📢Odaily Planet Daily News! Coin Metrics' latest report reveals the current state of the Bitcoin mining market. Since the Bitcoin halving in April, mining profit margins have been under pressure😰 due to stagnant BTC prices and a sluggish fee market. Although short-term on-chain congestion has eased some revenue pressure, May and June will still be difficult months for miners.

🔍The report also pointed out that Bitcoin mining companies are about to enter an era of consolidation, and well-funded miners will acquire assets from less efficient operators. Coin Metrics concluded: "Miners must look to the future to survive the impact of efficiency improvements and competitive pressures, and the long-term trend of BTC prices remains an unpredictable investment for highly capital-intensive business models."🤔

Although the current situation is difficult, we are optimistic about the future of Bitcoin! 💪 Let's look forward to the next development of Bitcoin together! 🚀