Bitcoin Miners Pocket $1B in August, but Halving Pain Still Lingers
According to metrics, last month, bitcoin miners logged their best month in revenue since May, capturing $1 billion in profits between the subsidy and fees. The strong earnings were fueled by bitcoin’s price rising 24.95% in August, giving mining operators some much-needed breathing room. Bitcoin Miners Pocket $1 Billion as Hashprice Finds Relief Bitcoin miners […]
Key Takeaways
- According to metrics, last month, bitcoin miners logged their best month in revenue since May, capturing $1 billion in profits between the subsidy and fees.
- The strong earnings were fueled by bitcoin’s price rising 24.95% in August, giving mining operators some much-needed breathing room.
- Bitcoin Miners Pocket $1 Billion as Hashprice Finds Relief Bitcoin miners […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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