Bitcoin mining profits have been destroyed by a record crisis and a historic drop in hashprice
In the year On August 7, 2024, Bitcoin price moved between $55,742 and $57,607 in a 24-hour range. This low price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily price of 1 petahash per second (PH/s), also known as hashprice, to drop below $36 two days ago. Miners struggle with an unprecedented low Hashprice […]
