Revenue of bitcoin miners fell 9% in July
- August 6, 2022
- 0
According to an analytical report by ForkLog, the total revenue of initial cryptocurrency miners in July was $609.7 million, down 9% compared to June. Bitcoin miners revenue by
According to an analytical report by ForkLog, the total revenue of initial cryptocurrency miners in July was $609.7 million, down 9% compared to June. Bitcoin miners revenue by
According to an analytical report by ForkLog, the total revenue of initial cryptocurrency miners in July was $609.7 million, down 9% compared to June.
While the corresponding figure for Ethereum miners fell 4% to $679.4 billion, the decline has exceeded 50% in the last period.
As a result of the last recalculation, the complexity of bitcoin mining decreased by 5.01% to 27.69 T. This was the maximum drop in the indicator since the beginning of the year.
Bitcoin hashrate increased 4% to 211.93 EH/s. Since the beginning of the year, the indicator has increased by 16.6 percent.
Commissions on the bitcoin network in July remained virtually unchanged, only occasionally exceeding $2. The indicator per Ethereum transaction continued to drop (-47% per month).
Sponsor of “Bitcoin industry by numbers” column – global blockchain ecosystem Binance.
Earlier in August, mining company Marathon Digital Holdings agreed to open a $100 million revolving line of credit secured in bitcoin from Silvergate Capital.
Recall that at the end of July, Canaan announced its plans to open a cryptocurrency mining business in the United States.
Earlier, the largest Monero mining pool – MineXMR – announced on August 12 that the business was stopped.
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Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.