Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall

Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall

full version at news.bitcoin
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that bitcoin miners are receiving less than half a BTC per block in onchain fees. Bitcoin Miners […]

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