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Bitcoin.com 2024-09-21 20:30:08

The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles

Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in the month, miners have already earned a hair over 62% of what they brought in during

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