Monetary Squeeze Tightens for Bitcoin Miners as Earnings Proceed to Fall

Monetary Squeeze Tightens for Bitcoin Miners as Earnings Proceed to Fall

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On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), however by Sunday, it had dropped to $51.66 per petahash. During the last 100 blocks, bitcoin miners averaged about 3.55 BTC for every block they mined, indicating that bitcoin miners are receiving lower than half a BTC per block in onchain charges. Bitcoin Miners […]

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