Hard Times for Bitcoin Miners: The first half of August will yield only a fraction of July’s profits

Hard Times for Bitcoin Miners: The first half of August will yield only a fraction of July's profits



In the rearview mirror of the first half of August, it's clear that Bitcoin miners, who accumulated only 36.36% of their total earnings in July, are in for a challenging month. Bitcoin's price volatility and on-chain fee reductions have put miners in a very tight spot. Bitcoin miners face a serious problem. […]

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