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Bitcoin Miner Revenue Falls to Its Lowest Level Since September

Bitcoin Miner Revenue Falls to Its Lowest Level Since September

Photo: TokenPost

Bitcoin (BTC) miner revenue has fallen to its lowest level since September, while miners are not being forced to sell their holdings. Mining helps secure the Bitcoin network and process transactions. An individual mining operation’s profitability depends on Bitcoin’s price, hardware efficiency, electricity costs, competition and transaction fees; revenue alone does not establish it. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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