of 2024

Bitcoin Network Sees Second Largest Difficulty Reduction of 2024On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty dropped by 5% this week at block height 850,752 on July 4. This […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA