🚀 Bitcoin Mining Revenue Takes a Dip, But Whales Keep Swimming! 🐋

August was a tough month for Bitcoin miners, with revenue dropping to $827 million, a 10% decrease from July's $927.35 million. This marks the worst month in nearly a year, with transaction fees also falling by $4 million.

Despite these challenges, the number of Bitcoin whales—those holding at least 100 BTC—has surged. According to Santiment, 283 new whales joined the ranks, bringing the total to 16,120, the highest in nearly 18 months.

While BTC's price has faced some turbulence, the long-term outlook remains optimistic. Keep hodling, Bitcoiners! 🌟