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

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

Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s ProfitsWith 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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Author: Jamie Redman

Related posts:

  1. March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs
  2. Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023
  3. Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice
  4. Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
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