đ Bitcoin miners are feeling the pinch! Over the past two weeks, daily earnings have slumped to a yearly low of $2.54 million, a figure not seen since October 2023. This dip follows the April halving event, which slashed mining rewards by half.
Despite the revenue drop, rising Bitcoin prices and new protocols are keeping the lights on. Bitfarms, for example, saw a 22% stock surge after revealing a strategic overhaul of their mining equipment.
đ Curious about the future of Bitcoin mining? Share your thoughts in the comments! đŹ
For beginners, check out our guide on how to mine Bitcoin.
