Bitcoin Mining Revenue in 2024: A Year of Change and Challenges

3 weeks ago 25

 A Year of Change and ChallengesBitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s block reward dropped from 6.25 BTC ($104,757.19) to 3.125 BTC at block 840,000 in mid-April, the dynamics of mining profitability shifted dramatically, influencing revenue trends throughout the year. From Peaks to Valleys: The Dramatic […]

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