📢 Binance Square Update: Dogecoin & Litecoin Outshine Bitcoin in Mining Profits 🚀
American mining giant BIT Mining (NYSE: BTCM) reveals that Dogecoin and Litecoin are now more profitable than Bitcoin. Thanks to merged mining, the company has raked in significant profits, mining:
🔹 84,485 Litecoin valued at $12.2M
🔹 227,908,250 Dogecoin valued at $100.2M
The surge is fueled by Elon Musk's endorsement and growing market demand. With Bitcoin halving making mining less lucrative, Dogecoin and Litecoin's efficiency has become a cash cow for miners.
Current prices (via CoinGecko):
🔸 Dogecoin: $0.44 (+8% in 24h)
🔸 Litecoin: $143 (+16% in 24h)
🔸 Bitcoin: $101,368
Is this the dawn of a new mining era? Let us know your thoughts below!