Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
![Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year](https://cryptoinvestment.at/wp-content/uploads/2024/08/bitcoin-mining-squeeze-july-revenue-hits-lowest-monthly-intake-of-the-year.jpg)
In 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 […]