Half of the 5th Month: Bitcoin Miners Continue to Face Income Struggles
Metrics Although the price of BTC rose 6.97 percent in September, the price of Bitcoin hash—the expected daily yield of 1 petahash per second (PH/s)—remains extremely low. This indicates that miners are still dealing with extremely thin profits. Nine days into the month, miners have recovered more than 62% of their haul. […]