Historic Drop in Bitcoin Revenue Leaves Miners Struggling
![Historic Drop in Bitcoin Revenue Leaves Miners Struggling](https://cryptoinvestment.at/wp-content/uploads/2024/08/historic-drop-in-bitcoin-revenue-leaves-miners-struggling.jpg)
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/s […]