🚀 Despite Bitcoin mining revenue taking a dip for the 4th month in a row, the DeFi and Web 3 world is still buzzing with optimism! 🌐
1. JPMorgan reports that daily block reward gross profit hit a record low in October. Ouch! But hey, mining difficulty reached an all-time high. Talk about a challenge! 💪
2. On the bright side, transaction fees spiked to 60% of block rewards, giving miners some hashprice relief. 🤑
3. Bitcoin network's hashrate surged to a record 702 EH/s, up 9% from September. More power, more potential! ⚡
What do you think? Share your thoughts in the comments! 👇