Bitcoin mining profitability experienced a noticeable decline in July compared to the previous month. This drop, highlighted in a report by Jefferies, has significant implications for miners globally as market conditions shift.

The Impact of Bitcoin’s Price Decline

Despite the stability in the Bitcoin network’s hash rate, the cryptocurrency’s value fell by over 6% in July.&middot

For the full story, head over to TheCurrencyAnalytics.com.

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