Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023


$ 79,362.8
€ 71,133.3
¥ 38,800.0
£ 61,327.1
BTC
-3.57 %
$ 1,512.25
€ 1,355.49
¥ 739.28
£ 1,168.51
ETH
-7.76 %
$ 199.86
€ 179.18
¥ 97.78
£ 154.46
XMR
-1.32 %
$ 72.57
€ 65.08
¥ 35.47
£ 56.10
LTC
-6.10 %

After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $964.24 million. Sharp Decline in Bitcoin Miner Revenue in May Bitcoin miners generated 46.15% less […]

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