Bitcoin Miners’ Income Fell By 26%

In June, Bitcoin miners generated $668 million in cumulative revenue, down 26% from the previous month.

According to the ForkLog report, the drop in profitability had almost no effect on the hash rate of the network. The 7 MA rose just 1% to 214.65 EH/s. Mining difficulty also decreased by 1% to 29.57 T.

The declining income of miners has already become an unpleasant trend, not only in the Bitcoin network. In June, the total income of Ethereum miners was almost $694 million, which is more than 52% less than in the previous month.

Post a Comment