📉 Bitcoin miners have had their worst month of revenue since September 2023!
- Miner revenue in August was $827.56 million, down 10.5% from July.
- The number of BTC mined fell from 14,725 in July to 13,843 in August.
- Mining difficulty reached a record high of 89.47 trillion.
- After the April halving, the block reward dropped to 3.125 BTC.
- Transaction volumes and fees also fell.
Source: Bitbo