Bitcoin Miners Face Dire Revenue Challenges as Earnings Flatline Near Record Lows
Hashprice, an important indicator of miner earnings, is currently around a five-year low, highlighting the challenges faced by the mining industry. This figure reflects the revenue miners can expect from their computing power, priced per petahash (PH/s), usually in U.S. dollars. At present, it’s valued at $44.00 PH/s, slightly up from its August low when ...