Bitcoin miners faced an 8.4% drop in profits amid Hashprice and market pressure

Bitcoin miners faced an 8.4% drop in profits amid Hashprice and market pressure



Over the past three days, Bitcoin miners have experienced an 8.4% drop in profits, echoing the decline in Bitcoin's price. Since then, the network's hashrate has fallen below the 600 EH/s mark. Depreciation squeezes Bitcoin mining profits to reduce bitcoin miners' income as hash value, the income from 1 petahash. […]

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