Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
![Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures](https://maybecrypto.com/wp-content/uploads/2024/06/Bitcoin-Miners-Face-84-Profit-Decline-Amid-Falling-Hashprice-and-1024x576.jpg)
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners has declined as the hashprice, the revenue from 1 petahash […]
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